Putting the support and empowerment of women, civil society, youth, Indigenous peoples, people with disabilities, and the most vulnerable and marginalized communities at the heart of the Race to Resilience is critical to ensuring a just and effective global climate action, says Hajrah Waqas, Climate Champions’ Resilience Youth Fellow.
Welcoming the Global Fund for Coral Reefs to the Race to ResilienceH.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.
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 second progress report: Action underway boosting the resilience of 1.87 billion people
As a testament to the world’s collective effort to address the stark reality of climate change, the second progress report of the Race to Resilience campaign was launched today at COP28.
Race to Resilience in action: 10 initiatives helping people and nature thrive in a world of increasing climate pressures
10 solution stories, highlighted in the Race to Resilience’s Second Progress Report, launched today at COP28, showcasing diverse approaches and collaborative efforts aimed at creating a more resilient and regenerative world.
Hajrah Waqas, Climate Champions’ Resilience Youth Fellow discusses the importance of nature restoration in climate action.