The Australian Agency for International Development (AusAID) and the European Union (EU) donated US$8.5 million towards three projects under the World Bank administered Maldives Climate Change Trust Fund, reports Minivan News.
“Sustaining wetlands and coral reefs is a cost-effective strategy for climate change adaptation with strong benefits for disaster mitigation, ecosystem conservation and economic growth”, said Australia’s new High Commissioner to the Maldives, Robyn Mudie.
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Themes
Climate change
Environment and ecosystems
Financing DRR
Small Island Developing States (SIDS)
Country and region
Maldives