Climate-vulnerable countries face climate financing costs for mitigation, adaptation and resilience amounting to US$490 billion annually by 2030, according to a new report by the Climate Vulnerable Forum and the Vulnerable 20 Group of Finance Ministers (CVF-V20) and the Bridgetown Initiative. The report, released recentlyat The Norwegian Agency for Development Cooperation (Norad) conference, identifies ten ‘super levers’ that could help mobilise an additional US$210 billion a year to enable this group of 70 vulnerable nations to build physical and economic resilience and meet climate-related investment needs by 2030. The report…
Read MoreLandmark Report Offers Ten ‘Super Lever’ Solutions to Raise Vital Funds for Climate-Vulnerable Countries
