Tag: UNEP

New US$9.8 million initiative to boost climate resilience through Ethiopia’s Green Legacy

Stuart Mitchell

Ethiopia is scaling up nature-based solutions to tackle the growing impacts of climate change, with the launch of a new US$ 9.8 million project supported by the Least Developed Countries Fund of the Global Environment Facility and implemented by the United Nations Environment Programme (UNEP). Scaling up the Green Legacy Initiative best practices to enhance the climate resilience of smallholder farmers and vulnerable groups in Ethiopia will strengthen the resilience of vulnerable communities by expanding ecosystem-based adaptation approaches across the country, in a way that prepares for the future climate. “Restoration…

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USD 52.8 million in new GEF support to boost UNEP-led environmental initiatives worldwide

Stuart Mitchell

The Global Environment Facility (GEF) has announced USD 52.8 million for four new UN Environment Programme (UNEP)–led projects during its 70th Council meeting. The funding will support practical solutions to some of today’s most urgent environmental challenges, including restoring critical ecosystems, expanding clean mobility and strengthening global climate transparency.  This announcement comes a week after the seventh session of the United Nations Environmental Assembly (UNEA-7) that brought together over 6,000 delegates from over 180 United Nations Member States. UNEP Executive Director Inger Andersen welcomed the announcement, saying: “These new investments…

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Comoros launches new US $54 million initiative to scale up nature-based climate action

Stuart Mitchell

The Government of the Union of Comoros recently launched a major new climate resilience initiative backed by a US $10 million grant from the Global Environment Facility (GEF) and US $44 million in co-financing from partners including the World Bank and the French Development Agency. The investment aims to help safeguard 140,000 coastal residents by restoring, protecting, and sustainably managing 6,200 hectares of mangroves, beaches, and upper watersheds that make up the islands’ natural defence system. The five-year project is being executed by the Comorian General Directorate of Environment and…

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Stocktake of Sustainability Standards and Initiatives for minerals and metals

Stuart Mitchell

Amid the global rising demand for minerals and metals, a new report from the UN Environment Programme (UNEP) and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) maps over 100 Sustainability Standards and Initiatives operating across value chains to clarify how these interact with laws, regulations and policy commitments, and how they might enhance environmental governance rather than undermine it.  The study finds that while these standards and initiatives are increasingly used to promote environmental and social performance, their rapid proliferation has created a fragmented and often confusing…

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World’s first impact bond on weather and climate data opens for contributions

Stuart Mitchell

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) —…

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