Making blended finance work for nature-based solutions
This report explores innovative financial instruments for climate action and nature conservation, with a focus on Green Climate Fund's catalytic approaches and blending mechanisms for maximum impact.
Within Green Climate Fund’s portfolio of existing projects and pipeline of proposals for approval, the instruments mentioned do not come as standalone items but as part of larger financial systems and reforms which are tailored to specific needs and to achieve maximum impact. This paper describes the experiences of GCF and its partners in designing examples of these and other blended finance mechanisms and concludes with two messages. First, while these instruments can individually be perceived as standalone tools, they are most effective when combined and sequenced appropriately as part of a programmatic approach. Secondly, it is the needs of the beneficiaries capable of achieving an impact, whether in terms of climate or biodiversity or preferably both, which should determine the structure and composition of financial mechanisms rather than the other way around.
UrbanShift at World Urban Forum: Scaling-up Financing for an Urban Shift towards Nature-Positive and Climate-Resilient Cities
Drawing from the experience of UrbanShift cities, this dynamic discussion will focus on scaling up finance to strengthen SDG action in cities.
Unlocking Urban Finance: The Vital Role of Project Preparation for City Projects
As cities work to develop and implement transformative climate projects, access to finance is critical. Project Preparation Facilities (PPFs) can help cities ensure their projects are structured to attract funding.
Accelerating Nature-Based Solutions in Brazilian Cities
This practice note from WRI Brasil shares insights from the program's Nature-Based Solutions Accelerator.
Adaptation Finance Academy for Indian Cities
This three-day event will connect Indian cities with the finance sector to accelerate investments in urban nature projects.