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ADB, UK Join to Strengthen Urban Areas Against Climate Change.

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ENPNewswire-November 11, 2021--ADB, UK Join to Strengthen Urban Areas Against Climate Change

(C)2021 ENPublishing - http://www.enpublishing.co.uk

Release date- 10112021 - The Urban Resilience Trust Fund will build on the successful implementation of ADB's Urban Climate Change Resilience Trust Fund, which has supported more than 2.8 million people living in urban areas who are disproportionally exposed to the risks from climate change.

The Asian Development Bank (ADB) has joined with the Government of the United Kingdom to launch the Urban Resilience Trust Fund (URTF), a partnership which aims to reduce risks from climate change through climate resilience planning and innovative urban projects.

The partnership was announced today at COP26 in Glasgow. The United Kingdom is contributing up to GBP70 million (around $100 million) to the URTF as the largest subprogram of its Climate Action for a Resilient Asia (CARA) program, a 7-year, GBP274 million effort to strengthen the resilience of vulnerable communities, economies, and the environment to the impacts of climate change and promote low-carbon growth across Asia and the Pacific.

'ADB is delighted to see our joint effort with the UK government on strengthening urban resilience being scaled up through the URTF under the new CARA program,' said ADB Sustainable Development and Climate Change Department Chief Sector Officer Robert Guild. 'The URTF will continue the critical work of supporting fast-growing cities in Asia and the Pacific to reduce the risks the poor and vulnerable face from floods, storms, or droughts by helping to better plan and design infrastructure to weather these impacts from climate change.'

'Climate change does not respect borders. Countries across the Indo-Pacific region are on the frontlines of the climate crisis, with vulnerable communities threatened by rising seas, frequent typhoons...

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