Make climate finance pro-poor, equitable, and people-centered – Asian countries
BALI, INDONESIA, June 1, 2022 – Governments and civil society groups from South and Southeast Asia signed an agreement to enable inclusive, gender equitable, and human rights-based climate and disaster financing for vulnerable nations. “Worsening climate change impacts, particularly episodic extreme weather events, are threatening no less than the long-term economic viability of developing countries. Climate and disaster risk finance and insurance (CDRFI) is thus central to the response to such an existential threat by making urgently needed resources available and by providing more inclusive and responsive services. Through CDRFI, countries can develop stronger, more coordinated climate change and disaster [...]