The Systematic Observations Financing Facility (SOFF) has opened for contributions to raise USD 200 million towards a climate impact bond aimed at strengthening systematic observation of the planet and help close critical weather and climate data gaps. The Systematic Observation Impact Bond will be announced as part of the COP30 Action Agenda, supported by the Government of Brazil as COP30 Presidency. If backed, the bond would enable 30 Least Developed Countries (LDCs) and Small Island Developing States (SIDS) to meet the requirements of the Global Basic Observing Network (GBON) —…
Read MoreWorld’s first impact bond on weather and climate data opens for contributions
