Climate Change Finance Programme
Climate change is one of the most important issues facing the international community, and one that demands an urgent global response. Moreover, since land degradation, deforestation, climate variability and poverty are interconnected, the various sources of funding available need to be combined, as far as possible into a financial “package” to increase their impact.
The GM’s Climate Change Finance Programme supports the regional programmes in implementing integrated financing strategies (IFSs) at the request of country Parties. The programme is primarily concerned with accessing climate change financing mechanisms and integrating them into the GM’s broader IFS process, with the ultimate objective of ensuring adequate, sustained investment flows into SLM to the benefit of rural populations living in fragile and/or degraded landscapes.
The programme focuses on:
- facilitating the knowledge and skills required to identify opportunities for mitigation and adaptation in the agricultural, rural and land use sectors so that UNCCD country parties can benefit from climate change financing mechanisms;
- helping secure finance to support the implementation of mitigation and adaptation projects in the agricultural, rural and land use sectors, within the framework of the IFS; and
- contributing to the convergence of the UNCCD and the UN Framework Convention for Climate Change (UNFCCC) policy dialogue, by developing conceptual arguments, particularly on issues related to the future of financial mechanisms for greenhouse gas mitigation, adaptation funding and carbon trading to be defined in the post-2012 international climate change regime.
Programme activities
To date, the activities undertaken include:
- developing and launching a Climate Change Investment Facility platformto mobilize resources from private sector entities interested in investing in emissions’ reductions and adaptation in the agriculture, forestry and land use sectors
- developing and increasing cooperation with IFAD – for example, in the mitigation of climate change in Vietnam initiative and in partnership with IFAD’s Asia and Pacific division
- cooperating with and supporting the Common Market for Eastern and Southern Africa (COMESA) in the conceptual development of the COMESA Climate Change Initiative
- supporting the MESOAMERICA Sub-regional Strategy on Climate Change, particularly on designing approaches and measures to enable SLM to be used as a tool for adaptation to climate change
- supporting Morocco and Cameroon in developing projects that could be eligible for attracting climate change-related funding
- developing a Designing Integrated Financing Strategies (DIFS) capacity enhancement module on climate change finance mechanisms to support stakeholders in identifying investment opportunities for SLM/UNCCD
- developing guidelines on the potential of Reducing Emissions from Deforestation and Degradation (REDD) to combat degradation and promote rural development.
For more information
Mr. Alejandro Kilpatrick
Programme Coordinator, Climate Change Programme
Tel. +39 06 5459 2524
a.kilpatrick@global-mechanism.org
Ms. Saveis Joze Sadeghian
Advisor, Climate Change Programme
Tel. +39 06 5459 2625
s.sadeghian@global-mechanism.org
Related Links
Visit EcoSecurities' Website
Read more about the GM's experience with CES in Ecuador
The GM's Climate Change Information Kit