csr gktoday The article was published in the magazine REPORTS AND INDICES Report/Index Details The State of Cities Climate Finance Released by: Cities Climate Finance Leadership Alliance and the World Bank. About Cities Climate Finance Leadership Alliance It is a coalition of leaders committed to deploying finance for city level climate action at scale by 2030. It is the only multi-level and multi-stakeholder coalition aimed at closing the investment gap for urban subnational climate projects and infrastructure worldwide. Key Highlights of the report o Urban climate finance flows are heavily concentrated in OECD countries and China. o Vastly insufficient amounts of urban climate finance were invested in many developing economy regions including South Asia and sub-Saharan Africa. o Finance for adaptation projects amounted to 9 per cent of investments tracked at the project level in 2017-2018 representing against the 91 per cent for mitigation and dual uses. Glaciers of the Himalayas: Climate Change Black Carbon and Regional Resilience Released by: World Bank According to the research paper full implementation of current policies to mitigate Black Carbon (BC) can achieve a 23% reduction but enacting new policies and incorporating them through regional cooperation among countries can achieve enhanced benefits. o Report covers the Himalaya Karakoram and Hindu Kush (HKHK) mountain ranges where it says glaciers are melting faster than the global average ice mass best current affairs magazines.
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