Focus of funding


Adaptation finance

Fishing among the Paddy Field, Jamalpur, Bangladesh. Source: flickr/Michael Foley Photography http://www.flickr.com/photos/michaelfoleyphotography/340953955/
Adaptation refers to the actions made in response to both actual and expected changes in the climate that reduce vulnerability to these changes. Meeting the costs of adaptation to climate change in developing countries is a major challenge for the international community; the  UNFCCC  projects costs in the range of $28 – 67 billion per year for such countries by 2030. How is funding to adaptation faring?

REDD-plus finance

REDD refers to a suite of activities aimed at reducing greenhouse gas emissions from deforestation, forest degradation, forest conservation, sustainable management of forests and the enhancement of forest carbon stocks. Seven major bilateral and multilateral funding initiatives have been recently created to support Reduced Emissions from Deforestation and Forest Degradation plus conservation (REDD+). What finance are they delivering, and where to?

Mitigation finance

Darling National Demonstration Wind Farm in Cape Town, South Africa. Source: flickr/warrenski http://www.flickr.com/photos/warrenski/2529220364/in/photostream/
Mitigation refers to human interventions that reduce the emissions or enhance the sinks of greenhouse gases. The imperative to take action to mitigate climate change impacts has never been more urgent. Despite international efforts, greenhouse gas emissions continue to rise.  Are the funds delivering the support required?