World Bank Group

North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy

Skopje, October 7, 2024 – North Macedonia could face economic damages of up to 4 percent of its gross domestic product (GDP) by 2050 due to the impact of changing climate, highlights the World Bank Group’s new Country Climate and Development Report (CCDR) for North Macedonia launched in Skopje today. According to the report, North Macedonia needs to invest US$6.4 billion over the next decade to effectively protect people and … Continue reading North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy

winter sports

FIS and WMO partnership highlights the harmful effects of climate change on winter sports and tourism

03 October 2024 The International Ski and Snowboard Federation (FIS) and the World Meteorological Organization (WMO) have announced a new partnership to raise awareness of the fact that winter sports and tourism face a bleak future because of climate change. Key messages A new Memorandum of Understanding commits the organizations to work together to highlight the far-reaching impacts of rising global temperatures on snow and … Continue reading FIS and WMO partnership highlights the harmful effects of climate change on winter sports and tourism

Rare

Rare Raises US$6 Million in Outcome Funding to Launch World’s First Small-Scale Fisheries Impact Bond

September 24, 2024 – Press Release (New York City) Rare announced today that it has raised US$6 million to launch a first-of-its-kind Small-Scale Fisheries (SSF) Impact Bond (Bond), the world’s first such bond specifically designed to channel private, public, and philanthropic capital to the small-scale fisheries sector. The Bond, first unveiled at COP28 in Dubai, will finance community-led co-management of small-scale fisheries, a proven pathway to meeting the needs … Continue reading Rare Raises US$6 Million in Outcome Funding to Launch World’s First Small-Scale Fisheries Impact Bond

'Pact for the Future'

The UN’s Newly Signed ‘Pact for the Future’ Echoes Kamel Ghribi’s Common Good Vision and Need for Equal Access to Healthcare

October 04, 2024 (Impact Newswire) – Over the weekend, the United Nations took a significant step towards addressing the pressing challenges of global inequality and climate change by signing the “Pact for the Future” during the 79th General Assembly in New York. This historic agreement aims to create a more sustainable and equitable world by addressing healthcare, education, economic stability, and environmental protection issues. Endorsed … Continue reading The UN’s Newly Signed ‘Pact for the Future’ Echoes Kamel Ghribi’s Common Good Vision and Need for Equal Access to Healthcare

Climate policy initiative

The Lab’s 10th cohort presents over USD 490 million in climate investment opportunities

New York, 3 October 2024 – The Global Innovation Lab for Climate Finance (the Lab) gathered last week in New York to endorse its 2024 class of innovative climate finance solutions. The class features 10 ideas across five regional programs and three thematic streams. The combined investment opportunities in this class total USD 490.5 million, targeting philanthropic, public, and private investors. Pilot projects are planned in various countries, … Continue reading The Lab’s 10th cohort presents over USD 490 million in climate investment opportunities