BRAC can play critical role in delivering International Climate Finance(ICF)
At a BRAC dinner recently l got reacquainted with their activities. As one of the original Trustees of BRAC UK - a Southern NGO here in the UK - it was good to hear of its success in recent times particularly for delivering UK government Aid programmes. As the Executive Director of BRAC Asif Saleh informed us how BRACs strategic programme with UK government between 2011 & 2015 accounted for 17 per cent of the UK's global impact on extreme poverty whilst only costing 0.5 per cent of its annual development budget. That is great value for money, if nothing else!
With such a track record, l am sure BRAC can also help spend the International Climate Finance (ICF) £11.6 billion goal where analyst like Carbon Brief Brief estimate has fallen 40 per cent behind this pledge. I can't think of a better Global NGO than BRAC to help deliver programmes on the front line of climate change in countries like Bangladesh and regions like East Africa where they have extensive development programmes already. Given the working relationship BRAC already has with FCDO and the value of the money it has previously delivered on other programmes, there is clearly a case for them to help honour this pledge. It would be great if this could be done by the time COP28 UAE begins in Dubai later this year. Now that would be something!
Associate Consultant | MSc Environmental Economics
1 年Interesting to see Uk govt has further changed the definition of International Climate Finance https://www.carbonbrief.org/analysis-uk-adds-450m-to-its-climate-finance-spending-by-changing-definition/