top of page

Channels Opening Up to Get Climate Funding Where Needed

Funneling global cash for climate change action down to the local level, where it's most needed, is the holy grail of climate finance. But progress is being made in both East and West Africa, the recent U.N. climate conference in Marrakesh heard.

Models are being built in Kenya, Tanzania, Senegal and Mali that can push climate funding from different sources through government channels, all the way to communities that are deciding how to spend it themselves.

"We need to develop mechanisms that get the money to where it matters, to the poorest countries and to the climate-vulnerable," Ethiopian meteorologist Gebru Jember Endalew told an event at the Morocco talks, organised by the International Institute for Environment and Development (IIED) and the International Federation of Red Cross and Red Crescent Societies.

Endalew, the incoming chair of the group of least-developed countries at the climate negotiations, said those 48 countries had seen very little international climate finance so far.

Only 8 percent of the total amount committed to help developing countries has actually been disbursed, he noted, and only a small percentage goes to the poorest countries.

IIED and other development groups involved in the Building Resilience and Adaptation to Climate Extremes and Disasters (BRACED) programme funded by the UK government are trying to change that.

kev-shine

bottom of page