Webinar on Informing National Governments’ Efforts to Scale Up Finance for Adaptation: Where to next?
The substantial gap between the amount of financing required by developing countries to meet their climate change adaptation needs and current levels of investment must be closed if we are to achieve a climate-resilient recovery.
As the global community increasingly experiences the impacts of climate change, the need to scale up financing for adaptation becomes even more important. Efforts to scale up finance for adaptation, though, must be undertaken in a strategic manner. They should ensure that limited public sector finance is used in a targeted way to deliver country-defined adaptation priorities and, where possible, crowd-in private sector finance.
This webinar elaborates on the adaptation finance gap in developing countries, identifies the knowledge gaps that impede the capacity of developing countries to scale up financing for adaptation, and discusses ways in which these knowledge gaps might be overcome.
Examples is also shared of the different approaches developing countries are taking to diversify their finance for adaptation and align investments with their national adaptation priorities.
Scaling up finance for adaptation requires overcoming several barriers, including a need to increase knowledge within developing countries on issues such as:
- the benefits of integrating climate adaptation needs in investment decisions,
- the feasibility of using innovative financing mechanisms to expand finance for adaptation, and
- how public finance can be used strategically to leverage financing for adaptation from national and international sources, including multilateral development banks and the private sector.
These issues are explored though this virtual discussion, hosted by the International Institute for Sustainable Development (IISD) in partnership with the International Development Research Centre (IDRC).
Video
Presentation
Upcoming events
IGF 20th Annual General Meeting
Leading international mining policy forum, focusing on balancing the need for minerals with protecting people and the planet
2024 Investment Policy Forum
The 16th edition of the International Institute for Sustainable Development's (IISD) Investment Policy Forum will be held in Manila, the Philippines, in October 2024.
Launch of the Responsible Agricultural Investment (RAI) Tool for Agribusiness
This event will introduce the new RAI Tool for Agribusiness to potential users and explore opportunities to promote its uptake to advance responsible investment in agriculture.
What to Expect at HLPF 2024
What to expect as government leaders, civil society advocates, and stakeholders review progress and regress on the Sustainable Development Goals.