Environment / Climate Finance
At the COP30 Climate Summit in Belém, Brazil, the Climate Investment Funds (CIF) introduced ARISE — Accelerating Resilience Investments and Innovations for Sustainable Economies — supported initially by funding from Germany and Spain. The programme aims to assist developing nations in strengthening both economic and institutional resilience so they can better manage escalating climate shocks and convert climate risks into sustainable development opportunities.
As a next-generation resilience initiative under CIF, which operates within the World Bank, ARISE seeks to embed climate resilience into national planning, mobilise catalytic adaptation finance, and empower communities to withstand and recover from floods, droughts, and extreme storms. The programme emphasises long-term, systemic resilience building rather than short-term emergency responses.
MCQ
Which statement best describes the purpose of the ARISE programme launched at COP30?
- Integrating climate resilience into national planning and mobilising adaptation finance
- Creating a global carbon-trading market for developing countries
- Funding large-scale fossil-fuel transition projects
- Replacing all existing World Bank climate initiatives with a single mechanism
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