UN climate change fund calls coronavirus an 'opportunity' to re-shape the world

The UN-funded financial arm of the Paris Agreement has labelled the killer coronavirus an “opportunity” to raise funds for climate change action and “relaunch economies on low-emission, climate-resilient trajectories”. The extraordinary statements have been published in a document by the Green Climate Fund – an international organisation with a $10.3 billion budget (US). “While COVID-19 is causing untold suffering, the international response to this unprecedented health crisis in modern times offers an opportunity to direct finances towards bolstering climate action. GCF will continue to make critical investments in climate-resilient water resource management, health care facilities, agriculture and livelihoods – all of which are essential to subduing and overcoming the pandemic,” the organisation wrote in an official public update. “Similarly, we will step up our efforts to catalyse green investment to relaunch economies on low-emission, climate-resilient trajectories. “The Green Climate Fund is confident that only a united approach – bringing together determined efforts and innovation – will provide lasting solutions to both the COVID-19 pandemic and climate change.” The Green Climate Fund went on to suggest that climate change was a threat comparable to COVID-19 which has killed 165,000 people, infected millions more and ravaged global economies...MORE