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The Earth is fragile and changing, and no single government has sufficient resources to help communities fully adapt to the changes and then recover after an environmental disaster. It is a growing but ominous reality. The cost and number of climate related disasters is rising. The total cost of the damage from environmental disasters between 2005 and 2014 was more than $1.4 trillion. Read more This opinion co-authored by Ms. Monique Barbut, UNCCD Executive Secretary, Mr. Rémy Rioux, Chief Executive Officer at the Agence de développement Française, Mr. Ambroise Fayolle, Vice President at European Investment Bank and Mr. Philippe Zaouati, Chief Executive Officer of Mirova.
Brazil has committed US$100 million dollars raised from domestic environmental fines to finance activities to reverse land degradation in an initiative known as the URAD model that combines social inclusion, local development and environmental sustainability. The results are amazing, with activities being completed well ahead of schedule and behaviour change in the communities evident long before reaping the expected long-term fruits.