Funds for cli­mate change

Southasia - - BRIEFINGS -

The Euro­pean Union will re­lease an ad­di­tional €4mil­lion to ad­dress cli­mate change in the Mal­dives, bring­ing the or­ga­ni­za­tion’s over­all con­tri­bu­tion to €38mil­lion over the past four years. With the grant of €6.5 mil­lion to the Cli­mate Change Trust Fund in 2009, the EU be­came the first body to give funds to the scheme in­tended to as­sist the Mal­dives to be­come car­bon neu­tral by 2020. In a re­cent re­port ti­tled ‘Turn Down The Heat’, the World Bank has re­asserted the ur­gent need for con­certed ef­forts to sup­port the Mal­dives in adapt­ing to cli­mate change, due to a pro­jected sea level rise of 115 cen­time­ters by 2090.

The new EU funds will go to­wards repli­cat­ing pre­vi­ous projects with a par­tic­u­lar fo­cus on the coun­try’s two south­ern­most atolls – Addu and Fu­vah­mu­lah – which will also re­ceive ca­pac­ity-build­ing as­sis­tance for lo­cal gov­ern­ment struc­tures.

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