As of 2014, the United States invested more than $400 million per year of grant-based resources for climate adaptation in developing countries. These investments provide support – through both bilateral and multilateral channels – to vulnerable countries to reduce climate risks in key areas, including infrastructure, agriculture, health and water services.
Today’s commitment to double that figure by 2020 is a component of an existing commitment by developed countries to jointly mobilize $100 billion per year by 2020.
The announcement mentions the importance of climate data tools in evaluating the impacts of climate change and highlighting their ability to highlight resilience strategies for those most at risk.
Full Announcement from Department of State |