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South Sudan launches $33 million project to combat climate change and food insecurity

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27 May, 2024

This post was originally published on UNDP

South Sudan launches $33 million project to combat climate change and food insecurity
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Tue, 05/21/2024 – 16:16

Juba, May 2024 – In a major move to combat the challenges posed by climate change and food insecurity, the government of South Sudan has launched a 5-year US$33 million project to build long-term resilience within vulnerable agro-pastoral communities.

To be implemented by World Vision with the UN Development Programme, the project will benefit around 75,000 people, more than half of them women, through watershed-based ecosystem restoration, climate-smart agricultural practices, and diversified livelihoods, as well as strengthened connections to markets. It will also contribute directly to the sustainable management of 15,000 hectares of land in a region recognized as being highly vulnerable to desertification.

“With the climate crisis only deepening, we are delighted to see this important climate adaptation project (WACRESS) launch in Juba,” said South Sudan’s Ministry of Environment and Forestry, Hon Josephine Napwon. “In partnership with the Global Environment Facility, UN Development Programme, and World Vision, it will directly improve lives and livelihoods and contribute to the three pillars of our National Adaptation Plan – building climate resilient communities, building a climate-resilient economy and development pathway, and building a climate-resilient environment.”

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Publication Date
Tue, 05/21/2024 – 12:00

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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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