The UN Children’s Fund (UNICEF) on Wednesday launched a new climate financing initiative designed to help countries address current and growing impacts of the climate crisis, and better cope with disasters. “We know more climate disasters are in the making. We just do not know where or when they will hit”, said Karin Hulshof, UNICEF Deputy Executive Director for Partnerships.” The Today and Tomorrow initiative, for the first time, combines funding for immediate resilience and risk prevention programmes for children today, with risk transfer finance provided by the insurance market to help cope with future cyclones. “The risks of climate