Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • Videos
  • Career & Education
  • Classifieds
  • All Woman
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Design Week
Developed countries pledge US$248m to Least Developed Countries Fund
News
December 2, 2015

Developed countries pledge US$248m to Least Developed Countries Fund

THE governments of the United States of America, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Sweden, Switzerland and the United Kingdom have announced contributions totalling US$248 million to the Least Developed Countries Fund (LDCF) hosted by the Global Environment Facility (GEF).

The LDCF plays a key role in addressing urgent and immediate adaptation needs of least developed countries, focusing on reducing the vulnerability of sectors and resources that are central to human and national development, such as water, agriculture and food security; and infrastructure, as identified and prioritised in their National Adaptation Programmes of Action.

The LDCF also supports the national adaptation planning process in coordination with others as a means to reduce mediumand long-term vulnerability to the impacts of climate change and facilitate the integration of climate change adaptation into relevant policies, programmes and activities. From the LDCF’s inception in 2001 through June 2015, US$931.5 million has been approved for projects, programmes, and enabling activities to meet this mandate. Projects supported by the LDCF have mobilised $3.8 billion in cofinancing in 51 countries.

The new pledges will continue supporting priorities identified by recipient countries that are essential for climate-resilient sustainable development and livelihoods:

• Germany will contribute a total of 50 million euros (approximately $53.0 million USD) in 2015/2016;

• The United States announces a contribution totalling US$51.175 million in 2015 and 2016;

• The UK will provide £30 million (approximately US$45.1 million) in 2016;

• France will provide a contribution of 25 million euros (approximately US$26.5 million) in 2016;

• Canada will contribute CAD$30 million (approximately US$22.4 million) over the next two years;

• In 2016 Denmark will commit DKK 156 million (approximately US$22.1 million), subject to parliamentary approval. With this pledge, the cumulative Danish contribution to the LDCF amounts to 376 million DKK (approximately US$53.4 million).

• In 2016 the Swedish Government intends to provide a grant to the LDCF of SEK 100 million (approximately US$11.5 million).

• Ireland will continue to support the LDCF and will provide, subject to budget approval, at least 6 million euros (approximately US$6.4 million) by 2020;

• Switzerland will increase its annual contribution to the LDCF by 75 per cent and will provide in total CHF 6.25 million (approximately US$6 million) 2015 until 2018;

• Italy will provide, through its ministry for the environment, US$2 million by the end of 2015. Italy is strongly committed to scale up its support to the fund in the following years, including in 2016, subject to budget availability and approval;

• Finland has supported the LDCF since 2003, with the cumulative contribution amounting to about 32 million euros (approximately US$41 million at the time of contribution). This includes the contribution given this year, 1.6 million euros, (approximately US$1.8 million at the time).

— US State Department

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Man dies in Manchester Road crash
Latest News, News
Man dies in Manchester Road crash
July 30, 2026
MANCHESTER, Jamaica — A man succumbed to injuries he sustained in a two-vehicle crash on Manchester Road in Mandeville Thursday night. Preliminary rep...
{"jamaica-observer":"Jamaica Observer"}
Jamaicans encouraged to support Denbigh Agricultural Show
Latest News, News
Jamaicans encouraged to support Denbigh Agricultural Show
July 30, 2026
KINGSTON, Jamaica — The Jamaica Agricultural Society (JAS) is inviting Jamaicans across the country to attend the 72nd staging of the Denbigh Agricult...
{"jamaica-observer":"Jamaica Observer"}
WATCH: Mother and infant escape injury after highway crash
Latest News, News
WATCH: Mother and infant escape injury after highway crash
July 30, 2026
ST THOMAS, Jamaica — A female driver and her infant daughter escaped serious injuries this afternoon after the car they were travelling crashed into a...
{"jamaica-observer":"Jamaica Observer"}
Damian Marley featured on Barack Obama’s summer playlist 2026
Entertainment, Latest News
Damian Marley featured on Barack Obama’s summer playlist 2026
July 30, 2026
KINGSTON, Jamaica — Reggae artiste Damian ‘Jr Gong’ Marley was one of dozens of artistes  featured on Former United States President Barack Obama’s su...
{"jamaica-observer":"Jamaica Observer"}
Hamas officials confirm deal reached with Israel
International News, Latest News
Hamas officials confirm deal reached with Israel
July 30, 2026
CAZA CITY, Palestinian Territories (AFP) —  Senior Hamas officials confirmed Friday that they have reached a deal to end the conflict with Israel, aft...
{"jamaica-observer":"Jamaica Observer"}
Apple beats expectations on strong iPhone sales
International News, Latest News
Apple beats expectations on strong iPhone sales
July 30, 2026
SAN FRANCISCO, United States (AFP) — Apple beat market expectations in its latest results, capping what is expected to be Tim Cook's final earnings re...
{"jamaica-observer":"Jamaica Observer"}
Sunshine Girls set up Commonwealth Games semis against Australia
Latest News, Sports
Sunshine Girls set up Commonwealth Games semis against Australia
July 30, 2026
KINGSTON, Jamaica — Jamaica’s Sunshine Girls beat Wales by 46 goals (74-28) to complete their first round schedule in Pool B of the 23rd Commonwealth ...
{"jamaica-observer":"Jamaica Observer"}
Beverage brands creating experiences at Dream Weekend
Entertainment, Latest News
Beverage brands creating experiences at Dream Weekend
July 30, 2026
ST JAMES, Jamaica — As Dream Weekend returns for its 17th staging in Montego Bay from July 30 to August 3, beverage brands are expected to play a bigg...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct