Insta
Coping With Climate Change: India Gets $43 Million From GCF To Make Coastal Communities Resilient
Swarajya Staff
Oct 25, 2018, 10:52 AM | Updated 10:52 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Green Climate Fund (GCF), a fund backed by the United Nations, has approved a grant of $43.4 million to India, as reported by Business Standard. This will improve the resilience of coastal communities against climate change-related loss and damage.
The grant will also help India achieve its goals under Paris Agreement as well as 2030 Agenda for Sustainable Development.
This grant is part of the $1 billion that GCF has set aside to help developing economies mitigate the risks of climate change and improve adaptability to changing global climatic conditions. The new projects that will be undertaken as part of the grant, will receive the backing of United Nations Development Programme (UNDP).
Developing countries like India, are most vulnerable to climate change-related issues. In the Germanwatch Climate Risk Index, which ranks the countries according to their extreme weather risks, all the top ten spots are occupied by developing economies.
It should also be noted that 95% of fatalities from natural disasters in the last 25 years, occurred in developing countries. This proportion will only increase if the developed countries keep up with their refusal to not transfer clean technologies to emerging economies.
Coastal communities which live in proximity to the seashore will face dangers like rise in sea levels, ocean acidification and changes in precipitation and storm intensity.
Satellite imagery from 1984 to 2016 shows that ten islands in the Atlantic have shrunk by 27 per cent. This reduction in land size will lead to population displacement and create a new set of refugees seeking asylum called ‘climate refugees.’
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.