AMID accelerating climate change, the increasing value of carbon capture and the degradation of biodiversity globally, the concept of Nature as Infrastructure arrives at a pivotal moment. It mitigates the impact of human development on nature. It includes direct investments in nature assets to sustain critical infrastructure-like services and integrates nature-based solutions into infrastructure design to enhance climate resilience.
Chris Legg | East Asia Forum eastasiaforum.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastasiaforum.org Daily Mail and Mail on Sunday newspapers.
A joint report by multilateral development banks (MDBs) published today finds that MDB climate finance reached a new record high in 2022. The announcement comes as delegates meet in Marrakesh, Morocco, for the World Bank (WB) Group and International Monetary Fund Annual Meetings, where scaling up public climate finance, in particular for low and middle-income economies, is one of the items on top of the agenda.