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Welcoming the Global Fund for Coral Reefs to the Race to Resilience

H.E Ms Razan Al Mubarak, President of the IUCN and UN Climate Change High-Level Champion for COP28 welcomes the Global Fund for Coral Reefs as a partner to the Race to Resilience. By Climate Champions | March 7, 2023

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.

Race to Resilience

Race to Resilience welcomes 3 new regions as part of RegionsAdapt to boost climate resilience in India, Senegal, and Brazil

Three new regions — Assam (India), Louga (Senegal), and Pernambuco (Brazil) — have joined the Race to Resilience campaign through RegionsAdapt, committing to enhance climate resilience. Discover how these areas are empowering local communities, from rural farming to coastal restoration, to protect their environments and create sustainable futures.

Race to Resilience

Race to Resilience in action: How insurance is protecting millions from climate risks in the Philippines, Uzbekistan, Togo, and Morocco

Discover how Race to Resilience partner, the InsuResilience Global Partnership, is leading innovative insurance projects across the world that protect millions of vulnerable people from climate-induced disasters.

Race to Resilience

World Water Week special: Buenos Aires water utility leads climate fight with bold water strategies

Discover how Buenos Aires’ water utility, AySA, supported by Race to Resilience partner Sanitation and Water for All, is leading the fight against climate change with innovative strategies that safeguard water supplies for millions

Race to Resilience

Surf’s up, risks down: How a bold insurance plan could preserve surfing hotspots amid climate threat

Rising sea levels, more frequent storm surges, and erosion are jeopardising the intricate coastal features and ecosystems that create perfect waves, threatening both the sport and the economies it supports. In response, Race to Resilience partner, the Ocean Risk and Resilience Action Alliance (ORRAA), are supporting Save The Waves with their pioneering and innovative insurance model in El Salvador, aimed at protecting precious surf ecosystems and the communities that depend on them.