Money where it matters for people, nature and climate: driving change through support for local level decision making over resources and finance
This report provides practical recommendations for governments, multilateral development banks, global funds and intermediaries at Stockholm+50, to drive change for people, nature and climate through locally-led action in the Decade of Action.
It explains the rationale for supporting locally-led action, and highlights trends and examples where the transition is under way. The report builds on many years of research by IIED, its partners and others on the importance of shifting decision-making power, financial flows and resources to the local level to support local priorities, needs, interests, rights, solutions and implementation.
While this report is written in the context of Stockholm+50, it remains relevant to other development, climate and nature meetings over the coming years, including international meetings of the UN Framework Convention on Climate Change (UNFCCC) and the Convention on Biological Diversity (CBD).