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Tackling climate change in one of Colombia’s largest wetlands

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27 May, 2024

This post was originally published on UNDP

Tackling climate change in one of Colombia’s largest wetlands
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Thu, 05/23/2024 – 13:23

The time it takes to cross the Ayapel swamp, the largest swamp in the department of Córdoba, northern Colombia, is a good measurement of how much this landscape has changed in recent decades. The journey, which used to take several hours, can now be done in less than one. Gone are the streams that forced the boatmen to slow down and the large clumps of floating plants that made it difficult to move through the wetlands.

Before, it was full of mangroves, recalls Ana María Rivera. “Today, what do you see? Sky and water, because there’s no beautiful mangrove creek left,” says the young woman, who lives in the village of Perú, a rural area at the southern end of the swamp.

The problems plaguing the swamp are as complex as the landscape in which it is located. Ayapel and ten other municipalities in the departments of Sucre, Bolívar, Córdoba, and Antioquia make up La Mojana, where three of the country’s most important rivers converge: the San Jorge, the Cauca, and the Magdalena. The Magdalena reaches the region through the Loba branch, one of the two branches parting the river’s course as it passes through the El Banco municipality in the department of Magdalena.

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Thu, 05/23/2024 – 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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