News Digest | 16-31 October

World Bank launches Resilient Asia Program to bolster climate resilience in South Asia

The World Bank launched the Resilient Asia Programme (RAP) in an attempt to improve environmental resilience in South Asia and tackle the severe challenges posed by climate change. South Asia’s regional collaboration and climate resilience will be significantly advanced by the Resilient Asia Programme. Four key topics are at the center of the program’s fundamental mission. One of the main goals is to increase South Asian countries’ ability to plan, create, and implement investments and policies that will increase their climate resilience. Preserving biodiversity will also have a direct bearing on this capacity-building process. With an emphasis on high-impact climate action, RAP will aggressively support climate investments in South Asia. The goal is to allocate funds to endeavors and projects that have a major impact on sustainability and climate resilience. Recognizing the transboundary nature of climate concerns, RAP aims to strengthen resilience with respect to shared water, climate, and natural resources by promoting regional collaboration. Hydro-meteorological and climatic shocks pose a serious threat to South Asia. In order to foster cooperation and strengthen regional competence in hydrometers, early warning, and climate services, the programme supports the South Asia Hydromet Forum (SAHF). In order to solve the serious air pollution problems that Bangladesh, India, Nepal, and Pakistan are facing, RAP assists in the creation and execution of a regional air quality management programme. The purpose of this programme is to make it easier for partner universities to coordinate, meet, and share expertise. An important and urgent project is the Resilient Asia Programme, which is a collaboration between the World Bank and the UK’s Foreign, Commonwealth, and Development Office. Over half of South Asia’s population continues to be affected by climate-related disasters, so this programme is expected to be a crucial part of their response.

$120 Million from Green Climate Fund to Support ADB’s Community Resilience Partnership Program in Asia and Pacific

The Asian Development Bank’s (ADB) Community Resilience Partnership Programme (CRPP), which aims to increase localized investments in climate adaptation to strengthen climate resilience in vulnerable and impoverished communities, has received approval from the Green Climate Fund (GCF) for climate adaptation financing totaling $120 million. The funding was approved by the GCF during its 37th board meeting. Developed to assist developing nations in addressing the challenge of climate change, the Global Climate Fund (GCF) is headquartered in Songdo, Republic of Korea. Since becoming an approved GCF institution in 2015, ADB has helped developing member nations access $1 billion. The CRPP is made operational by means of the Community Resilience Financing Partnership Facility (CRFPF), which comprises the CRPP Investment Fund, which is financed by GCF and supports the implementation of local adaptation measures through downstream investments, and the CRPP Trust Fund, which the Nordic Development Fund, the French Development Agency, and the United Kingdom support. As the climate bank for Asia and the Pacific, the Asian Development Bank (ADB) plans to provide $100 billion in total climate funding from its own resources between 2019 and 2030. By assisting local communities with climate adaptation strategies, particularly when it comes to investments in decentralization, livelihoods, and social protection, the CRPP will help achieve this goal.

Upcoming COP28 summit must ‘respond decisively’ to gaps in global climate action

The series of UN-facilitated meetings and activities that have been held over the past year to allow nations and other stakeholders to assess where they have—or have not—been making progress towards achieving the objectives of the 2015 Paris Agreement is known as the Global Stocktake. The goal of the Pre-COP in Abu Dhabi is to assist nations in preparing for talks at the upcoming global climate summit, sometimes referred to as COP28 or the 28th Conference of Parties to the UN Framework Convention on Climate Change. The Pre-COP is a significant chance for the world to come together in support of a common goal to revolutionize the international response to climate catastrophe, according to the organizers, as it is the final official ministerial engagement prior to COP28. The countries are gathering for the two-day preparatory meeting precisely one month before COP28, which is scheduled to take place in Abu Dhabi from November 30 to December 12.

Why Climate Change Is Now an Urgent Global Emergency – Exploring the Science and Solutions

There is strong scientific evidence supporting the shift towards classifying climate change as an “emergency.” Data gathered throughout time has shown concerning trends, including the ongoing rise in global temperatures and the rise in the frequency of extreme weather occurrences. Evidence based on data is crucial to our comprehension of climate change. Satellite data, temperature records, and ice core samples all point to the same concerning trend: the Earth is warming at a never-before-seen rate. These data sources are crucial to climate scientists’ ability to forecast future trends, so the situation is alarming. The phrase “emergency” has been used to highlight how serious and urgent the situation is. One of the most important conclusions is that greenhouse gas emissions have significantly increased over the last few decades, mostly due to human activity. The earth has become warmer as a result, endangering coastal populations as sea levels rise and polar ice melts. These results emphasize how urgent it is to combat climate change. The Earth warms due to the greenhouse effect, which is caused by greenhouse gases like carbon dioxide and methane trapping heat in the atmosphere. Human actions like the combustion of fossil fuels, deforestation, and industrial operations are the main causes of this effect. Climate change is causing unpredictable weather patterns, threatening agriculture, the foundation of human civilization. Droughts, floods, and emerging pests are some of the difficulties that crops confront and can impact both quality and productivity. Therefore, there is a risk of food shortages and price increases, especially in areas that are vulnerable, and food security becomes a problem. To combat climate change, numerous governments are moving forward. This includes policy measures to promote the use of electric vehicles, control industry emissions, and shift to cleaner energy sources. Recognizing the “emergency” nature of the problem, these modifications are essential to the battle against climate change.



Leave a Reply

Your email address will not be published. Required fields are marked *