Recent reports indicate alarming vulnerabilities faced by communities, particularly those residing within mountainous terrains.
The current focus on incremental changes appears inadequate for enduring resilience.
The ABM, recognized as the first non-market approach listed on the United Nations Framework Convention on Climate Change's Non-Market Approaches Platform, aims to catalyze public and private investments for climate adaptation projects.
"It is time for adaptation finance to benefit from incentive mechanisms such as the ABM," says Anthony Nyong, Director for Climate Change and Green Growth at the African Development Bank.
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Many people, organizations and businesses in Miami are actively committed to philanthropy. As Javier Alberto Soto, president and CEO of the Miami Foundation, puts it, “Miami is home to a young, diverse demographic that’s looking for ways to get involved, ways to improve our community that aren’t traditional, like a formal gala.”