Project GAIA aims to establish a blended finance platform that offers long-term loans for climate adaptation and mitigation investments in 19 countries most vulnerable to climate change – making this funding accessible through sources previously inaccessible to participating countries. To address the urgent needs of developing countries, this platform will allocate 70 percent of its investment portfolio for adaptation projects, with an additional allocation of 25 percent for Least Developed Countries and Small Island Developing States, ensuring that the funding reaches the communities most vulnerable to climate change. This project targets countries that face similar challenges in climate financing for high-impact adaptation projects.
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