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Latest Updates and Insights on Climate Finance Action

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Advancing Gender-Responsive Climate Finance in Asia-Pacific: Insights from the Beijing+30 Review

At the Beijing+30 Review, UNDP’s Climate Finance Network spotlighted strategies for gender-responsive climate finance in Asia-Pacific. Leaders shared frameworks, case studies, and innovations to address gendered climate impacts, fostering equity and regional collaboration.

The event opened with a keynote by H.E. Sharmeen S. Murshid, Honorable Advisor, Ministry of Women and Children's Affairs, Bangladesh

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Financing the Future: Bangladesh Bank and UNDP Tackle Climate Risks

Bangladesh Bank and UNDP partnered to boost climate-resilient financing, focusing on risk modeling, innovative tools, and ESG standards. Supported by CFN, FCDO, and Sida, the initiative strengthens Bangladesh’s financial systems for sustainability and resilience.

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ASEAN Parliaments Seek to Strengthen Oversight on Sustainable and Climate Finance

Parliamentary staff from ASEAN gathered for a UNDP CFN training, enhancing oversight of sustainable and climate finance. Sessions covered budget analysis, tagging, and reviews, aligning funding with national priorities. This marks the first step in a multi-year effort to strengthen governance.

Press Release

Sweden announces USD$3.65 million climate finance support to five Asia-Pacific countries in partnership with UNDP, UNCDF

The Swedish International Development Cooperation Agency (Sida) announced a USD$3.65 million programme to support five Asia-Pacific countries in their efforts to overcome the impacts of climate change, in collaboration with UNDP and the United Nations Capital Development Fund, UNCDF.

UNDP strengthens collaboration to promote sustainable finance in the Philippines

The Department of Environment and Natural Resources (DENR) hosted a roundtable discussion on thematic bonds supported by the United Kingdom's Foreign, Commonwealth and Development Office (UK FCDO) and the United Nations Development Programme (UNDP) through the CFN initiative.

A Low-Carbon Development Nexus Launched in the Parliament: Climate Finance Handbook, Circular Economy Modul and Study on Islamic Blended Finance

UNDP Indonesia, with the Green Economy Caucus of DPR RI and the Anwar Muhammad Foundation, held a dissemination event for the Climate Finance Handbook for Parliament.

Event

Regional Workshop: Strengthening Regional Partnerships for Climate Transition

The workshop served as a crucial platform for policymakers, financial institutions, experts, and the private sector to converge, sharing insights, experiences, and strategies to accelerate the climate transition.

First Asia-Pacific Blue Economy Forum Convenes in the Maldives

The Asia-Pacific Blue Economy Forum brings together government ministries, private sector representatives, civil society organizations, and practitioners from 15 countries to discuss key themes on the blue economy.

Press Release

UK announces £20 million support to UNDP in Asia-Pacific to boost regional climate finance

At the COP26, the United Kingdom announced £274 million for a new Climate Action for a Resilient Asia (CARA) programme. This 7-year programme will deliver projects in areas known to strengthen the resilience of vulnerable communities, economies and the environment.

Press Release

Climate Finance Network explores Innovations and Impact Investments to fund climate response across Asia-Pacific

UNDP Asia and the Pacific’s CFN initiative which supports countries in their efforts to promote and scale climate finance innovations with assistance from Sweden and the United Kingdom, is convening a Regional Dialogue and Knowledge Exchange on Climate Finance in Bangkok on 3-5 October 2022.

Press Release

Resilience in the face of Climate Change

The Inception Workshop for the CFN project, held in Sri Lanka, discussed the nation's vulnerability to climate change and its economic impacts. Key speakers emphasized the need for substantial investment in green, inclusive growth and the importance of achieving climate resilience.

Press Release

Moving on to greener budgets: a guidance note on challenges and opportunities to refine public finance

As countries recover from COVID-19 pandemic shock, there are growing calls across societies to build forward better, greener and more inclusive, to accelerate the transition to net zero-carbon economies.

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