Climate Finance


The economic case for investing in climate adaptation is strong. Benefit-cost ratios range from 2:1 to 10:1. Yet, money is not flowing at the pace or scale needed and there is a need to shift the way investment decisions are made to account for climate risks, scaling up and deploying public finance more effectively, scaling disaster risk finance and insurance, as well as harnessing private capital for resilience.

  • Mainstream Climate Adaptation and Resilience across decision-making
  • Scale up Climate Adaptation and Resilience Finance
  • Innovative Finance Instruments

Contact Info

For more information on this program, or to get involved, please contact:

Maria Tapia

Program Lead Climate Finance
maria.tapia@gca.org

Goal for 2025

Promote new financial instruments and risk-transfer mechanisms to mobilize both public and private investment in adaptation; and stimulate a resilient recovery, ensuring that the $12 trillion planned for pandemic recovery packages are also used to increase resilience towards future climate change impacts.

Mainstream Climate Adaptation and Resilience across decision-making

Goal for 2025

A climate-resilient recovery, with new measures and commitments from public and private sectors

Description

Mainstreaming climate resilience across financial decision-making so that climate risk is formally incorporated into investment and policy frameworks.

Scale up Climate Adaptation and Resilience Finance

Goal for 2025

Significantly scale up Climate Adaptation financial flows and close the financing gap for adaptation

Description

Scaling up near-term finance by seeking commitments from multilateral development banks, development-finance institutions, donor countries, national governments, philanthropic organizations, and the private sector to increase their pledges of annual adaptation finance, and to achieving a better balance between adaptation and mitigation.

Innovative Finance Instruments

Goal for 2025

Facilitate the development and implementation of new finance instruments and guarantees focused on climate adaptation and resilience.

Description

Developing innovative finance instruments to incentivize investments in adaptation and resilience. For example, new resilience bonds with a focus on particular locations and sectors.

Blog

Technical and Whitepapers

Green Bonds for Climate Resilience – A Guide for Issuers

This Guide is intended to encourage and support a greater number of actors, and the banks that are financing them, to issue green bonds to tap the capital markets to raise the finance needed for climate adaptation and resilience. Encouraging and supporting these early movers would in turn help to create a virtuous circle of greater issuer and investor experience and confidence to catalyse the mobilisation of finance for climate resilience action at scale.

28 October 2021

This report was prepared by the Climate Bonds Initiative for the Global Center on Adaptation, in cooperation with the European Bank for Reconstruction and Development (EBRD).

Financial Innovation for Climate Adaptation in Africa

This report provides an overview of existing adaptation finance flows in Africa and identifies opportunities to increase the volume and efficacy of that finance.

25 October 2021

Morgan Richmond, June Choi, Rajashree Padmanabhi, Amanda Lonsdale, Jamal Saghir (Chair), Ede Jorge Ijjasz-Vasquez, Ian Noble, Michiel Schaeffer

Innovative Financing Models for Private Sector Investment in Nature Based Solutions for Adaptation

The Global Commission on Adaptation’s Action Track on Nature-Based Solutions (NBS) hosted a virtual workshop on Innovative Financing Models for Private Investment in Nature-Based Solutions for Adaptation on 14 October 2020.

23 January 2021

Global Commission on Adaptation

Contact Info

For more information on this program, or to get involved, please contact:

Maria Tapia

Program Lead Climate Finance
maria.tapia@gca.org

Other Programs