UNU-VIE engages in strategic global cooperation and serves as a science-policy partner. In select cases, UNU-VIE can also serve as a host institution for global initiatives. Currently, UNU-VIE has a hosting agreement with one initiative:
Global Shield against Climate Risks
With accelerating climate change, more severe and frequent extreme weather events threaten the sustainable development gains of developing countries. To address this, the V20 Finance Ministers, in collaboration with the Group of Seven (G7) and other supporting countries, launched the Global Shield against Climate Risks at COP27. The initiative aims to increase financial and social protection for vulnerable countries and communities by providing and facilitating substantially higher and more effective pre-arranged finance. UNU-VIE is co-hosting the Global Shield Secretariat, the coordinating entity of the secretariat. It provides technical support for the implementation of the Global Shield solutions, coordinates amongst stakeholders, guides fundraising and the strategic development of the initiative, engages with relevant global climate policy processes, especially on climate and disaster risk financing and insurance (CDRFI).
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