The GCF is the largest global fund dedicated to supporting developing countries to reduce global emissions and help communities adapt to the effects of climate change…reports Asian Lite News
Rishi Sunak announced a record climate aid commitment as the G20 Summit in India nears its commencement, said the British High Commission in India on Sunday.
The UK will provide $2 billion to the Green Climate Fund (GCF) which is the biggest single funding commitment the UK has made to help the world tackle climate change, which was established by 194 countries following the Copenhagen Accord at COP15.
“Uplift makes a significant contribution towards the UK’s pledge to spend 11.6bn Pounds on international climate finance, cementing our global climate leadership. UK continues to show global climate leadership, having cut emissions faster than any other G7 country,” said a release by the British High Commission.
We're delivering on our commitment to help the world deal with climate change:
🍃 Provide $2bn to the Green Climate Fund 📈 Decarbonising our own economy 🌍 Supporting the world’s most vulnerable to deal with the impact of climate change
This is the UK’s biggest single financial contribution to helping the world’s most vulnerable people adapt to and mitigate the impact of climate change.
The GCF is the largest global fund dedicated to supporting developing countries to reduce global emissions and help communities adapt to the effects of climate change.
Today’s pledge represents a 12.7 per cent increase on the UK’s previous contribution to the GCF for the period of 2020-2023, which was itself a doubling of our initial funding to establish the fund in 2014, the release added.
At the G20 Summit UK PM Sunak has called on leaders to work together ahead of the COP28 Summit this December to both reduce their countries’ own carbon emissions and support vulnerable economies to deal with the consequences of climate change.
Addressing G20 leaders, Sunak said, “The UK is stepping up and delivering on our climate commitments, both by decarbonising our own economy and supporting the world’s most vulnerable to deal with the impact of climate change.”
“This is the kind of leadership that the world rightly expects from G20 countries. And this government will continue to lead by example in making the UK, and the world, more prosperous and secure,” he added. (ANI)
The fund will empower Indian women and communities to fight climate change and help provide new livelihood resources and education…reports Asian Lite News
Former secretary of state Hillary Clinton announced a Global Climate Resilience Fund of $50 million for women to fight climate change in association with the Self Employed Women’s Association (SEWA) founded by late Indian activist Ela Bhatt.
The fund will empower women and communities to fight climate change and help provide new livelihood resources and education, she said.
Clinton visited salt pan workers in the Little Rann of Kutch near Kuda village in Gujarat’s Surendranagar district and learnt from them the process of salt production and hardships faced by them.
“Today, Clinton Global Initiative with American Indian foundation, SEWA and other organisations, I announce 50 million dollar Global Climate Resilience Fund for women,” she said addressing the salt pan workers.
“I have had the privilege of working with Elaben (Bhatt) and SEWA for nearly 30 years. But we are thinking about next 50 years,” she said.
“Whether you’re in construction, waste recycling, plastic, or a farmer, your challenge to make an income working through heat will be the next big problem,” said Clinton, who is on a two-day visit to Gujarat from Sunday.
She had attended a programme in Ahmedabad on Sunday to mark 50 years of SEWA as a trade union and paid homage to its founder and renowned social activist Ela Bhatt, who passed away in November last year.
During the event, she had said heat caused by climate change poses an additional challenge to women workers in informal sectors and the Global Climate Resilience Fund will help tackle this challenge.
On Monday, Clinton said she started talking to Reemaben Nanavati, SEWA’s director, regarding the new struggle that heat is presenting, because every job that members of the women’s trade union represent “will be affected by heat.”
Nanavati suggested that SEWA can be the nodal agency for such a first-of-its-kind experiment.
“We have brought together a group of concerned people to help with this challenge, and a number of these groups are represented here to help start the Global Climate Resilience Fund in partnership with SEWA — the first fund like this in the world,” Clinton said.
She said working with SEWA will be the Clinton Global Initiative, Rockefeller Foundation Resilience Center, Algorand Foundation, Council for Inclusive Capitalism, and the American India Foundation.
“These will be some of the partners with SEWA to begin to address this very significant challenge,” she said.
Clinton said anyone who has to go outside for work, like police officers, fire-fighters, people in every walk of life going in and out to work in heat “are going to need the kind of help and support that this project pioneered by SEWA will provide.”
Rockefeller Foundation Director Kathy Bunghman, who was also present on the occasion, announced an “Extreme Heat Insurance” for members of SEWA.
“You will not have to pay insurance premiums. During extreme heat conditions when you cannot work, this insurance will provide you regular income,” she said.
On the occasion, women working in different fields associated with SEWA narrated how their lives have changed due to extreme climate conditions like heat, floods and drought.
Addressing members of Self Employed Women’s Association (SEWA) in Ahmedabad Clinton said a group of concerned people has come together to help start the climate resilience fund which will be the first-of-its-kind in the world.
“You’ve overcome so many obstacles, broken through so many barriers. But now you face an additional challenge–the challenge that climate change presents–of heat,” Hillary Clinton said at the event to mark 50 years of SEWA as a trade union and to pay homage to its founder and renowned social activist Ela Bhatt.
Ahmedabad, Gujarat | Hillary Clinton attended an event by Self Employed Women's Association (SEWA), a central trade union, during her visit to India
“Whether you’re in construction, or you are in waste recycling, or you are in plastic, or you are a street vendor, or you are a farmer, whatever you are, your challenge to make an income to support yourselves and work throughout the days of overwhelming heat will be the next big problem that SEWA will help you try to resolve,” she said.
Hillary Clinton said she had spoken to SEWA director Reemaben Nanavati over the new struggle heat was presenting as it would affect every job that members of the women’s trade union represents.
Speaking on the ‘Global Climate Resilience Fund’, Clinton said, ” We are going to be working over the next months and years with SEWA and all of these committed organisations and others who will join, because this is not a problem just for SEWA.”
