This report from UK think tank the IIED looks at lessons for strengthening devolved climate finance.
Society’s poorest, most marginalised and excluded people have little say on the triple crisis of climate change, nature’s degradation and poverty; yet they are most affected by it. Climate finance is a key resource to help them deal with the impacts of this crisis. This paper uses six criteria for ‘good climate finance’ and a positive deviance approach to draw lessons from six international climate funds and two development financing mechanisms to understand where climate finance is being delivered effectively to support locally led solutions. Based on this, it also presents recommendations for how climate finance could better support local actors to access and deliver the climate finance that they need to build their own climate and nature-positive solutions.Read Full Report