UNDP to address urgent climate change adaptation needs in Malawi and Maldives through Green Climate Fund supportNov 6, 2015
Two UNDP projects, to address urgent climate change adaptation needs in Malawi and Maldives, received $35.9 million funding support from the Green Climate Fund this week.
The Green Climate Fund was established under the UN Framework Convention on Climate Change to promote a shift toward low emissions technology and climate resilience in developing countries. As of November 2015, the Fund has raised $10.2 billion in pledges from 38 Governments, with $5.8 billion of this converted into signed contribution agreements.
UNDP submitted the proposal for the project in the Maldives, as well as a project in Malawi which will give people access to vastly improved weather information that will help them to plan for shocks and adapt to climate change.
Both Malawi and the Maldives have suffered from the effects of climate change over the past years, and UNDP has been working with communities and Governments in both countries to find sustainable solutions for populations, particularly those in remote areas. The project in Malawi is a $16.3 million initiative with $12.3 million in GCF financing that will scale up the use of modernized climate information and early warning systems for saving lives and protecting agriculture based livelihoods. The project in the Maldives is a $28.2 million initiative with $23.6 million in GCF financing that will support vulnerable communities to manage climate change induced water shortages. It is expected that in Maldives, over 100,000 will benefit from clean drinking water in the dry season, and in Malawi, over 3 million are expected to benefit from early warning systems for climate change adaption. Universal access to clean water and sanitation is one of 17 Global Goals that make up the 2030 Agenda for Sustainable Development.
Magdy Martínez-Solimán, UNDP's Assistant Administrator and Director of the Bureau for Policy and Programme Support said, “UNDP congratulates the Green Climate Fund Board for taking this significant step in the evolution of the Fund. It shows that the Fund is now up and running and committing resources for developing countries before the world meets in Paris next month for the global climate change negotiations. UNDP is proud to be a partner for this first round, and we look forward to working with the Governments of Malawi and the Maldives in the implementation of their pioneering projects.”
The Board of the Green Climate Fund approved $168 million worth eight funding proposals from a range of national, regional and international accredited entities, mostly from Least Developed Countries, Small Island Developing States and African States. Almost $1.5 billion in 37 funding proposals were received by the GCF Secretariat for this first funding round, and demand is expected to grow significantly over the coming months. The next funding round will be in early 2016.
Sangita Khadka, Communications Specialist, UNDP Bureau for Policy and Programme Support, email: email@example.com, Tel:+1 212 906 5043+1 212 906 5043