UNDP & AIM announces $2.2 million in climate action grants for innovators across 19 countries
- The United Nations Development Programme (UNDP) and the partners of the Adaptation Innovation Marketplace (AIM) have approved $2.2 million in climate action grants for 22 local innovators across 19 countries, including India.
- The funding will be done through Adaptation Fund Climate Innovation Accelerator (AFCIA) window.
- The first round of funding will enhance local climate action and accelerate the delivery of targets outlined in the Paris Agreement and Sustainable Development Goals.
- AIM will provide technical support and know-how to the Adaptation Fund Climate Innovation Accelerator.
About Adaptation Innovation Marketplace (AIM)
- AIM is a strategic platform launched by UNDP Administrator Achim Steiner at the Climate Adaptation Summit in January 2021, whose purpose is to source the best ideas and innovations for adaptation from around the world and promote scaled-up adaptation at the local level, with focus on civil society, non-government organizations, and women and youth innovators.
- The AIM partners are the International Centre for Climate Change and Development, the Least Developed Countries Universities Consortium on Climate Change, the Global Resilience Partnership, the Climate-Knowledge Innovation Community, and UN Capital Development Fund (UNCDF).
Source: Business Standard