IDB loan will improve coastal risk management while reducing beach erosion, coastal flooding and habitat degradation
The United Nations Development Programme (UNDP) is grateful for the specific pledges made by Norway, India, Luxembourg, Russian Federation, Thailand, Kuwait, Bangladesh, United Arab Emirates, Singapore, Estonia, Indonesia, Lao People's Democratic Republic, Mongolia, Myanmar and Albania to regular resources totaling $77 million.
The Green Climate Fund (GCF) is providing a $12 million grant as additional financing to the ongoing Cook Islands Renewable Energy Sector Project, which will help the country transition to a renewable energy future.
The partnership will explore efficiency gains and more renewable sources in district energy – a system that heats or cools multiple buildings through underground pipes – and integrated planning.
Did you know that mangroves could defend and feed a community? On Mangrove Day, learn about these unique ecosystems that help coastal communities enhance disaster resilience and improve livelihoods.