The private sector generates more than 60 percent of gross domestic product, and micro and small enterprises in developing countries provide around 60 percent of all jobs. So boosting businesses’ resiliency is critical for boosting community resiliency.
Enabling Small Businesses in Developing Countries to Adapt to Climate Change
Small businesses are critical yet often overlooked players in climate change adaptation. This report offers specific policy interventions for policymakers, climate finance providers, and large corporations to engage small businesses in adaptation efforts, enabling them to build their own...
A new report shows how civil society groups can track the flow of adaptation funds and ensure money is used productively.
In Paris today, a coalition of more than a dozen African countries, nine financing organizations and 10 technical partners announced a new initiative called the African Restoration Initiative (AFR100), with the goal of restoring 100 million hectares of degraded and deforested land in Africa by 2030.
Promoting Social Accountability in Adaptation Finance
Civil society has the power to make adaptation finance more transparent and accountable. The Adaptation Finance Accountability Initiative (AFAI) has developed a proven set of methods that civil society organizations can use to track the flow of adaptation funds and push their governments to...
"Today, as negotiators haggle over the details of a climate agreement in Paris, my home town in southern India is literally underwater," says Arivudai Nambi Appadurai, WRI India's Adaptation Strategy Head for Climate Resilience Practice. "Chennai has seen 17 days straight of rain, precisely the kind of extreme weather event that experts say will only become more common in a warming world."
While much of climate change discussion focused on critical issues of reducing emissions to avoid dangerous levels of warming, it is important to remember that warming is already happening, and that it contributes to worsening drought, floods, extreme weather and other serious impacts. Encouragingly, action to adapt to these impacts are also part of the discussion at the Paris climate talks currently underway.
The Adaptation Fund and Green Climate Fund are unique in that they provide climate finance directly to national institutions in developing nations. Here’s how countries can meet the Funds’ requirements to help finance mitigation and adaptation activities.
Climate finance is essential for enabling developing countries to both reduce their greenhouse gas emissions and build resilience to the impacts of a warming world. Watch for six signs over the next two weeks to see how COP 21 makes progress in this area.
Nearly 90 percent of countries that submitted new climate action plans included an adaptation component, reflecting the growing importance nations are placing on resilience in their response to climate change.