The Government will allocate NOK 500 million to efforts to promote climate change adaptation, disaster risk reduction and hunger prevention. The funding will be provided under the aid budget.
‘The impacts of climate change are undermining efforts to fight poverty. Climate change adaptation and mitigation and the fight against hunger are therefore key priorities in Norway’s development policy, and efforts in these areas will be intensified,’ said Minister of International Development Dag-Inge Ulstein.
The Government has decided that a strategy for strengthening Norway’s efforts in these areas is to be drawn up.
‘The allocation will help to increase Norway’s total climate financing. Not least, it will help to strengthen the important efforts to promote climate change adaptation and disaster risk reduction, in line with our commitments under the Paris Agreement. It is the world’s poorest people who are being hardest hit by climate change, and they are the ones who are least to blame for the problems that have been created. The Government will intensify its efforts to promote climate-resilient agriculture and to help countries become more resilient to the effects of climate change,’ said Mr Ulstein.
The allocation of NOK 500 million includes a contribution of NOK 50 million to the UN Adaptation Fund, NOK 100 million for other projects in this area, and NOK 200 million to the Green Climate Fund (GCF), as part of a total increase in funding to the GCF of NOK 400 million. In addition, NOK 50 million has been allocated to promoting sustainable use of the oceans in the context of climate change adaptation, disaster risk reduction and the fight against hunger. The allocation to food security, fisheries and agriculture, including climate-resilient agriculture, has also been increased by NOK 100 million.