Posted on January 29, 2021
Global Fund for Coral Reefs launches fundraising campaign
The Global Fund for Coral Reefs (GFCR) is pleased to announce that Germany, the Paul G. Allen Family Foundation, and the Prince Albert II of Monaco Foundation, UN Agencies (UNDP, UNEP and UNCDF) and financial institutions (BNP Paribas and Mirova) have made commitments to the fund totaling more than USD$10 million. These contributions, announced during the first GFCR Executive Board meeting this week, mark the launch of a fundraising campaign that will culminate at the UN Climate Change Conference of the Parties (COP26) in Glasgow in November 2021.
Coral reefs, Photo: UNDP Jordan
Global Fund for Coral Reefs to catalyze private sector investment blue economy
The Fund will play a vital role in unlocking major private sector investment towards coral reef conservation and restoration in developing countries.UNDP | Updated: 27-01-2021 11:44 IST | Created: 27-01-2021 11:44 IST
Our CBD colleagues recently released Global Biodiversity Outlook Five, which confirms that coral reefs “show the most rapid increase in extinction risk of all assessed groups” due to human pressures, including climate change. Image Credit: Flickr
Global climate change and localized anthropogenic stressors are driving rapid declines in coral health. The loss of coral reef ecosystems not only puts at risk one of the richest sources of biodiversity on our planet but also the security and livelihoods of at least one billion people that rely on them.
S. Korea to Provide US$1 mln to U.N. Fund for People Near Shrinking Aral Sea
Posted on
An abandoned ship near Aral, Kazakhstan (image: Public Domain)
SEOUL, Dec. 17 (Korea Bizwire) South Korea pledged Thursday to provide US$1 million to a U.N. development fund to help communities near the Aral Sea suffering from decadeslong water depletion, the foreign ministry said.
Chung Kee-yong, director general for climate change, energy, environment and scientific affairs at Seoul’s foreign ministry, signed an agreement to provide the funds during a virtual meeting with Jennifer Topping, executive coordinator of the U.N. Multi-Partner Trust Fund Office, the ministry said.
S. Korea to provide $1 m to UN fund for people near shrinking Aral Sea |
Chung Kee-yong, director general for climate change, energy, environment and scientific affairs at Seoul s foreign ministry, signs the agreement on Seoul s pledge to provide $1 million to a UN fund to help people living near the shrinking Aral Sea. (Ministry of Foreign Affairs)
South Korea pledged Thursday to provide $1 million to a UN development fund to help communities near the Aral Sea suffering from decadeslong water depletion, the foreign ministry said.
Chung Kee-yong, director general for climate change, energy, environment and scientific affairs at Seoul s foreign ministry, signed an agreement to provide the funds during a virtual meeting with Jennifer Topping, executive coordinator of the UN Multi-Partner Trust Fund Office, the ministry said.