Events

Webinar

Reforming climate finance to support locally led adaptation: principles for moving to business unusual

Date: Wednesday, 18 November 2020
Where: Online
Two people planting rice.

Two people planting rice in Gazipur District, Bangladesh (Photo: Fardouse Lomat Jahan Rumpa via Unsplash licence)

This online event on November 18 discussed how finance flows must enable actors at the local level to lead the development and design of climate adaptation solutions.

There is global consensus on the need for actors and institutions at the local level to lead the development and design of adaptation solutions. Changes in finance flows, policy frameworks and organisational practices are needed to bring about this vision of locally led adaptation.

Evidence suggests that if we localise the way we plan, finance and deliver climate, nature and poverty solutions, more just solutions will be delivered by virtue of being closer to those most affected and with least voice. Working on the local level can also deliver more integrated, context-specific, agile, efficient, democratic and accountable solutions to and for the poorest and most excluded people.

This interactive session organised by IIED and the World Resources Institute (WRI) at London Climate Action Week on Wednesday, 18 November, included ‘Hard talk: committing to locally led adaptation’ – a mock-interview presenting a vision and principles for locally led adaptation. We also crowdsourced ways of holding these actors accountable to commit to the promotion of locally led adaptation by enabling finance flows, policy frameworks and organisational practices.

The session:

  • Presented a vision and principles for locally led adaptation,
  • Provided examples of how these principles imply changes to existing adaptation financing approaches and help achieve 'business unusual', and
  • Explored how adaptation actors/institutions align with these and what more is needed.

Contact

Larissa Setaro (larissa.setaro@iied.org), senior coordinator, IIED's Climate Change research group

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