‼️ OPEN ACCESS: Designing and implementing adaptation finance to account for the root causes of vulnerability is critical for advancing distributive equity. Zoha Shawoo, Katherine Browne, Nella Canales and Anisha Nazareth (SEI — Stockholm Environment Institute) identify need to consider: 🔹National and sub-national levels of distributive equity, so that the most vulnerable groups within vulnerable countries are targeted 🔹Utilization and implementation of adaptation finance, not just allocation ➡️ Adaptation finance providers should prioritize measures that enhance access to resources, support social protection schemes, enhance the capabilities and opportunities of groups, and protect human rights Read more ⤵️
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Great to see this work out in the world! Most analysis of equity in international climate finance focuses on the global level (which countries get what). We argue we must also look at distribution within countries and communities, especially for adaptation where the most vulnerable also tend to be politically marginalized. At these levels, it is not just a question of "who gets what," but what recipients do with the funding and whether it enables them to pursue climate adaptation they find meaningful and worthwhile. We will be building on this analytical approach in Namibia and the Eastern Caribbean this year, with partners University of Namibia and Caribbean Natural Resources Institute (CANARI). Stay tuned!
‼️ OPEN ACCESS: Designing and implementing adaptation finance to account for the root causes of vulnerability is critical for advancing distributive equity. Zoha Shawoo, Katherine Browne, Nella Canales and Anisha Nazareth (SEI — Stockholm Environment Institute) identify need to consider: 🔹National and sub-national levels of distributive equity, so that the most vulnerable groups within vulnerable countries are targeted 🔹Utilization and implementation of adaptation finance, not just allocation ➡️ Adaptation finance providers should prioritize measures that enhance access to resources, support social protection schemes, enhance the capabilities and opportunities of groups, and protect human rights Read more ⤵️
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Assessing the distributive equity of adaptation finance: a framework. The researchers looked at whether adaptation finance is enhancing access to resources, enhancing capabilities and opportunities of groups, ensuring social protection, protecting human rights, and more. https://lnkd.in/dkR6Z4wc
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🌎"Blended finance is not working" IIPP's Director Mariana Mazzucato highlights the shortcomings of blended finance for SDGs and advocates for a new approach to #SDG financing in her latest blog for the United Nations Department of Economic and Social Affairs. 🔗️Read more here: https://lnkd.in/etat2BPN
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🌎"Blended finance is not working" IIPP's Director Mariana Mazzucato highlights the shortcomings of blended finance for SDGs and advocates for a new approach to #SDG financing in her latest blog for the United Nations Department of Economic and Social Affairs. 🔗️Read more here: https://lnkd.in/etat2BPN
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🌎"Blended finance is not working" IIPP's Director Mariana Mazzucato highlights the shortcomings of blended finance for SDGs and advocates for a new approach to #SDG financing in her latest blog for the United Nations Department of Economic and Social Affairs. 🔗️Read more here: https://lnkd.in/etat2BPN
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From a new and critical United Nations report by Mariana Mazzucato on blended finance. “Although blended finance structures are designed to use limited public resources to catalyse private sector investment, the reverse is happening. In practice, concessional public finance is leveraging non-concessional public finance to support private initiatives, with limited participation from de-risked private capital”. Tristan Ace of AVPN rebuts in this Pioneers Post piece: https://lnkd.in/ePHwyX9w #impinv
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So important we understand this. How to bridge the gap in finance and purpose… ?
From a new and critical United Nations report by Mariana Mazzucato on blended finance. “Although blended finance structures are designed to use limited public resources to catalyse private sector investment, the reverse is happening. In practice, concessional public finance is leveraging non-concessional public finance to support private initiatives, with limited participation from de-risked private capital”. Tristan Ace of AVPN rebuts in this Pioneers Post piece: https://lnkd.in/ePHwyX9w #impinv
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Digital Transformation | Private Sector Development | Financial Inclusion | Program Management | AI Policy and Regulation
#blended #finance- an insightful debate.... 🏮#Concessioning #reduced by 55% in 2023 according to #Convergence- a blended finance authority. It attracted a #PALTRY but #SIZABLE 38% of target private sector capital in the same year. 🧩Is it time for a #change in approach? @Marriana Mazzucato lays out the myths and argues for a flip in its overall approach: #Her #take? - Instead of the public sector de-risking private initiatives, [how about it] steers private initiatives towards [carefully targeted] societal goals? And that's a seismic flip to suggest! 🎒Well, here's an richly packed thread of insightful submissions and counter premises on whether blended finance is realising its potential or ploughing its fair trail of misfirings. Check this out.....
From a new and critical United Nations report by Mariana Mazzucato on blended finance. “Although blended finance structures are designed to use limited public resources to catalyse private sector investment, the reverse is happening. In practice, concessional public finance is leveraging non-concessional public finance to support private initiatives, with limited participation from de-risked private capital”. Tristan Ace of AVPN rebuts in this Pioneers Post piece: https://lnkd.in/ePHwyX9w #impinv
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On #InternationalHumanRightsDay, let's urge development finance institutions to reconsider investments in countries with closed civic spaces. These institutions must prioritize human rights and use their influence to promote open and democratic societies✊🌍 As part of IAP’s work supporting rights Defenders, #IAP and the Coalition for Human Rights in Development published the report, “Financing Repression” to expose how development banks finance multi-million dollar projects in highly repressive contexts. The report highlights the limitations and risks for Defenders and the human and environmental costs of these investments. Download now: https://lnkd.in/gPcxJiaU
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