Inclusive Green Growth Department’s Post

Why aren't climate adaptation funds reaching the most vulnerable communities? SEI's climate finance expert, Katherine Browne, has identified some barriers explaining why funding isn’t reaching vulnerable communities. Browne sees several ways in which countries funding climate adaptation projects and other organisations could fix this: 1️⃣ Simplifying and standardising application procedures 2️⃣ Publishing project information in local languages to increase transparency and scrutiny by local civil organisations 3️⃣ Focusing on supporting adaptation that aligns with national and local priorities, rather than results. Read perspective published on The Conversation Africa https://buff.ly/47zn6E7 Find out about events Browne will speak at during #COP28 https://buff.ly/3GbSQDj #ClimateFinance #ClimateAdaptation #COP28

In 2015, the world witnessed a pivotal moment at COP 21 – the birth of the Paris Agreement. This international climate agreement united 196 nations and economic unions in a shared commitment to end climate change. But it's more than just words – it's a call to action. Learn more about this historic agreement in our latest blog. #COP21 #COP28 #ParisAgreement

The Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) is an international climate summit, which is held annually unless the Parties (the countries involved) decide otherwise. At COPs, world leaders gather to work together on solutions to tackle climate change. There are now 198 Parties (197 countries plus the European Union) to the Convention, constituting near universal membership. #cop28uae #unclimate #uaeclimatechange #openingcop28 #welcomecop28 #outlookproperties

COP28 is only a few days away! 🌍 Have you already registered for the OECD - OCDE COP28 Virtual Pavilion? It brings together our key contributions to driving ambitious and more effective action on climate change. The Pavilion will convene leading experts, policymakers and civil society to discuss how to best coordinate global action over 30 sessions, ranging from adaptation to transport, energy, net zero, cities, health, finance, and more! Register to browse sessions and join the conversation on translating climate change ambitions into action and tangible outcomes 🔗 https://oe.cd/COP28 #OECDatCOP28 | #COP28 | #ClimateChange

I am very grateful to have been invited to participate this Tuesday in one of the webinars organized by OECD Environment (OECD - OCDE) about a green and just transition in emerging #markets, in a context of #global economic uncertainty. Our vision at BBVA Research is that we need to speed up the process to make sure that the current trends (not cutting emissionas as agreed and not reaching the committments on #investment) are reversed.   Countries face different sets of challenges. To start with, because some have different exposures to transition or physical risks; some need more mitigation than adaptation, which is more difficult to finance, but if we are to succeed, we all need to work towards fostering the role of private investment; and that means make that investment profitable, also by reducing risk. Recipient countries, especially emerging #economies, need to have and show the will and the ambition to act on many fields: setting the conditions to attract private investment (such as improving the institutional background, their micro and macro management capabilities and incentives). Multilateral organizations can reduce the risk by lowring capital costs, making more use of blended #finance to bring down the risk profile and using tools such as first loss, #credit enhancement and guarantees. But developed countries, where most investment will originate, need to help transfering #technology, integrating renewable resources into their value chains to help them go up the value added ladder and provide incentives via trade agreements. Those are the carrots that can complement the path to carbon border tax that is a long term stick than can be avoided by acting now. I have also stressed that the huge benefit that these emeging countries can grasp from attracting investment and thus increasing their #GDP per capita https://bit.ly/3R8zcNQ and how helpful all these links can be con reduce the geopolitical #risks and helping the de-riksing process that is now underway across different economies.

Why I go to #cop28: ✅ because climate change is a global problem requiring cross-border mitigation & adaptation action; ✅ because we need to adapt now to protect lives and livelihoods (and yes mitigation is important too); ✅ because together we can make water the engine of climate adaptation; ✅ because I want to learn from others and want to contribute; ✅ because multilateralism is as good as we make it together; It is easy to be cynical about large summits. Don’t. See you at #COP28.Let’s get to work.

COP28 UAE and World Economic Forum unite for climate action. Discussions highlight the urgent need for global collaboration and innovation in emissions reduction. #ClimateAction #COP28UAE #Cop28 #COP28Summit https://lnkd.in/gyCPT22q

As the world converges in Dubai to discuss the impact of climate change and look for solutions to climate-related problems, Africa’s climate civil society movement is deeply concerned about the credibility of #COP28 #COP28UAE

climate change is possible!?

The Climate Change Act is a bold legislative step towards enhancing Kenya’s response to climate change. It significantly contributes to fulfilling Kenya’s international obligations under Africa’s Agenda 2063, the Paris Climate Change Agreement and the United Nations Agenda 2030 on Sustainable Development. In our latest insight, Mati Munuve, Andrew Njau and Lucy Mwaniki explore the highlights of the Climate Change Act and the multisectoral coordination approach towards climate change mitigation and the nascent opportunities for green investments in Kenya through carbon markets: https://bit.ly/3tOzaTb In the lead up to COP28, our team of specialists will be sharing regular insights into the key themes presented by the conference. Keep an eye out for these, including updates direct from the Blue Zone, on our Clyde & Co LinkedIn channel. #climatechange #kenya #carbonmarkets #COP28