The Fiji Times » Lloyd s to enter Fiji | New climate-related insurance product design fijitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fijitimes.com Daily Mail and Mail on Sunday newspapers.
Climate finance is an essential component to enabling climate action, and large-scale investments are needed. The WBG, the biggest multilateral funder of climate investments in developing countries, delivered over US$109 billion in climate financing between 2016 and 2021, including a record $26 billion in FY2021. The WBG’s Climate Change Action Plan (CCAP) committed US$25 billion on average in annual financing between fiscal years 2021 to 2025 for initiatives that lower Greenhouse Gas (GHG) emissions and foster adaptation, while reducing poverty and improving development outcomes.
Council recognised for proactive disaster resilience response miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Natural disasters in the U.S. have caused an average of almost $150 billion in damages per year over the past five years, and these costs are likely to rise as the climate changes.