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In Pakistan, a multi-donor fund was set up to help finance priority investments in disaster risk management.
Countries need to build capacity and develop financial solutions for different climate risks, including those that can better address slow-onset events.
Several national and regional initiatives address the risks of loss and damage associated with climate change impacts.
Using resource-saving technology, new rice varieties, and intercropping of vegetables improve yields and income in Bangladesh, Cambodia, and Nepal.
Contingency finance is a risk retention approach for addressing loss and damage associated with climate change impacts.
Ecosystem-based adaptation solutions can reduce vulnerability and build resilience of urban areas to climate change.
With the help of digital technology, faster and larger amounts of aid can reach those affected by disasters.
Mainstream gender inclusion and climate resilience into infrastructure development to improve quality of life and meet sustainability goals.
The lack of a dedicated financial mechanism to address climate-related loss and damage underscores the need for innovative ways to address this funding gap.
Investments should seek to strengthen women’s capacities to anticipate, absorb, and adapt to the impacts of natural hazards and climate change and contribute to sustainable development.