UK saves £163 m due to reducing energy consumption last year
The UK saved over £163 million last year due to reduced overall energy consumption across ...
Belgium extends € 3 m grant to help UNEP address climate crisis
Belgium has provided a 3-million-euro grant to help the United Nations Environment Program (UNEP) address the climate crisis.
The funding will in part support UNEP’s efforts to help countries adapt to droughts, rising seas and the other ripple effects of climate change.
The grant comes with the world struggling to reach the goals of the Paris Agreement. Global temperatures risk increasing 2.8°C by the end of the century, a total that could trigger catastrophic changes to the Earth’s delicate climate systems.
The financing from Belgium is for UNEP’s Climate Stability Fund, which supports the organization’s work on the climate crisis.
The funding will further UNEP’s cutting-edge climate research, which informs policies worldwide. That research includes the Adaptation Gap Report series. The latest report from 2022, Too Little, Too Slow, concludes that many countries are ill-prepared for the heat waves, floods and other extreme weather that will accompany climate change. Belgium’s grant will also back UNEP’s work to help communities adapt to extreme weather.
As well, the funding will support UNEP’s efforts to measure the world’s progress towards carbon neutrality, including through the hallmark Emissions Gap Report, and assist countries in meeting their transparency and reporting obligations under the Paris Agreement.
Belgium’s support will help bolster access to climate finance and further efforts to give the world’s least developed countries access to a new global early warning system for climate-related disasters, such as cyclones and droughts.
Moreover, the Belgian funding contributes to the promotion of business models and markets for decarbonization, adaptation and resilience.
Finally, it will enable UNEP to inspire consumers to adopt more sustainable lifestyles. This work is done on many fronts, including through advocacy campaigns, policy guidance, such as the Enabling Sustainable Lifestyles in a Climate Emergency brief, and through global multi-partner initiatives, such as the UN Decade on Ecosystem Restoration.
“The climate crisis is accelerating and we cannot solve this emergency without multilateralism, without partnerships and without funding,” said Inger Andersen, UNEP’s Executive Director. “We at UNEP are grateful to Belgium for its generous support and for its global leadership on the climate crisis, which is the defining challenge of our times.”
With the new grant, Belgium joins Norway and becomes the second country in the world to support the Climate Stability Fund, one of UNEP’s three thematic funds.
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