ClimateWorks launches Adaptation and Resilience Fund with $50M investment

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New! Investment Fund for Climate Adaptation & Resilience ClimateWorks is thrilled to partner with Howden Foundation Laudes Foundation, Quadrature Climate Foundation and The Rockefeller Foundation to establish a new Adaptation and Resilience Fund (A&R Fund). The A&R Fund will deliver over $50 million around the world to address climate risks through catalytic locally led adaptation solutions, such as early warning systems and innovative financial tools. With more than 2.4 billion people at risk of severe heat exposure each year, philanthropy has a critical role to play in supporting communities facing serious health and economic risks. Recent research from World Resources Institute found that, for every $1 invested in adaptation, more than $10.50 in benefits can be generated over 10 years. That means investments in resilient infrastructure and tools not only reduce risks—they also promote better exonomic outcomes, better health, and even increased wages. The A&R Fund also fulfills a $50 million commitment made by philanthropies last year in response to the UN Secretary-General’s Call to Action on Extreme Heat. Learn more about the A & R Fund here: https://lnkd.in/gAGyZRvf

Thank you all -- it's so wonderful to see the support and interest in this new Adaptation & Resilience Fund! A clear signal of just how desperately these investments are needed. For those interested, the first two RFPs have opened now on (1) Innovative finance for urban resilience, and (2) Strengthening institutions and civil society. See here for the application details and info on an upcoming webinar about the RFPs (scroll down the page): https://www.climateworks.org/programs/adaptation-and-resilience/fund/

So glad to see this. The health of frontline communities is at risk, but the funding to give them tools to organize and prepare has historically been limited. We've seen this firsthand at Migrant Clinicians Network in our efforts to provide tools to help community leaders build hyperlocal disaster plans with health centers as the community hub. Thank you for establishing this important new fund, ClimateWorks!

Fantastic initiative Helen M. Leslie Johnston, M.Sc. Jess Ayers! I hope we can find ways to work together as we unpack key health impacts from climate change and explore solutions forward through the World Health Organization Pan European Commission on Climate & Health. Would be good to put our heads together 💪

Fantastic initiative. Locally led adaptation solutions are essential to building resilience, and it’s great to see philanthropy stepping up to close this critical gap

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So inspired to see this. And it is so helpful for people to know good, great work like this continues. Fueling belief we can make progress in today’s world is vital. Thank you for all you do.

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Great news, congrats!!! Looking forward to seeing what the conditions for access will be. Please keep in mind the learnings from the past decades of granting!!

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Helen, how can local communities best participate in funding allocations?

Great news. Seems we are starting to understand we need to take a better insurance against climate impact! Cerac - Climate Risk Assessment Center

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Thank you but Africa is more vulnerable.

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This is good. vweldon

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