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Mainstreaming Nature: institutions, capacity, and evidence - Institute of Development Studies
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Increasing financial flows and the role of finance in sustaining nature - Institute of Development Studies
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Wallhouse, Dominica, 2017, a few days after Category 5 Hurricane Maria struck the island. At the Latin America and the Caribbean Climate Week the Dominican Republic called for a consolidated regional vision in the face of climate change that would bring a strong regional position to COP26. Credit: Alison Kentish/IPS
UNITED NATIONS, May 13 2021 (IPS) - The Dominican Republic opened the 2021 virtual Latin America and the Caribbean Climate Week with a pledge to increase the country’s climate ambition by reducing its greenhouse gas emissions by 27 percent and maintaining progress towards climate neutrality according to the goals of the Paris Agreement.
“For us, climate action is not just about mitigation. We need to prepare for what is coming. We especially welcome this Latin America and Caribbean Climate Week. Let’s consolidate a regional vision in the face of climate change and bring a strong regional position to COP26,” said Dominican Republic’s Environment and Natural Re
Flood walls and forests help Djibouti adapt to climate change
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The East African
Wednesday February 24 2021
Flood-affected areas in Jamalpur, Bangladesh in 2020. Developing countries lack funding to take appropriate action to prevent or minimise the adverse effects of climate change. PHOTO | NurPhoto via AFP
Summary
Huge gaps remain particularly in finance for developing countries and in bringing adaptation projects to the stage where they accrue real reductions in climate risks.
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According to the
Adaptation Gap Report by the United Nations, poor and vulnerable regions continue to suffer the most from the associated impacts as the global emissions and the climate crisis accelerate.
While nations have advanced in planning and implementation, huge gaps remain particularly in finance for developing countries and in bringing adaptation projects to the stage where they accrue real reductions in climate risks.