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Economy

ADB announces IF-CAP

The Asian Development Bank (ADB) announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP).

About IF-CAP

• It is a landmark programme which could significantly ramp up support for the region in the battle against climate change.
• IF-CAP's initial partners are Denmark, Japan, the Republic of Korea, Sweden, the United Kingdom, and the United States.
• IF-CAP financing will contribute to ADB’s ambition for $100 billion from its resources for combating climate change for 2019–2030.

Environment

International Leopard Day

May 3 is observed as the International Leopard Day to make people aware of the nocturnal big cat.

About

• The leopard (Panthera pardus) is one of the five extant species in the genus Panthera, a member of the cat family, Felidae. 
• The leopard is distinguished by its well-camouflaged fur, opportunistic hunting behavior, broad diet, strength, and its ability to adapt to a variety of habitats ranging from rainforest to steppe, including arid and montane areas. 
• IUCN Red List: Vulnerable
• Distribution: Asia, sub-Saharan Africa, Southern Russia, and the Indian subcontinent.
• It can run at speeds of up to 58 km/h (36 mph).