UNCCD concludes COP17 with new drought resilience and land restoration initiatives | India News

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<button type="button" class="ZW6JD " disabled="">Post Comment</button></p> <p class="swnca">Be respectful · <a href="https://www.indiatimes.com/termsandcondition" target="_blank" rel="noopener noreferrer" class="gkv0P">TOI community guidelines</a></p> </div> </div> <p><span class="id-r-component br" data-pos="11"/>DRIF, on the other hand, aims to mobilise up to $400 million in public and private capital for drought resilience. The facility, launched by UNCCD and Luxembourg, will use public capital to reduce investment risks.<span class="id-r-component br" data-pos="14"/>“We came to Ulaanbaatar saying that COP17 must be a COP of implementation. We leave with more of the architecture needed to make that possible: political decisions, stronger science, innovative financing mechanisms, investment pipelines and partnerships that can move solutions to scale,” said UNCCD executive secretary Yasmine Fouad.<span class="id-r-component br" data-pos="16"/>The conference took place against a stark global backdrop as up to 40 percent of the world’s land is degraded, while countries have committed to restoring more than one billion hectares, including 26 million hectares by India, by 2030. India was represented by a team led by Union environment minister Bhupender Yadav at COP17.</div> <p><br /> <br /><a href="https://timesofindia.indiatimes.com/india/unccd-concludes-cop17-with-new-drought-resilience-and-land-restoration-initiatives/articleshow/133595093.cms" target="_blank" rel="noopener">Source link </a></p> </div></div><div class="td_block_wrap tdb_single_next_prev tdi_134 td-animation-stack td-pb-border-top td_block_template_1" data-td-block-uid="tdi_134" ><style>.tdi_134{margin-bottom:40px!important}@media (min-width:768px) and (max-width:1018px){.tdi_134{margin-bottom:30px!important}}@media (max-width:767px){.tdi_134{margin-bottom:30px!important}}@media (min-width:1019px) and 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