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We are now introducing NDF Explains 鈥� our new explainer series that sheds light on the key concepts behind global climate action.馃尡 In the debut episode, NDF鈥檚 Managing Director Satu Santala, the host of the series, unpacks 饾櫂饾櫋饾櫈饾櫌饾櫀饾櫓饾櫄 饾櫅饾櫈饾櫍饾櫀饾櫍饾櫂饾櫄 鈥� a powerful force driving everything from renewable energy to climate-resilient agriculture in the world鈥檚 most vulnerable regions. 鈥淐limate finance can mitigate climate change by reducing emissions. It can also help adapt to the consequences of climate change,鈥� says Santala. 馃實 Since 2009, developed countries have pledged $100B annually in climate finance 鈥� with a target of $300B by 2035. But current levels still fall short of what鈥檚 needed to meet Paris Agreement goals. 馃帴 Watch Episode 1 and read more: 馃敆 https://shorturl.at/Jimd9 #NDFExplains #ClimateAction

馃摚 Our Annual Financial Report 2024 is now out, showcasing our financial activities of the year. 馃寧 2024 is left in the history books, not only as the hottest year on record, but also as a culmination of a decade of hottest measured annual temperatures, which marks an alarming trend in our climate. 鈥淭he momentum for the increase of climate finance is now. We at NDF focus on finding the right investments and partners to achieve concrete results in fighting climate change,鈥� says Satu Santala. Read more 鉃★笍 /newsr鈥�/annual-financial-report-2024.html

馃實 Building Climate-Resilient Health Systems in the Greater Mekong Subregion 馃實 From 2015 to 2020, Asian Development Bank pioneered a regional technical assistance project, co-financed by us, to help Cambodia, Lao PDR and Viet Nam in the Greater Mekong Subregion cope with adverse problems related to health impacts caused by climate change. The project focused on enhancing climate health adaptation and addressing the rise in heat-induced and vector-borne diseases. Key outcomes: 鉁� Adoption of national health adaptation plans 鉁� 1,300+ health practitioners trained 鉁� 600+ policymakers engaged 鉁� Early warning systems & climate-resilient health facilities 鉁� Improved data on climate-related health risks We are proud to witness that this project empowered the region to better respond to climate-induced health threats, and we continue working on improving people鈥檚 livelihoods together with ADB. 馃敆 Read more: https://shorturl.at/LN4Pr 馃敆 For more project details: https://shorturl.at/ZF5Xm #ClimateResilience #NDFProject Photo: ADB