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Government of South Sudan and World Vision sign deal to boost climate action

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03 Jun, 2024

This post was originally published on UNDP

Government of South Sudan and World Vision sign deal to boost climate action
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Sun, 05/12/2024 – 20:35

South Sudan and World Vision have signed a Memorandum of Understanding (MoU) to implement a project that seeks to strengthen local resilience to the impact of climate change. The project named “Watershed Approaches for Climate Resilience in Agro-Pastoral Landscapes” is worth 33 million U.S. dollars and will target 75,000 people in Aweil Center and Aweil East counties in Northern Bahr el Ghazal State.The five-year project to be implemented by World Vision will enhance the capacity of communities to manage and withstand the adverse effects of climate change. Speaking during the signing ceremony, Josephine Napwon Cosmos, the Minister of Environment and Forestry, said her ministry developed the project to address the impacts of climate change in the country. Dominic Sam, the UNDP Resident Representative in South Sudan, said the project focus extends to resilient agriculture and food value chains, and boost climate-smart practices to mitigate crop failure risks and enhance food security and economic independence for 25,000 individuals.

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Sun, 05/12/2024 – 12:00

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Government consulting on sustainable investment labelling

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The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

This phase of consultation will run from 18 July to 29 August and help the government refine its design principles for the framework.

The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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