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 Latin America Forum
Focusing on the theme of financing for green and resilient cities, this Forum will offer capacity-building and networking opportunities for cities across Latin America.
NATURE-BASED SOLUTIONS FOR CITIES RESILIENT TO CLIMATE CHANGE
The report compiles different approaches to NbS to Latin America cities, as well as regional information, tools and evidence to guide urban planning, strengthening planning and decision-making for long-term resilience strategies.
Financing NatureBased Solutions for Adaptation at Scale: Learning from Specialised Investment Managers and Nature Funds
This report reviews global nature finance to map pathways for Bangladesh, focusing on overcoming barriers like NbS novelty, local specifics, low returns, complex benefits, and policy shortcomings to build private markets for adaptation.
Local Climate Action at the Forefront: How the UNEA-6 Cities & Regions Summit Elevated the Needs and Potential of Subnational Governments
During this Summit, mayors and regional leaders sounded a powerful call for innovation and collaboration to support and finance climate action on the ground.