The Global Innovation Lab for Climate Finance的动态

Catch me tomorrow, to launch a climate finance toolkit for campaigners. This toolkit covers all things climate finance basics and principles of a human rights based approach! I’ll be sharing my thoughts about why climate finance is important, and how this toolkit can be used by all of you! See ya there! ??#FairFinance?

The POLITICO Europe Research and Analysis team published its latest report. Josefa Knippers deep dives into the EU's urgent investment challenges, highlighting critical funding gaps, the delicate balance between public and private financing, and the pressing need for enhanced policy tools to secure climate goals by 2030. Key takeaways: ??Funding Gap: The EU requires €1,384 billion annually to meet 2030 climate targets, yet 45% remains unfunded, with the transport and building sectors facing the largest shortfalls. ??Public and Private Investments at Risk: Public funding falls short, covering only 7% of annual needs, while private investments lack adequate incentives to fill the gap. ?Policy Action Needed: The EU faces significant pressure to enhance financial tools to mobilize capital, ensuring investments materialize to meet climate goals and sustain competitiveness. Are you a Pro? You can access the report here: https://lnkd.in/essyM5_j Get in touch if you'd like to know more about our policy and data analysis offering. #Policy #Analysis #ClimateGoals #Investment

New report: Catalysing private finance for climate change adaptation in Southeast Asia. There remains an urgent need to catalyse private sector expertise, innovation, and financing, to provide new technologies, goods, and financial products that stimulates investment into climate change adaptation and resilience (A&R). Set within this context, the Foreign, Commonwealth and Development Office (FCDO), Government of UK commissioned a piece of analytical work that would help create an increased space for public and private partnerships in the A&R sector through sharing good practice around policy frameworks that have been successful in promoting private finance into A&R projects. Richard McNally led a team for #OPM on Assessing Opportunities to Mobilise Private Finance into Climate Adaptation in Southeast Asia. This report provides case studies from across Southeast Asia to distil key policy, regulatory, and market factors deemed critical to delivering and scaling finance for climate A&R. The findings from this piece of work can support governments, donors, and the companies to focus their scarce resources to crowd in private finance and deliver greater climate A&R impact. ? We hope you enjoy reading the report.?

Recommendation 1 from the 2023 South African Climate Finance Landscape is: Scale the pipeline of investment-ready low-carbon and climate-resilient projects. (View the report: https://lnkd.in/daVS8GM5) [Presidential Climate Commission | Climate Policy Initiative]. An example of an initiative that is demonstrating a successful approach to develop this pipeline, is the Climate Finance Accelerator (CFA) South Africa programme. To date, close to $100m investment has been facilitated into green economy projects in South Africa through the connections made between projects and funders through the CFA. In this video (Part 1 of 2), we hear from some of the early stage 2024 cohort.?[National Business Initiative | UK in South Africa]. #GreenFinanceFridays

What is the federal government's approach to mobilizing clean energy finance in developing countries? Learn more in our on-demand webinar with senior climate officials from USAID, the Millennium Challenge Corporation, and the U.S. International Development Finance Corporation. https://okt.to/5j8IRb

Enhancing Climate Accountability through Budget Tagging in Caribbean SIDS Countries like #AntiguaandBarbuda are leading the way in implementing climate budget tagging and tracking, a vital tool that allows countries to monitor climate-related expenditures and investments within their fiscal budgets and public sector investment programs (NDC Partnership 2023). This innovative approach not only facilitates improved multistakeholder engagement in the budgeting process but also enhances accountability and transparency in #fiscal planning. By mainstreaming #lossanddamage considerations into their fiscal budgets, #Caribbean governments can more accurately assess their financing needs and effectively allocate domestic resources to address loss and damage at both national and sub-national levels. As these systems are developed and refined, they empower countries to make informed decisions that prioritize climate #resilience and #sustainability. This proactive strategy is essential for ensuring that financial resources are directed where they are most needed, ultimately supporting vulnerable communities across the region. Learn more via link in bio: https://lnkd.in/exqe4UXB Article: A review of loss and damage in the Caribbean (1994 to 2024)

What are the key actions African players, led by governments, take to leverage climate finance towards the continent’s development objectives? To bridge the climate financing gap in Africa, Asia, and Latin America, there’s? need to explore better options for building out National and Sub-National Climate Finance Infrastructure, developing climate finance policies focused on the financial sector, creating transition facilities, and establishing an ecosystem of research and development in climate finance data management, measurement, and reporting.? This includes attracting private capital, innovative financing instruments, broadening the investor base, expanding the involvement of multilateral development banks and development finance institutions, strengthening climate information, and developing transition taxonomies. Implementing these solutions can unlock investments to build a safer and more prosperous future, not just in these regions but for the world more broadly.? To delve deeper into the key actions African players, led by governments, can do to leverage climate finance towards the continent’s development objectives, read more: https://rb.gy/er4iu3 ? #ClimateFinance #ClimateChange

Intrigued about how concessional finance can help mobilize private investment to address climate change in emerging economies? Find out more on September 9th, when we’ll be discussing this at the Expert Forum Adaptation and Mitigation Finance ESMT Berlin. Our conference brings together leading international climate finance scholars, policy stakeholders, investors, development finance institutions and foundations. Chris Clubb, Managing Director at Convergence Blended Finance, will chair the session on concessional finance. Other sessions include: ???Aligning the interests of the public and private sector to mobilize climate finance ???Challenging the status quo: Adaptation and mitigation finance today ???Effective levers to mobilize climate finance ???You can find all confirmed speakers as well as suggested pre-reads on the event website: https://lnkd.in/gFpECUhA #climatefinance #adaptation #mitigation #sustainability

By embedding climate considerations into public investment projects, governments can ensure that their climate priorities are spread throughout their operations! Videnza Consultores director Milton von Hesse and Inter-American Development Bank's Public Private Partnerships Team Leader Gaston Astesiano help explain how greening public investments can help governments reach their national climate goals. ?? Want to learn more? Check out the #PayingforParis Resource Hub: https://bit.ly/45SsmRS #ClimateFinance #NDCFinance #ParisAgreement

The realities of climate finance for social protection?? ? In the latest STAAR publication, Robbie Hopper, Matthew Hurworth and Zac Lowndes-Bull outline the status of international public climate finance going to social protection. The paper focuses on three categories of climate finance providers: bilateral, multilateral development banks and climate funds. The report reviews existing literature on climate finance for social protection and assesses the climate finance strategies and portfolios of the major international public climate finance providers. Key findings include: ???Evidence suggests that including social protection in climate strategies enhances both adaptation and mitigation efforts. ???Social protection integration into climate strategies is widely encouraged by the social protection community as vital for achieving climate justice and transitioning to greener economies. ???The report reviews how international climate finance providers incorporate social protection into their expenditure. Through this report, the STAAR Facility seeks to provide options for a more efficient and targeted use of climate finance for social protection, to support decision-makers in the field. ???Read the full report on?socialprotection.org:?https://lnkd.in/eMQgcnpZ. #UKAid?|?Foreign, Commonwealth and Development Office?|?DAI?| Pegasys Consulting