03.11.21 – This event at the COP26 Climate Conference in Glasgow brought together leadership from across the world, multilateral development banks and the private sector to discuss the major advances in financing adaptation since Paris in 2015. It showcased achievements on managing climate risk including innovative approaches that get finance quickly to people most vulnerable to climate change or free up fiscal space after a disaster. Speakers discussed a roadmap for greater action, including the work of the Taskforce on Access to Climate Finance, to drive new commitments from donors and the private sector to organise finance behind country plans.
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The UNFCCC secretariat (UN Climate Change) is the United Nations entity tasked with supporting the global response to the threat of climate change. UNFCCC stands for United Nations Framework Convention on Climate Change. The Convention has near universal membership (197 Parties) and is the parent treaty of the 2015 Paris Agreement. The main aim of the Paris Agreement is to keep the global average temperature rise this century as close as possible to 1.5 degrees Celsius above pre-industrial levels. The UNFCCC is also the parent treaty of the 1997 Kyoto Protocol. The ultimate objective of all three agreements under the UNFCCC is to stabilize greenhouse gas concentrations in the atmosphere at a level that will prevent dangerous human interference with the climate system, in a time frame which allows ecosystems to adapt naturally and enables sustainable development.