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Transforming Climate Finance to Radically Transform Societies: The Case of Green Climate Fund Funding

4 November @ 14:15 - 15:30 EDT

Free

Join CIDSE on Nov. 4 for an expert panel discussion on “Transforming Climate Finance to Radically Transform Societies: the Case of Green Climate Fund Funding.”

In the context of COVID-19, climate ambition entails not only lowering greenhouse gas emissions, but also recovering effectively by addressing climate impacts, food security, poverty and inequality holistically. Climate change has a direct impact on communities, (small scale) food producers, and civil society organisations (CSOs) operating at the local level in many developing countries.

Because they are based on local realities, including the needs and knowledge of local actors, locally-driven, innovative climate-response measures are highly effective in promoting climate adaptation and resilience, ecosystem recovery, low-carbon emissions, and sustainable development.  The scaling up of climate finance will be a pressing issue at COP26, with the review of the second commitment period being particularly important.

The GCF has committed to becoming a paradigm-shifting and transformative fund for low-emission and climate-resilient development, dedicated solely to climate financing in developing countries, with a focus on both mitigation and adaptation. However, our studies have shown that barriers for CSOs to access GCF funds exist and are systemic, massive. Our studies also show that agroecology receives minimal support from the fund while it is now recognized to be key to food system transformation we dramatically need and to cope with the multiple crises we faceAddressing, reducing and overcoming these barriers as well as increasing the quality of funding for agriculture will be essential for the Fund to fulfill its mission of transformative change-making.

Learn more & register here.

For further relevant reading, see this CIDSE study: “Improving civil society’s limited access to the Green Climate Fund.”

With questions about the event, please contact Lydia Machaka, CIDSE Climate Justice Officer, at machaka(at)cidse.org.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com. For more information on the NGO Committee on the Rights of Indigenous Peoples, please visit facebook.com/NGOCoRIP