The Global Fund for Coral Reefs is a 10-year, $625 million, blended finance vehicle established through a coalition between UN agencies, financial institutions, and private philanthropy sources.
The GFCR supports business models that can sustainably finance key conservation and development goals for coral reefs via two initiative funds. Technical assistance, capacity development, monitoring, and evaluation are provided via the grant fund, while the investment fund generates de-risked investment capital to maximize the impact of projects incubated by the grant fund.
The Race to Resilience campaign continues to gain momentum as partners from around the world work hard to address the urgent challenges posed by the climate crisis.
Race to Resilience partner, Resurgence, today announced the launch of Africa’s most ambitious and inclusive urban early warning initiative, spanning cities in the East and Greater Horn of Africa.
Banka Bioloo, partner to Resilience First and Race to Resilience, is on a mission to improve sanitation in rural India by using innovative climate-friendly technology.
The Intergovernmental Panel on Climate Change (IPCC) Synthesis Report under the Sixth Assessment Cycle will be released on 20 March. Working Group II lead author and Technical Lead of Race to Resilience, Paulina Aldunce explains its significance.
