BNDES unveils R$39B climate finance package at COP31
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The Climate Investment Funds (CIF) announced the first cohort of countries for its ARISE adaptation program at COP31, including Bangladesh, Haiti, Kyrgyzstan, Morocco, and Sierra Leone, plus a regional initiative for Mozambique and Malawi. This marks the program's operational launch, shifting from design to implementation. The selection signals a focus on climate-vulnerable nations, but funding details and implementation timelines remain unspecified.
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