Transitions Research’s Post

Despite bearing the brunt of climate impacts, only 10% of international climate finance reaches local communities. This staggering statistic from the International Institute for Environment and Development (IIED, 2019) highlights a critical gap in our global approach. Much of the decision-making around adaptation funding, policy, and implementation happens at national and global levels. This often sidelines the vast expertise and knowledge of local actors, communities, and indigenous peoples—the very individuals who are most affected by and best equipped to address the climate crisis. Locally led adaptation seeks to bridge this gap, empowering local actors with maximum agency over diverse climate adaptation actions. By making this approach the default, we can channel flexible and targeted funding, provide essential information on climate risks, and offer technical support to foster local solutions. Let's advocate for a shift towards locally led adaptation, ensuring that climate finance not only reaches the front lines but also leverages the unparalleled wisdom and resilience of those who live there. Together, we can create sustainable and impactful climate solutions. Our land, our future, our responsibility. Let's champion locally led adaptation for a resilient tomorrow. #ClimateAction #LocalLeadership #SustainableFuture #ClimateFinance #IndigenousKnowledge #CommunityResilience #GenerationRestoration

Wealthy nations finally met $100bn 💰 climate finance goal in 2022, OECD confirms. Organisation for Economic Co-operation and Development. Developed nations collectively mobilised $115.9bn in climate finance for developing countries in 2022, the first time thee $100bn collective annual goal has been met. Check out Cecilia Keating's latest article 👇 https://incm.pub/3R2SmFq #climatechange #sustainability #environment #decarbonisation #netzero

BloombergNEF showcases the shifting international climate policy landscape with its latest analysis of G-20 nations’ low carbon policies. While Australia has continued to improve its ranking on the back of a substantial agenda of policy reforms, the pace of reform in other significant economies has dropped back slightly. Access the full analysis here (free account required): https://lnkd.in/gSmwhh_H #renewableenergy #climateaction #climatechange #climatefinance #climatepolicy #carboncredits #carbonsequestration #carbonmarkets #netzero #netnegative

Adaptation finance for communities facing existential climate threats continues to fall drastically short of estimated needs. In Africa alone, the continent faces over half its GDP being at climate risk despite causing just 4% of global emissions. Yet it needs $50 billion annually until 2030 just for adaptation. How can we bridge the climate finance gap for the world's most vulnerable? Innovative models like carbon markets and climate tech could offer direct finance adaptation and build resilience. Check out our Climate Landscape Series to learn more about these strategies:  https://lnkd.in/dn2uxseJ Bill & Melinda Gates Foundation CIFAR Alliance Nelly Ramírez Moncada David del Ser Maelis Carraro Ashirul Amin Jane Del Ser Phoebe K. Jacob Winiecki Tyler Ferdinand #climatefinance #innovation #climatetech #adaptation #resilience

Today we'd like to share some additional funding opportunities: Green Municipal Fund: Capacity Development Partner Grants GMF’s Local Leadership for Climate Adaptation initiative funds partners to design and deliver training that will help local governments advance their climate adaptation knowledge and skills. (Deadline August 7) Learn more: https://bit.ly/4bRLMZQ Green Municipal Fund: Implementation projects - Adaptation in Action Funding opportunities for climate adaptation implementation projects designed to help communities adjust and respond effectively to the impacts of climate change. (Deadline August 14) Learn more: https://bit.ly/4d2Esvw Green Municipal Fund: Feasibility study - Adaptation in Action Funding opportunities for a feasibility study of a climate adaptation project that improves municipal readiness for climate events. (Deadline August 14) Learn more: https://bit.ly/3W8AoTS

Climate change ranks as a top concern for European citizens. Yet, emerging tensions have the potential to disrupt the green transition unless social challenges are addressed carefully. Read the research paper by the Council’s Analysis and Research Team to find out more ➡ https://europa.eu/!MhXMJx #ClimateChange #GreenTransition

Excited to share insights from a pivotal report on finance for climate adaptation. 🌍 It highlights urgent needs and innovative solutions to increase investments in climate adaptation, focusing on developing countries. This report, enriched by global workshops, urges national governments and stakeholders to enhance knowledge and funding for climate adaptation. It's time for urgent action to prevent catastrophic future impacts and ensure sustainable development. For more content, head through this link: https://lnkd.in/dbFWYrSb #ClimateChange #AdaptationFinance #SustainableInvesting #EnvironmentalImpact"

Let’s check out what our Resilience Taxonomy has!!!

Closing the climate finance gap with innovative approaches and partnerships 🌍.    Climate finance is key to enabling communities to adapt to the growing impacts of the climate crisis. Yet, many local climate-focused businesses face significant barriers in scaling their solutions due to insufficient access to funding.     To drive effective, locally-led climate action, we must collaborate to unlock and de-risk investments using innovative financing mechanisms that address various risks.     We can contribute to a climate-resilient future by empowering local businesses through impactful financing and partnerships.    Local action for global impact.    🔗 Learn more: https://lnkd.in/dz3ZHk_8   #ClimateConversations #SNVImpactThatMatters #ClimateFinance #LocallyLed #SustainableDevelopment #Partnerships #COP29

A first in the market: The Resilience Taxonomy! 🎉 Why? 🤔 Though progress has been made on mitigation finance to reduce emissions, there is a massive financing gap in investments toward adaptation to and resilience against changing climate (USD366bln needed annually!) 💰 What does it include? 🌎 An overview of the qualifying investments that need to be financed to drive resilience. These investments should: 1) Make a substantial contribution to climate resilience 2) Avoid Maladaptation risks 3) Do no significant harm to other sustainability objectives Have a read below and let's chat! #climateresilience #adaptation #climatechange #sustainablefinance