GREEN FINANCE-

AGDA, G7+, ODI launch mechanism for climate action in conflict zones: The AnwarGargash Diplomatic Academy (AGDA), the G7+, and global affairs think tank Overseas Development Institute (ODI) have announced a new coordination mechanism to enhance climate action in fragile and conflict-affected areas, Wam reports. The initiative supports the COP28 Declaration on Climate, Relief, Recovery, and Peace and aims to stimulate climate action and finance for communities facing severe humanitarian challenges by allowing finance providers to tailor programs and finance solutions for these vulnerable areas. AGDA is an autonomous federal diplomatic research and civil service training institute in Abu Dhabi.

REMEMBER- The COP28 Presidency launched the Declaration on Climate, Relief, Recovery and Peace on 3 December. WFP’s Executive Director Cindy McCain and COP28 President Sultan Al Jaber called for urgent action to increase climate action in fragile and conflict-affected areas where “extreme weather events affect three times as many people annually compared to other countries.”

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • UAE approves digital transformation framework: The UAE cabinet has approved a framework for the government’s sustainable digital transformation as well as a charter setting safety and privacy standards for the use of AI. (Wam)
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