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Climate finance for global impact / Naoko Ishii, CEO and Chairperson, Global Environment Facility (GEF), Climate Change Policy &#38; Practice, IISD, 23/10/2014http://climate-l.iisd.org/guest-articles/climate-finance-for-global-impact/Climate change is the defining challenge of our time. It is no longer a threat; it is already a reality. Atmospheric greenhouse gas (GHG) concentrations continue to increase at a rapid pace, and will exceed 400 ppm in the very near term. In the absence of urgent, decisive action, nations will face unprecedented challenges such as longer and more intense heat waves and severe droughts, more frequent damaging storms, declining ocean health due to acidification, and reduced crop yields undermining food security. The choices that governments, companies and private citizens are making now will have vast implications for the prospects for long-term sustainable development...