The Netherlands is to work with UN Environment and Japan to establish a global hub aimed at tackling climate change.
The ‘Global Centre of Excellence on Climate Adaptation’ will help countries, institutions and businesses adapt to a warming climate, which is said to be increasing the frequency of natural disasters and causing economic disruptions.
It will look into recently executed projects and use lessons from them to develop guidance to help communities, countries and companies to successfully integrate climate adaptation into their investment decisions.
The hub will bring together international partners, including NGOs, local and national governments, businesses and financial institutions.
Dutch Environment Minister Sharon Dijksma said: “Many around the world are hit hard by global warming. The ground-breaking Paris Climate Change Agreement puts climate change adaptation on par with mitigation.
“Failure of dealing adequately with climate change will increase a multitude of risks such as natural disasters, social and economic disruptions and increasing political tensions. Many people are looking for good practices and guidance with regard to climate change adaptation. I am convinced the Centre of Excellence on Climate Adaptation can help address these challenges.”
The UN and Korea have also joined forces to provide professional training on greenhouse gas inventories to national experts from developing countries.