Dhaka, Aug. 6 -- A new Adaptation and Resilience (A&R) Fund has been launched to deliver over $50 million in support of locally driven solutions for people most vulnerable to climate risks such as extreme heat, floods and droughts.

The funding will spur community resilience in low- and middle-income countries with projects that range from early warning systems to innovative financial tools, said a press release of Climateworks Foundation.

The initial grants will support efforts to combat extreme heat in urban areas in South Asia, Southeast Asia, and sub-Saharan Africa.

The effort is led by ClimateWorks Foundation in partnership with Howden Foundation, Laudes Foundation, Quadrature Climate Foundation and The Rockefeller Foundation.

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