Urban Climate Change Resilience Trust Fund
This factsheet explains the Urban Climate Change Resilience Trust Fund, a partnership among USAID, the United Kingdom’s Department for International Development, the Asian Development Bank and the Rockefeller Foundation to help build resilience against extreme weather and other climate change impacts that are affecting the urban poor in medium-sized Asian cities.
The fund provides grants for investment projects, technical assistance and other support. Its $150 million in total grants is leveraging more than $1 billion in investments from public, private and municipal sources.
Targeting 25 cities in Bangladesh, India, Indonesia, Pakistan, the Philippines and Vietnam, the fund promotes the inclusion of climate change as a key element in city planning and infrastructure development. This means considering aims such as lowering greenhouse gas emissions and incorporating adaptation measures into city-wide and sectoral planning.
The Urban Climate Change Resilience Trust Fund helps to prepare projects and receives input from the private sector so that project proposals are investment-ready. It also helps governments and civil society better use scientific and economic data to assist in decision-making and support project development. It also raises awareness about climate adaptation and techniques for building resilience.
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