ForumIAS LATEST
- 24 May |UPSC Prelims 2026 Paper Solved LIVE | GS Paper Detailed Discussion | ForumIAS Click Here →
- 17 May | ABC of Indian Sociology Series | 'H' = HAROLD COULD | Sociology Optional Simplified Click Here →
- 15 May | If You Are Giving Prelims 2026, Watch This Before Entering the Exam Hall Click Here to listen to Ayush Sir's advice →
News: The Climate Investment Funds has raised $100 million in funding from Germany and Spain for ARISE program designed to help poor countries withstand the fallout from climate change.
About ARISE Program
- Full Form: ARISE – Accelerating Resilience Investments and innovations for Sustainable Economies
- It is a new program designed to help poor countries withstand the fallout from climate change.
- Launched by: Climate Investment Funds (CIF – a multilateral climate finance mechanism housed within the World Bank)
- Aim: It aims to help developing countries “turn climate risk into opportunity” and to strengthen the “adaptive capacity” of economies.
- Purpose: It will work to embed resilience within economic development strategies, unlock new sources of finance and mobilize investment from multilateral development banks, climate funds and private sector.
- Funding and global support
- Germany and Spain have pledged an initial $100 million at COP30 in Belém, Brazil, with calls for further global investment and expansion.
- ARISE prioritizes Least Developed Countries (LDCs) and Small Island Developing States (SIDS), channeling support to the most vulnerable economies.
