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li.menu-25970.top-level a.active, ul#main-menu li.menu-25970.top-level a.hover, ul#main-menu li.menu-25970.top-level a.active-menu, ul#main-menu li.menu-25994.top-level a.active, ul#main-menu li.menu-25994.top-level a.hover, ul#main-menu li.menu-25994.top-level a.active-menu, ul#main-menu li.menu-23525.top-level a.active, ul#main-menu li.menu-23525.top-level a.hover, ul#main-menu li.menu-39043.top-level a.hover, ul#main-menu li.menu-39043.top-level a.active, ul#main-menu li.menu-39043.top-level a.active-menu, ul#main-menu li.menu-46805.top-level a.active, ul#main-menu li.menu-46805.top-level a.active-menu { background-color: #f2f2f2; } ul#main-menu li.menu-23304.top-level a.active, ul#main-menu li.menu-23304.top-level a.hover, ul#main-menu li.menu-23304.top-level a.active-menu, ul#main-menu li.menu-45709.top-level a.active, ul#main-menu li.menu-45709.top-level a.hover, ul#main-menu li.menu-45709.top-level a.active-menu, ul#main-menu li.menu-22773.top-level a.active, ul#main-menu li.menu-22773.top-level a.hover, ul#main-menu li.menu-22763.top-level a.active, ul#main-menu li.menu-22763.top-level a.hover, ul#main-menu li.menu-22781.top-level a.active, ul#main-menu li.menu-22781.top-level a.hover, ul#main-menu li.menu-22747.top-level a.active, ul#main-menu li.menu-22747.top-level a.hover, ul#main-menu li.menu-46805.top-level a.hover, { background-color: #f2f2f2; } .view-id-articles_by_property_view.view-display-id-page_1 .view-header { margin-bottom: 2rem; } .view-articles-by-property-view.view-id-articles_by_property_view.view-display-id-page_2 { margin-top: 5rem; margin-bottom: 5rem; } body.not-front .field-content.post-date { font-weight: 500; font-size: 1.2rem; line-height: 1.1666; color: #4d4c4c; letter-spacing: 0.77px; text-transform: uppercase; display: block; margin-top: 0; margin-bottom: 0.8rem; } body.node-type-article.og-context-node-61823 .node-article p, body.node-type-article.og-context-node-61823 .node-article li, body.node-type-article.og-context-node-62054 .node-article p, body.node-type-article.og-context-node-62054 .node-article li, body.node-type-article.og-context-node-62048 .node-article p, body.node-type-article.og-context-node-62048 .node-article li, body.node-type-article.og-context-node-62003 .node-article p, body.node-type-article.og-context-node-62003 .node-article li, body.node-type-article.og-context-node-62051 .node-article p, body.node-type-article.og-context-node-62051 .node-article li, body.node-type-article.og-context-node-62045 .node-article p, body.node-type-article.og-context-node-62045 .node-article li, body.property-type-9040 p, body.property-type-9040 li, body.property-type-8447 p, body.property-type-8447 li, body.property-type-8450 p, body.property-type-8450 li { font-size: 16px; line-height: 1.5; } body.og-context-node-62054 header#navbar .navbar-header .navbar-brand.navbar-brand-img, body.og-context-node-61823 header#navbar .navbar-header .navbar-brand.navbar-brand-img, body.og-context-node-62051 header#navbar .navbar-header .navbar-brand.navbar-brand-img, body.og-context-node-62003 header#navbar .navbar-header .navbar-brand.navbar-brand-img, body.og-context-node-62048 header#navbar .navbar-header .navbar-brand.navbar-brand-img { margin-right: 0; } body.og-context-node-102953 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-102950 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-102947 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-102932 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-102944 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-102941 header#navbar .navbar-header .navbar-brand.navbar-brand-img img { height: 71px; width: 77px; } body.og-context-node-62054 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-61823 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-62051 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-62003 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-62048 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-62045 header#navbar .navbar-header .navbar-brand.navbar-brand-img img { height: 75px; width: 85px; } body.og-context-node-97691 header#navbar .navbar-header .navbar-brand.navbar-brand-img, body.og-context-node-97693 header#navbar .navbar-header .navbar-brand.navbar-brand-img, body.og-context-node-97692 header#navbar .navbar-header .navbar-brand.navbar-brand-img, body.og-context-node-97694 header#navbar .navbar-header .navbar-brand.navbar-brand-img, body.og-context-node-97696 header#navbar .navbar-header .navbar-brand.navbar-brand-img, body.og-context-node-97697 header#navbar .navbar-header .navbar-brand.navbar-brand-img { margin: 0; } body.og-context-node-97691 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-97693 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-97692 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-97694 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-97696 header#navbar .navbar-header .navbar-brand.navbar-brand-img img, body.og-context-node-97697 header#navbar .navbar-header .navbar-brand.navbar-brand-img img { margin-top: -2px; width: 78px; height: 78px; } body.og-context-node-170924 header#navbar .navbar-header .navbar-brand.navbar-brand-img { margin: 0; } body.og-context-node-170924 header#navbar .navbar-header .navbar-brand.navbar-brand-img img { width: 84px !important; } .view-id-articles_by_property_view.view-display-id-page_1 #views-bootstrap-grid-1 .row > .col-xs-12.col-sm-6.col-md-4.col-lg-4, .view-id-articles_by_property_view.view-display-id-page_5 #views-bootstrap-grid-1 .row > .col-xs-12.col-sm-6.col-md-4.col-lg-4, .view-id-articles_by_property_view.view-display-id-page_9 #views-bootstrap-grid-1 .row > .col-xs-12.col-sm-6.col-md-4.col-lg-4, .view-id-articles_by_property_view.view-display-id-page_10 #views-bootstrap-grid-1 .row > .col-xs-12.col-sm-6.col-md-4.col-lg-4 { margin-bottom: 4rem; } .node-article .read-more-button { margin-bottom: 4rem; } .section.more-stories-by::after { border-top: none; } .view-articles-by-issue-with-podcast .views-field-php { margin-bottom: 4rem; } .og-context-node-54396.node-type-article ul.breadcrumb { display:none; } .og-context-node-54396 .footer-fluid, .page-isotope-articles .footer-fluid { margin-top: 4rem; } .view-property-slideshows-by-taxonomy .item { margin-bottom: 4rem; } .node-sidebar .node-sidebar-item { margin-top: 4rem; } .node-sidebar .node-sidebar-item:first-child { margin-top: 0; } body.node-type-page h1 { font-size:4rem; } .library_field { margin-top: 1rem; font-weight: 700; } .historical-note { font-size: 12px; } .small-view .views-field-title { width: 94%; } body.node-type-article .article-body ul { width: 90%; margin-left: auto; margin-right: auto; margin-top: 1em; list-style: inherit; } node-type-article .node-article .image-gallery-main-image .image-metadata, .node-article .article-body .image-metadata, .node-type-article .node-article > .image-metadata { margin-left: auto; margin-right: auto; } body.node-type-article .article-body ul li { list-style-image: inherit; list-style-type: inherit; margin-left: inherit; } body.property-type-11 .view-articles-by-property-view ul li { margin-top: 1rem; } body.node-type-file-object article ul { list-style: inherit; } body.node-type-file-object article ul li { list-style-image: inherit; list-style-type: inherit; margin-left: 2em; } /* body.property-type-14.node-type-property .property_home_page_section_articles_second {*/ body.page-node-81254 .property_home_page_section_articles.gray-bg .property_home_page_section_articles_second { display:none; } body.page-node-81254 .property_home_page_section_articles.gray-bg .property_home_page_section_articles_second { display:none; } /* body.page-node-81254 .property_home_page_section_articles.gray-bg .container { font-size: 0; } */ body.page-node-81254 .property_home_page_section_articles.gray-bg .container .property_home_page_section_articles_first { font-size: inherit; } body.front.i18n-fr .aan_image, body.front.i18n-es .aan_image, body.front.i18n-ru .aan_image, body.front.i18n-ar .aan_image, body.front.i18n-zh-hans .aan_image { display:none; } .page-node-81254.og-context-node-81254 .view-id-unorg_home_top_multiitem_nodequeue .unorg-home-hero { margin-bottom: 5rem; } /* dhl */ .og-context-node-74753 ul#main-menu ul.subnav li a, .og-context-node-74762 ul#main-menu ul.subnav li a { font-size:12px; } .og-context-node-74768 ul#main-menu ul.subnav li a, .og-context-node-74765 ul#main-menu ul.subnav li, .og-context-node-59110 ul#main-menu ul.subnav li, .og-context-node-59107 ul#main-menu ul.subnav li { font-size: 10px; } .og-context-node-74753 .node.node-page .content > .row > .col-sm-3, .og-context-node-74753.node-type-article section#block-system-main > .row > .col-sm-3, .og-context-node-74774 .node.node-page .content > .row > .col-sm-3, .og-context-node-74774.node-type-article section#block-system-main > .row > .col-sm-3, .og-context-node-74762 .node.node-page .content > .row > .col-sm-3, .og-context-node-74762.node-type-article section#block-system-main > .row > .col-sm-3, .og-context-node-74768 .node.node-page .content > .row > .col-sm-3, .og-context-node-74768.node-type-article section#block-system-main > .row > .col-sm-3, .og-context-node-74765 .node.node-page .content > .row > .col-sm-3, .og-context-node-74765.node-type-article section#block-system-main > .row > .col-sm-3 { border-left: solid 2px #ededed; } .og-context-node-74777 .node.node-page .content > .row > .col-sm-3, .og-context-node-74777.node-type-article section#block-system-main > .row > .col-sm-3 { border-right: solid 2px #ededed; } .og-context-node-74777 p { line-height: 1.75; } .og-context-node-74777 .node.node-page .content > .row > .col-sm-3 ul li { line-height: 1.75; } .og-context-node-74777 h1.page-header { font-size: 4rem; } .og-context-node-74753 .node.node-page .content > .row > .col-sm-9 a, .og-context-node-74777 .node.node-page .content > .row > .col-sm-9 a, .og-context-node-74774 .node.node-page .content > .row > .col-sm-9 a, .og-context-node-74762 .node.node-page .content > .row > .col-sm-9 a, .og-context-node-74768 .node.node-page .content > .row > .col-sm-9 a, .og-context-node-74765 .node.node-page .content > .row > .col-sm-9 a { border-bottom: dotted 0.1rem #333333; } .og-context-node-74753 .node.node-page .content > .row > .col-sm-9 h2, .og-context-node-74753 .node.node-page .content > .row > .col-sm-9 h3, .og-context-node-74777 .node.node-page .content > .row > .col-sm-9 h2, .og-context-node-74777 .node.node-page .content > .row > .col-sm-9 h3, .og-context-node-74774 .node.node-page .content > .row > .col-sm-9 h2, .og-context-node-74774 .node.node-page .content > .row > .col-sm-9 h3, .og-context-node-74762 .node.node-page .content > .row > .col-sm-9 h2, .og-context-node-74762 .node.node-page .content > .row > .col-sm-9 h3, .og-context-node-74768 .node.node-page .content > .row > .col-sm-9 h2, .og-context-node-74768 .node.node-page .content > .row > .col-sm-9 h3, .og-context-node-74765 .node.node-page .content > .row > .col-sm-9 h2, .og-context-node-74765 .node.node-page .content > .row > .col-sm-9 h3 { margin-top: 4rem; } .og-context-node-74768 ul#main-menu ul.subnav li, .og-context-node-74765 ul#main-menu ul.subnav li, .og-context-node-74762 ul#main-menu ul.subnav li, .og-context-node-74753 ul#main-menu ul.subnav li, .og-context-node-74774 ul#main-menu ul.subnav li, .og-context-node-74777 ul#main-menu ul.subnav li, ul#main-menu ul.subnav li { white-space: nowrap; overflow-x: auto; overflow-y: hidden; padding: 3px; } .og-context-node-74768 ul#main-menu ul.subnav li a, .og-context-node-74765 ul#main-menu ul.subnav li a, .og-context-node-74762 ul#main-menu ul.subnav li a, .og-context-node-74753 ul#main-menu ul.subnav li a { font-size: 12px; } .node-sidebar-item-body ul { list-style: inherit; } .node-sidebar-item-body ul li { list-style-image: inherit; list-style-type: inherit; margin-left: 15px; } body.i18n-zh-hans.og-context-node-74774, body.i18n-zh-hans.og-context-node-74774 p { font-size: 1.61rem; line-height: 1.61; } body.i18n-zh-hans.og-context-node-74774 h3 { font-size: 2.8rem; line-height: 1.34; } body.i18n-zh-hans.og-context-node-74774 .home-footer h4 { font-size: 2.3rem; line-height: 1.265; } .not-front .home-footer .footer-fluid .footer.container.dark ul li::before { content: ""; } /* /dhl */ body.article-type-7 .node-sidebar .field-name-body.field-type-text-with-summary.field-label-above .field-label { display: none; } /* .page-calendar-by-property .feed-icon img { width: inherit; } */ .feed-icon img { width: inherit; } li.top-level ul.subnav-active-menu { z-index:10; } body.node-type-file-object article .field-name-field-image.field-type-image img { width: inherit; } .node-type-property .un-facts-heading h4.un-facts { font-size: 2.2rem; color: white; letter-spacing: 0.5px; line-height: 1.1818; text-align: left; text-shadow: 0 0 0.1rem rgba(0, 0, 0, 0.5); padding: 0.2rem 0 0.4rem 1.7rem; border-left: solid 0.5rem rgba(255, 255, 255, 0.3); } .node-type-property .un-facts-heading h4.un-facts a { color: white; } .property-type-14 .unorg-home-5x4.third-story { margin-top: 3rem; } .property-type-14 .property_home_page_section_articles.gray-bg { background-color: inherit; } .property-type-14 .property_home_page_section_articles.gray-bg .container { background-color: #f2f2f2 !important; padding-bottom: 4rem; } .og-context-node-98731.node-type-page #block-system-main img{ width: inherit; } /* .view-articles-by-property-view .row h3 { margin-bottom: 4rem; } */ body.page-articles-by-property-local-category .view-articles-by-property-view .row .col-xs-12.col-sm-6.col-md-4.col-lg-4 { margin-bottom: 4rem; } .page-node-106961 #toggle-play, .page-node-106961 #toggle-pause { bottom: 180px; } .view-dhl.view-display-id-page .views-widget-filter-data_1 { display: none; } .view-un-org-home-news-row.view-id-un_org_home_news_row.view-display-id-block_2 p, .view-unorg-home-top-multiitem-nodequeue.view-display-id-block_1 p, .view-unorg-home-top-multiitem-nodequeue.view-display-id-block_5 p { font-size: 14px; } .un-org-home-news-row-block-2 { margin-top: 4rem; } body.not-front.i18n-ar div.category { letter-spacing: inherit; text-transform: inherit; } body.node-type-book .book-toc { display: none; } .calendar-calendar .month-view .full td.single-day div.monthview { background: inherit; } .i18n-ar .calendar-calendar .month-view .full td.multi-day .calendar.monthview .contents, .i18n-ar .calendar-calendar .week-view .full td.multi-day .calendar.weekview .contents { right: 0; left: 5px; } .navbar-full.navbar { background-color: #4d4d4d; padding: 0; height: 34px; box-shadow: 0 2px 5px 0 rgb(0 0 0 / 30%); margin-bottom: 0; z-index: 99; } body.node-type-page .field-name-body ol, body.not-front .views-field-body ol { list-style-type: decimal; } ol.blue-list li::marker { color: #009edb; font-weight: bold; font-size: 20px; } body.node-type-page .field-name-body ol li, body.not-front .views-field-body ol li { margin-left: 2rem; } .view-event-flat-calendar-by-property.view-display-id-page h3 { clear: both; padding:0.5em 0; } .view-event-flat-calendar-by-property.view-display-id-page .views-field.views-field-field-event-date-1 { float: left; margin-right: 50px; } .view-event-flat-calendar-by-property.view-display-id-page .views-field.views-field-title { clear: both; display: inline; } .view-event-flat-calendar-by-property.view-display-id-page .views-row { clear: both; margin-bottom: 1rem; } .view-event-flat-calendar-by-property.view-display-id-page .views-row a { border-bottom: dotted 0.1rem #333333; } .full_observances_list { text-align: right; } .i18n-ar .full_observances_list { text-align: left; } .full_observances_list a::after { font-family: FontAwesome; margin-left: 3px; color: #00a1d9; content: "\f101"; line-height: 1; font-style: normal; font-weight: normal; -webkit-font-smoothing: antialiased; } .i18n-ar .full_observances_list a::after { margin-right: 3px; content: "\f100"; } .page-node-132204 .property_home_page_section.gray-bg { background-color: #ffffff !important; } .page-node-132204 .property_home_page_section.gray-bg .container { background-color: #f2f2f2 !important; padding-top: 4rem; padding-bottom: 4rem; } body.page-node-132204.property-type-14.node-type-property .property_home_page_section.gray-bg { padding-top: inherit; padding-bottom: inherit; } .i18n-ar .front-wrapper header#navbar .navbar-header .navbar-brand { font-size: 2.1rem; margin-top: 0.5rem; line-height: 1.6; } .node-type-book.og-context-node-40059 ul { list-style: inherit; } .node-type-book.og-context-node-40059 ul li { list-style-image: inherit; list-style-type: inherit; margin-left: 2em; } ul#main-menu li.menu-33990.top-level a, ul#main-menu li.menu-45720.top-level a, ul#main-menu li.menu-45912.top-level a, ul#main-menu li.menu-46218.top-level a, ul#main-menu li.menu-46227.top-level a, ul#main-menu li.menu-46154.top-level a, ul#main-menu li.menu-46228.top-level a { background-color: #009edb; } ul#main-menu li.menu-33990.top-level a.active, ul#main-menu li.menu-33990.top-level a:hover, ul#main-menu li.menu-33990.top-level a.active-menu, ul#main-menu li.menu-45720.top-level a.active, ul#main-menu li.menu-45720.top-level a:hover, ul#main-menu li.menu-45720.top-level a.active-menu, ul#main-menu li.menu-45912.top-level a.active, ul#main-menu li.menu-45912.top-level a:hover, ul#main-menu li.menu-45912.top-level a.active-menu, ul#main-menu li.menu-46218.top-level a.active, ul#main-menu li.menu-46218.top-level a:hover, ul#main-menu li.menu-46218.top-level a.active-menu, ul#main-menu li.menu-46227.top-level a.active, ul#main-menu li.menu-46227.top-level a:hover, ul#main-menu li.menu-46227.top-level a.active-menu, ul#main-menu li.menu-46154.top-level a.active, ul#main-menu li.menu-46154.top-level a:hover, ul#main-menu li.menu-46154.top-level a.active-menu, ul#main-menu li.menu-46228.top-level a.active, ul#main-menu li.menu-46228.top-level a:hover, ul#main-menu li.menu-46228.top-level a.active-menu { background: #f2f2f2; color: black; } body.node-type-article #toggle-play, body.node-type-article #toggle-pause { bottom: 150px; } @media only screen and (max-width: 1000px) { .view-event-flat-calendar-by-property.view-display-id-page .views-field.views-field-title { clear: both; width: 500px !important; float: right; display: block; } .view-event-flat-calendar-by-property.view-display-id-page .views-field.views-field-field-event-date-1 { float: left; margin-right: 0px; } } @media only screen and (max-width: 720px) { .view-event-flat-calendar-by-property.view-display-id-page .views-field.views-field-title { width: 360px !important; } } @media only screen and (max-width: 400px) { .view-event-flat-calendar-by-property.view-display-id-page .views-field.views-field-title { width: 200px !important; } } @media (max-width: 768px) { body.front #live_now_button { display: block; float: left !important; } body.front.i18n-ar #live_now_button { float: right !important; } header#navbar .navbar-header .navbar-btn::after { border-right: 0; } body.not-front header#navbar .navbar-header .navbar-brand.navbar-brand-img img { height: 40px; width: 89px; } body.not-front .navbar-header .navbar-brand-img-subtitle-1, body.not-front .navbar-header .navbar-brand-img-subtitle-2 { margin-top: 60px; padding: 0; } body.i18n-ar li.top-level ul.subnav-active, body.i18n-ar li.top-level ul.subnav-active-menu { padding: 0; position: inherit; } body.i18n-ar ul#main-menu ul.subnav li { padding-bottom: 10px; padding-top: 10px; padding-right: 2em; background-color: #ffffff; float: none; border-bottom: #f2f2f2 solid 1px; } body.i18n-ar ul#main-menu ul.subnav li a { background-color: #ffffff; padding: 0; } body.page-desa-products .table-responsive table.table { font-size: 8px; } body.page-desa-products .table-responsive > .table > tbody > tr > td { white-space: inherit; } } @media (min-width: 992px) { body.node-type-article .article-body ul { width: 55%; } body.node-type-article .node-article .image-gallery-main-image .image-metadata, .node-article .article-body .image-metadata, .node-type-article .node-article > .image-metadata { width: 55%; } } /*Ocean 2022 logo*/ /* body.property-type-8453 header#navbar .navbar-header .navbar-brand.navbar-brand-img img { width: 261px !important; height: 79px !important; margin-top: 0; } @media (max-width: 768px) { body.property-type-8453 header#navbar 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class="col-sm-12"> <section> <div class="banner_alert"> <div class="view view-banner-by-property view-id-banner_by_property view-display-id-block view-dom-id-7ea3b2bfa374e2be12ac426b2577f8d1"> </div> </div> <a id="main-content"></a>  <section class="region region-content"> <section id="block-system-main" class="block block-system clearfix"> <div id="node-138865" class="node node-article clearfix" about="/en/climatechange/why-finance-climate-action" typeof="sioc:Item foaf:Document"> <div class="field-name-field-image"><img src="https://www.un.org/sites/un2.un.org/files/styles/large-article-image-style-16-9/public/field/image/finance-climate-action.jpg" alt="climate finance"/></div> <div class="image-metadata"><span class="image-caption">A livable climate is the best investment. </span></div> <div class="category">A livable climate is the best investment</div> <h1 class="text-center">Why finance climate action?</h1> <div class="content"> <div class="article-body"> <div class="article-created"> 07 July 2021 </div> <p>In the end, it’s simple. Without investing in the right places, the world will not achieve its climate goals. It will shoot past a global temperature rise of 1.5 degrees Celsius, leading to increased climate impacts that will threaten the health, jobs and well-being of people everywhere.</p> <p>Climate action requires significant financial investments, such as in new energy systems and infrastructure that can withstand climate change impacts. But climate inaction is vastly more expensive.</p> <p>All countries need to reduce their emissions and adapt to climate change. But many developing countries lack the resources and the technology to do so. That’s why all countries agreed that industrialized nations with money and technological know-how must step up and increase their financial support for climate action in developing countries, particularly the poorest and most vulnerable. International cooperation is essential for tackling climate change.</p> <p><strong>Just the basics: What is climate finance?</strong></p> <p>Climate finance helps countries reduce greenhouse gas emissions such as by funding renewable power like wind or solar. It also helps communities adapt to climate change impacts. Introducing climate resilient seeds, for instance, means farmers, despite droughts and other extreme weather, keep producing food and earning income.</p> <p>Public finance provided through governments (and by taxpayers) is essential to finance action where private finance is not yet available or that would not normally attract private finance. Public finance is often used for investments that contribute to a public good, such as by reinforcing the banks of a river so it does not flood neighbouring communities. Sometimes, public finance encourages private finance from businesses by “nudging” firms to enter and create markets for new products, like building supplies made of recycled materials.</p> <p>Private finance also has an important role. In addition to investments in projects vital to the new green economy, such as renewable power plants or electric cars, private finance needs to be aligned with climate goals. This means that an investor such as a pension fund would choose, for instance, to purchase stock in companies producing clean renewable energy instead of carbon-intensive fossil fuels.</p> <p>Since we have a lot to do on climate and a short time to do it, we have to start now by keeping past promises. In the <a href="https://www.un.org/en/climatechange/paris-agreement">Paris Agreement</a>, wealthier countries committed to providing developing countries with at least $100 billion a year by 2020 for climate mitigation and adaptation. They also agreed to significantly increase adaptation finance. While progress has been made on both goals, it still falls short. Not realizing these commitments before the Glasgow climate talks at the end of 2021 could seriously undercut global momentum on climate with consequences for everyone. For a longer overview, see our <a href="https://www.un.org/en/climatechange/raising-ambition/climate-finance">Financing Climate Action</a> page.</p> <p><strong>Show me the value…</strong></p> <p>Does climate finance make a difference? A growing body of experience and evidence says yes. Here’s just a few examples.</p> <p><a href="https://undp-climate.exposure.co/nepal-scaling-mountains"><strong>Nepal</strong>, a less developed country, has drawn on international finance </a>to improve disaster preparedness, scale-up climate smart agriculture, pioneer ecosystem-based solutions through community forest restoration and set goals for carbon-neutral tourist destinations by 2030. It’s also been internationally recognized for better managing resources to finance climate action.</p> <div class="field-name-field-image"><img alt="A UNDP programme in Nepal promoting rural energy for rural livelihoods has implemented off-grid clean energy solutions such as the expansion of solar and hydro." class="img-responsive" src="https://www.un.org/sites/un2.un.org/files/scaling-mountains.jpg" style="height: 477px; width: 716px;" title="A UNDP programme in Nepal promoting rural energy for rural livelihoods has implemented off-grid clean energy solutions such as the expansion of solar and hydro."></div> <div class="image-metadata"><span class="image-caption">A UNDP programme in Nepal promoting rural energy for rural livelihoods has implemented off-grid clean energy solutions such as the expansion of solar and hydro.</span></div> <p><a href="https://www.climateinvestmentfunds.org/news/accelerating-green-growth-solar-power-and-renewables-cambodia"><strong>Cambodia </strong>developed solar energy and reduced electricity costs by two-thirds</a> while jumpstarting a transformation away from longstanding dependence on coal and hydroelectric power.</p> <p>As a global first, <a href="https://www.climateinvestmentfunds.org/news/world-first-new-financial-model-drives-chile%E2%80%99s-decarbonization"><strong>Chile </strong>is putting a monetary value on greenhouse gas emissions avoided by decarbonization</a>. If a company closes a coal plant, for instance, it would earn financial benefits for developing renewable energy. A first disbursement of $125 million promises to cut 1.2 million tons of carbon dioxide and help Chile reach ambitious climate goals.</p> <p><a href="https://undp-climate.exposure.co/fighting-for-survival">Four<strong> small island developing States</strong> are using climate finance to fight for survival</a>, through critical steps such as building sea walls and renewable energy installments, conserving forests, securing water supplies and minimizing waste.</p> <div class="field-name-field-image"><img alt="A farmer in Jamaica tests the communal water from this storage tank to make sure it's fit for use." class="img-responsive" src="https://www.un.org/sites/un2.un.org/files/fighting-for-survival.jpg" style="height: 478px; width: 716px;" title="A farmer in Jamaica tests the communal water from this storage tank to make sure it's fit for use."></div> <div class="image-metadata"><span class="image-caption">A farmer in Jamaica tests the communal water from this storage tank to make sure it's fit for use.</span></div> <p><a href="https://undp-climate.exposure.co/gcf-egypt"><strong>Egypt</strong> is protecting its Nile Delta</a>, home to a quarter of its population and half its economic activity in agriculture, industry and fisheries, from sea-level rise, extreme weather and other climate fallout.</p> <div class="field-name-field-image"><img alt="Protective measures are being deployed along the coast of the Nile Delta in Egypt." class="img-responsive" src="https://www.un.org/sites/un2.un.org/files/protect-the-coast.jpg" style="height: 477px; width: 716px;" title="Protective measures are being deployed along the coast of the Nile Delta in Egypt."></div> <div class="image-metadata"><span class="image-caption">Protective measures are being deployed along the coast of the Nile Delta in Egypt.</span></div> <p>Climate impacts from droughts, floods and locust swarms have reached crisis proportions in already desperately poor areas of <strong>Somaliland</strong>, yet with climate finance, <a href="https://undp-climate.exposure.co/cca-somalia-gef">dams and water points have improved food security and hygiene, and sustained livelihoods</a>.</p> <p>In <strong>Zambia</strong>, where drought blisters rural areas and crops no longer grow as they used to, climate finance is backing goat-rearing as a whole new sector of the agricultural economy, benefiting mostly <a href="https://www.greenclimate.fund/story/freeing-zambian-women-climate-charged-poverty-spiral">women in adapting their livelihoods</a>.</p> <p>Wondering about the future of jobs and the just transition? Read the story of Ruslan Mametov, an electrician who <a href="https://www.climateinvestmentfunds.org/news/sparking-clean-energy-revolution">left a long career in fossil fuels</a> to work at <strong>Kazakhstan’s</strong> first and largest solar power facility, developed with an injection of international finance.</p> <div class="field-name-field-image"><img alt="After leaving a long career in fossil fuels, solar technician Ruslan Mametov is proud to work at Burnoye Solar, Kazakhstan’s first and largest solar power facility." class="img-responsive" src="https://www.un.org/sites/un2.un.org/files/kazakhstan-engineer.jpg" style="height: 403px; width: 716px;" title="After leaving a long career in fossil fuels, solar technician Ruslan Mametov is proud to work at Burnoye Solar, Kazakhstan’s first and largest solar power facility."></div> <div class="image-metadata"><span class="image-caption">After leaving a long career in fossil fuels, solar technician Ruslan Mametov is proud to work at Burnoye Solar, Kazakhstan’s first and largest solar power facility.</span></div> <p>Globally, finance for the <a href="https://www.undp.org/climate-promise">Climate Promise</a> supports 118 countries to plan more ambitious actions on climate under the Nationally Determined Contributions stipulated by the Paris Agreement.</p> <p>For more about private finance, see what’s happening in the <a href="https://www.un.org/en/climate-action/insurers-can-underwrite-climate-solutions">insurance industry</a> and among <a href="https://www.un.org/en/climatechange/biggest-financial-players-back-net-zero">financial firms</a>. A comprehensive overview of mobilizing private sector finance to accelerate the transition to low-carbon economies is at <a href="https://www.unepfi.org/climate-change/climate-change/">UNEP FI</a>.</p> <p><strong>Explore the issues</strong></p> <p>An independent expert report published by the United Nations recently tracked where the money has to come from to meet climate goals. Read a <a href="https://www.un.org/sites/un2.un.org/files/climate_finance_report.pdf">summary</a> or the <a href="https://www.un.org/sites/un2.un.org/files/2020/12/100_billion_climate_finance_report.pdf">full report</a>.</p> <p>For a brief background on how finance has evolved in international climate talks, see the <a href="https://unfccc.int/topics/climate-finance/the-big-picture/climate-finance-in-the-negotiations">UNFCCC</a> overview. A UN explainer sums up <a href="http://news.un.org/en/story/2021/06/1094762/">challenges and opportunities</a>.</p> <p>Want some quick numbers? See our Climate Action Fast Facts on the <a href="https://www.un.org/sites/un2.un.org/files/fastfacts_economy.pdf">economy</a> and <a href="https://www.un.org/sites/un2.un.org/files/fastfacts_finance.pdf">finance</a>.</p> <div class="field-name-field-image"><img alt="Mangrove seedlings are planted in an estuary in Bali to help fight erosion." class="img-responsive" src="https://www.un.org/sites/un2.un.org/files/climate-finance-challenge.png" style="height: 416px; width: 716px;" title="Mangrove seedlings are planted in an estuary in Bali to help fight erosion."></div> <div class="image-metadata"><span class="image-caption">Mangrove seedlings are planted in an estuary in Bali to help fight erosion.</span></div> <p><strong>Wonk out on some new ideas</strong></p> <p>Read interviews with <a href="https://www.un.org/en/climatechange/mark-carney-investing-net-zero-climate-solutions-creates-value-and-rewards">Mark Carney</a>, UN Special Envoy on Climate Action and Finance, and <a href="https://www.un.org/en/climatechange/mafalda-duarte-capital-is-not-the-problem">Mafalda Duarte</a>, CEO of the Climate Investment Funds, and for the blue economy, <a href="https://www.un.org/en/climatechange/peter-thomson-sustainable-blue-economy">Peter Thomson</a>, UN Special Envoy for the Ocean.</p> <p>Ponder perspectives on <a href="https://www.un.org/en/climatechange/vladislav-kaim-make-a-deal-on-debt">finance and debt</a> from a member of the Secretary-General’s Youth Advisory Group.</p> <p>Delve into a <a href="https://www.iea.org/events/financing-clean-energy-transitions-in-emerging-and-developing-economies?utm_content=buffer92e81&utm_medium=social&utm_source=twitter-ieabirol&utm_campaign=buffer">new report</a> on how to unblock obstacles in financing the often lengthy and complex transition to clean renewable energy.</p> <p>See how climate finance adds up by <a href="https://www.climateinvestmentfunds.org/news/social-and-economic-development-impacts-climate-finance-what-we%E2%80%99ve-learned-so-far">tracking the social and economic impacts</a>.</p> <p>Take a <a href="https://www.undp.org/blogs/islamic-finances-answer-sdgs-and-climate-change">quick look</a> at novel approaches like Islamic green finance. And check the <a href="https://www.climatefinancelab.org/">Global Innovation Lab for Climate Finance</a>.</p> <div class="field-name-field-image"><img alt="Kenya is developing a new source of renewable energy at the Menengai Geothermal Project." class="img-responsive" src="https://www.un.org/sites/un2.un.org/files/field/image/menangai-geothermal-field-development-in-kenya.jpg" title="Kenya is developing a new source of renewable energy at the Menengai Geothermal Project."></div> <div class="image-metadata"><span class="image-caption">Kenya is developing a new source of renewable energy at the Menengai Geothermal Project.</span></div>   </div> <div class="section more-stories-by"><h2></h2></div> <div class="view view-property-articles-by-og view-id-property_articles_by_og view-display-id-block_2 view-dom-id-07bb883c3b6baf7c91f85f212a0dc541"> <div class="view-content"> <div id="views-bootstrap-grid-1" class="views-bootstrap-grid-plugin-style"> <div class="row"> <div class=" col-xs-12 col-sm-12 col-md-4 col-lg-4"> <div class="views-field views-field-field-image"> <div class="field-content"><a href="/en/climatechange/all-about-ndcs"><img typeof="foaf:Image" class="img-responsive" src="https://www.un.org/sites/un2.un.org/files/styles/large-article-image-style-16-9/public/planit_fortheplanet.jpg" alt="Photocomposition: the earth globe in the background, and a hand holding a pen, signing a paper, in the front" title="All About the NDCs" /></a></div> </div> <div> <div class="category"></div> </div> <div> <h3><a href="/en/climatechange/all-about-ndcs">All About the NDCs</a></h3> </div> <div> <div class="summary"><p>Nationally Determined Contributions, or NDCs, are national climate action plans by each country under the <a href="https://www.un.org/en/climatechange/paris-agreement">Paris Agreement</a>. A country's NDC outlines how it plans to reduce greenhouse gas emissions to help meet the global goal of limiting temperature rise to 1.5C and adapt to the impacts of climate change. The Paris Agreement requires that NDCs are updated every five years with increasingly higher ambition, taking into consideration each country’s capacity.</p> </div> </div> </div> <div class=" col-xs-12 col-sm-12 col-md-4 col-lg-4"> <div class="views-field views-field-field-image"> <div class="field-content"><a href="/en/climatechange/time-rethink-%E2%80%98outdated-and-ineffective%E2%80%99-international-financial-architecture"><img typeof="foaf:Image" class="img-responsive" src="https://www.un.org/sites/un2.un.org/files/styles/large-article-image-style-16-9/public/field/image/2024/09/rethink-outdated-ineffective-international-financing.jpg" alt="Two boys playing on a narrow bridge over a gully of trash outside thier home" /></a></div> </div> <div> <div class="category"></div> </div> <div> <h3><a href="/en/climatechange/time-rethink-%E2%80%98outdated-and-ineffective%E2%80%99-international-financial-architecture">Time to rethink ‘outdated and ineffective’ international financial architecture</a></h3> </div> <div> <div class="summary"><p>Some of the world’s poorest countries spend more on debt repayments than on health, education and infrastructure combined, severely hampering their chances of developing their economies. At the Summit of the Future, reducing inequality and improving people’s lives by overhauling the entire international financial system will be high on the agenda.</p> </div> </div> </div> <div class=" col-xs-12 col-sm-12 col-md-4 col-lg-4"> <div class="views-field views-field-field-image"> <div class="field-content"><a href="/en/climatechange/aligning-ai-and-climate-governance"><img typeof="foaf:Image" class="img-responsive" src="https://www.un.org/sites/un2.un.org/files/styles/large-article-image-style-16-9/public/field/image/2024/09/china-based-investors-ai-patents.jpg" alt="Graphic of a human brain extended with electrical connections" /></a></div> </div> <div> <div class="category"></div> </div> <div> <h3><a href="/en/climatechange/aligning-ai-and-climate-governance">Aligning AI and climate governance</a></h3> </div> <div> <div class="summary"><p>Can AI governance be harnessed to combat climate change? Read about emerging global policies and their potential for climate action in this piece by the United Nations University.</p> </div> </div> </div> <div class="clearfix visible-md-block"></div> <div class="clearfix visible-lg-block"></div> </div> </div> </div> </div> </div> </div> </section> </section> </section> </div> </div> <div class="row"> <div id="sharing_widget" class="col-sm-12 bottommargin">  <div class="a2a_kit a2a_kit_size_32 a2a_default_style"> <a class="a2a_dd" href="https://www.addtoany.com/share"></a> <a class="a2a_button_facebook"></a> <a class="a2a_button_x"></a> <a class="a2a_button_email"></a> <a class="a2a_button_whatsapp"></a> </div> <script async src="https://static.addtoany.com/menu/page.js"></script>  </div> </div> </div>  <div class="section section-fluid home-footer gray-bg"> <div class="container"> <div class="row topmargin"> <div class="divider"></div> </div> <div class="row"><div class="col-md-3"> <section class="region region-footer-1"> <div class="block block-menu"> <h4 class="font-bold">Facts and figures</h4> <ul class="menu nav"> <li class="leaf"> <a href="https://www.un.org/en/climatechange/what-is-climate-change">What is climate change?</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/causes-effects-climate-change">Causes and effects </a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/mythbusters">Myth busters</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/reports">Reports</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/key-findings">Fast facts</a> </li> </ul> </div> </section></div><div class="col-md-3"> <section class="region region-footer-1"> <div class="block block-menu"> <h4 class="font-bold">Cutting emissions</h4> <ul class="menu nav"> <li class="leaf"> <a href="https://www.un.org/en/climatechange/net-zero-coalition">Explaining net zero </a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/high-level-expert-group">High-level expert group on net zero</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/implementing-high-level-expert-group-report">Checklists for credibility of net-zero pledges</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/greenwashing">Greenwashing</a> </li> <li class="leaf"> <a href="https://www.un.org/en/actnow/ten-actions">What you can do </a> </li> </ul> </div> </section></div><div class="col-md-3"> <section class="region region-footer-1"> <div class="block block-menu"> <h4 class="font-bold">Clean energy</h4> <ul class="menu nav"> <li class="leaf"> <a href="https://www.un.org/en/climatechange/raising-ambition/renewable-energy">Renewable energy – key to a safer future</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/what-is-renewable-energy">What is renewable energy</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/raising-ambition/renewable-energy-transition">Five ways to speed up the energy transition </a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/raising-ambition/why-invest-renewable-energy">Why invest in renewable energy</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/how-communities-are-embracing-renewable-energy">Clean energy stories </a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/sharan-burrow-shared-prosperity">A just transition </a> </li> </ul> </div> </section></div><div class="col-md-3"> <section class="region region-footer-1"> <div class="block block-menu"> <h4 class="font-bold">Adapting to climate change</h4> <ul class="menu nav"> <li class="leaf"> <a href="https://www.un.org/en/climatechange/climate-adaptation">Climate adaptation</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/early-warnings-for-all">Early warnings for all</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/voices-of-change">Youth voices</a> </li> </ul> </div> </section></div> </div> <div class="row"><div class="col-md-3"> <section class="region region-footer-1"> <div class="block block-menu"> <h4 class="font-bold">Financing climate action</h4> <ul class="menu nav"> <li class="leaf"> <a href="https://www.un.org/en/climatechange/raising-ambition/climate-finance">Finance and justice</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/adelle-thomas-loss-and-damage">Loss and damage </a> </li> <li class="leaf"> <a href="https://www.un.org/sites/un2.un.org/files/climate_finance_report.pdf" class="pdf-link">$100 billion commitment </a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/why-finance-climate-action">Why finance climate action</a> </li> </ul> </div> </section></div><div class="col-md-3"> <section class="region region-footer-1"> <div class="block block-menu"> <h4 class="font-bold">Explainers</h4> <ul class="menu nav"> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/health">Health </a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/food">Food</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/biodiversity">Biodiversity</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/ocean">Ocean</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/water">Water</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/land">Land</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/greenwashing">Greenwashing</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/human-security">Human Security </a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/women">Women</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/science/climate-issues/degrees-matter">1.5°C</a> </li> </ul> </div> </section></div><div class="col-md-3"> <section class="region region-footer-1"> <div class="block block-menu"> <h4 class="font-bold">International cooperation</h4> <ul class="menu nav"> <li class="leaf"> <a href="https://www.un.org/en/climatechange/paris-agreement">Paris Agreement</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/all-about-ndcs">What are Nationally Determined Contributions</a> </li> <li class="leaf"> <a href="https://www.un.org/sites/un2.un.org/files/un_sgs_acceleration_agenda.pdf" class="pdf-link">Acceleration Agenda</a> </li> <li class="leaf"> <a href="https://www.un.org/climatechange/climate-ambition-summit">Climate Ambition Summit</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/cop29">COP29</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/un-climate-conferences">Climate conferences (COPs)</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/youth-in-action/youth-advisory-group">Youth Advisory Group</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/climate-action-coalitions">Action initiatives </a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/17-goals-to-transform-our-world">Sustainable Development Goals</a> </li> </ul> </div> </section></div><div class="col-md-3"> <section class="region region-footer-1"> <div class="block block-menu"> <h4 class="font-bold">Resources</h4> <ul class="menu nav"> <li class="leaf"> <a href="https://www.un.org/en/climatechange/speeches">Secretary-General’s speeches</a> </li> <li class="leaf"> <a href="https://www.un.org/en/climatechange/press-materials">Press material</a> </li> <li class="leaf"> <a 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