Events

Side event

Financing locally-led action for people, nature and climate in the Decade of Action

Date: Friday, 3 June 2022
Where: Stockholm+50, Stockholmsmässan, room 2, Mässvägen 1, Älvsjö, Stockholm
A group of men and women lean over a table and discuss the maps placed there.

A community meeting discussing reconstruction of village hit by volcanic eruption in Yogyakarta, Indonesia (Photo: Nugroho Nurdikiawan Sunjoyo/World Bank via Flickr, CC BY-NC-ND 2.0)

This Stockholm+50 side event explored how leaders can finance locally-led action for people, nature and climate through the Decade of Action

Locally-led action is critical for addressing the triple crisis of nature, climate and poverty over the Decade of Action.

Yet research shows that finance and decision-making is not reaching the local level in sufficient volumes or in ways that enable Indigenous Peoples and Local Communities (IPLCs) to influence decision-making, have agency over nature, climate and development actions, and control over finances and resources.

Ensuring stronger political will and commitments to support locally-led action through the Decade of Action should be a key legacy of Stockholm+50, as leaders across the world regroup to reflect on the 50-year sustainable development journey and turn their minds to what more is needed.

This Stockholm+50 official side event on Friday, 3 June, co-hosted by IIED and Sida, highlighted how leaders can drive forward the transformation needed at all levels to enhance support for just, equitable and locally-led action through the Decade of Action.

We brought together speakers and researchers from IPLC groups, governments and the finance sector to share their lived experience, presented research and identified the solutions for the uptake of critical solutions.

The event was guided by IIED’s new report for Stockholm+50, commissioned by Sida, 'Money where it matters for people, nature and climate: driving change through support for local level decision-making over resources and finance'.

Contact

Anne Schulthess (anne.schulthess@iied.org), marketing manager, IIED's Communications Group