🚨🚨🚨The latest draft of the #NCQG (dated 16 November) incorporates vital language on conflict and fragility in key paragraphs—28 on needs, 83 on access, and 85 on capacity. These references acknowledge the stark reality faced by countries affected by conflict or fragility in addressing climate challenges.
⚠️⚠️⚠️However, there is growing concern as some parties are advocating for the removal of this crucial language from the text. Eliminating these references risks sidelining countries that are already on the margins of global climate finance systems, undermining efforts to achieve equitable and inclusive support under the new climate finance goal.
⚖️ ⚖️ ⚖️ It’s imperative for all stakeholders to uphold this language in the final NCQG text to ensure no country is left behind in the fight against climate change. Addressing the needs of fragile and conflict-affected states is not just a matter of justice but a necessity for a truly global climate response.
ODI Global Risks and Resilience
Countries embroiled in conflicts, or with weak or absent governments, have long struggled to access climate finance, not least because much of it is provided as loans – and loan providers prefer low-risk investments.
Heavily conflict-affected countries received an average of just $2.74 per capita each year in international adaptation funding in the decade to 2020 – 40% of what other low-income countries got, according to a World Bank report published in July.
Weaker states often also lack the systems, human resources and know-how to effectively apply for funding.
ODI Global's Yue Cao talks about it here. You can also read more on this piece 👉 https://lnkd.in/eRv2T3tH
Impressive work on economic growth strategies! How do these reports address climate resilience?