Acumen’s Post

Currently, the more than 1 billion people around the world are living in informal settlements — their homes often lack basic services, land tenure security and climate resilience. With the continues impact of Climate Change this number is set to drastically rise by 2050. Through our Home Equals campaign we're advocating for global leaders to take action, calling attention to the opportunity to promote climate adaptation in the places where people need it most, especially in informal settlements. Pledge your support here: https://loom.ly/MJhN13k

Great to take stock of the #RaceToResilence campaign and see the impact in numbers! Race to Resilience, the adaptation-focused sibling campaign to Race to Zero, builds adaptive capacity and strengthens the resilience of vulnerable rural, urban and coastal communities in 139 countries. These collective commitments demonstrate that non-State actors are united in creating an inclusive, resilient, decarbonized economy and encourage national governments to strengthen their contributions to the achievement of Paris Agreement goals. 

During #ClimateWeekNYC, I had the opportunity to participate in several important events, including one co-hosted by ImpactAssets, part of the Justice Climate Fund. The key takeaway I shared? While climate change is a critical global issue, we must focus our investments on communities of color, who are disproportionately affected by its impact. Research—including our own at the National Bankers Association—continues to show that communities of color are hardest hit by climate change. It’s not just about investing in climate—it’s about ensuring the communities that bear the brunt of these challenges are included in the solutions. #ClimateJustice #CommunitiesOfColor #ImpactInvesting #SustainableChange

Closing the climate finance gap is key to scaling locally-led climate action. SNV is empowering local businesses through innovative financing mechanisms and partnerships, ensuring they have the tools to adapt to the escalating impacts of the climate crisis. Let’s bridge the gap for a climate-resilient future. 🔗 Read more: Local action for global impact | SNV #ClimateFinance #LocallyLed #ClimateAction

As a member of the committee, I had the privilege of attending a recent event featuring previous Welsh First Minister Carwyn Jones, where we engaged in a compelling debate on the critical issue of capitalism versus climate change. I posed the question, "How can we best avoid exacerbating inequalities? Should we prioritise climate change or capitalism?" The discussion was both insightful and thought-provoking. I look forward to further dialogues on these vital topics. #CapitalismVsClimate #Inequality #Debate #CarwynJones

*Marketing material for UK professional investors only* Our climate engagement strategy is built on three key principles: aligning climate expectations with investment priorities, engaging across the value chain, and combining engagement with investment decisions to manage climate risks.  Four years after the launch of our Climate Transition Action Plan, find out how our engagement-first approach is working: https://okt.to/AuyHhT Simonetta Spavieri Hannah Shoesmith Kimberley Lewis Andrew Howard #ClimateEngagement #SustainableInvesting #NetZero #Climate #Sustainability

🌏 As climate change impacts intensify, local-led adaptation is vital. It allows communities to tailor solutions that meet their unique needs and challenges. Additionally, establishing a robust loss and damage fund is essential to support those already facing the consequences of climate disruption. Let's empower local initiatives and ensure financial mechanisms are in place to mitigate and adapt effectively. Together, we can build resilience and a sustainable future. #ClimateAction #LocalAdaptation #LossAndDamageFund

Smallholder farmers, Indigenous People/Traditional Knowledge Holders, fisherfolk, refugees, and others on the frontlines of the climate crisis need more funding to #adapt, everyone knows that. But they also need more financial services (like insurance, credit/loans, savings, digital payments) to adapt effectively. And importantly, these financial services need to be inclusive (e.g. - bank accounts targeted at low-income, remote, or digitally illiterate people; - gender-intentional credit scoring that allows women to access more loans, thereby enhancing their resilience; - inclusive insurance for farmers that adequately covers climate-related incidents;) Ensuring that #ClimateFinance reaches those that need it most, and that climate finance is provided in tandem with inclusive financial services, is essential for the #JustGreenTransition. Read more about the connection between climate action and inclusive finance in CGAP's recent publication: https://cgap.pub/45ggrOT

There is a clear need to increase and channel climate finance flows through key value chain actors and formal financial institutions. This will enable vulnerable populations to adopt sustainable solutions for climate adaptation and strengthen their resilience. ADA is working towards this goal through our new program, the Inclusive Climate Finance Initiative (ICFI). Get in touch to know more! #adaptation #inclusiveclimatefinanceinitiative #ICFI #adamicrofinance #climatefinance

Knowing how to get started in climate philanthropy can be a challenge. Read about five ways to approach climate giving, and let's discuss how I can help you maximize your efforts.