Climate change is not an equitable crisis. Across the United States and globally, Black and underrepresented communities are disproportionately affected by rising temperatures, extreme weather events, and environmental degradation. These communities often reside in areas with higher exposure to climate risks, such as urban heat islands, flood-prone neighborhoods, and industrial zones with high pollution levels. Despite being on the frontlines of climate change, they remain excluded from climate finance opportunities - the very funding mechanisms intended to support adaptation, resilience, and clean energy solutions.
Read MoreAmid a deep fiscal crisis, Ecuador received positive news: the closure of the Amazon Biocorridor Program debt-for-nature transaction. In May 2023, Ecuador finalized a conversion plan for ocean and maritime protection in Galápagos, making this the second transaction in two years. Through collaborative environmental policy-making, Ecuador establishes itself as an innovative actor in conservation policies, while simultaneously reducing its heavy sovereign debt burden.
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