Norway budgets NOK500 million for climate-related risk reduction and food security
In its 2020 budget proposal, Norway has proposed to allocate NOK500 million (US$61 million) to climate-related disaster risk reduction. The funds include a contribution to the United Nations (UN) Adaptation Fund and to the Green Climate Fund (GCF). Other funding has been allocated to promote sustainable use of the oceans in the context of climate change adaptation, disaster resilience, and the fight against hunger. The allocation to food security, fisheries and agriculture, including climate-resilient agriculture, has increased by NOK 100 million (US$12 million) over 2019.
Norwegian Minister of International Development Dag-Inge Ulstein also announced the drafting of a strategy for strengthening Norway’s efforts in these areas.