School of Global Affairs, King's College London’s Post

In a powerful breakout session with Bogolo Joy Kenewendo (Richard von Weizsäcker Fellow), Kathrin Henneberger (Die Grünen), and Dr. Grace Mbungu (APRI - Africa Policy Research Institute) with valuable insights from María Fernanda Espinosa Garcés, Carlos Alvarado Quesada, Kamal Amakrane, Farhana Yamin - critical conversations about #climatechange funding and #climatejustice took center stage.   📌 The session emphasized the economic imperative to focus on #adaptation and #resilience, highlighting the lack of real financial commitment to these areas.   📌 Climate change isn’t just a technical issue; it’s also an emotional one. We must attach more value to the human cost of climate change. There are real people at danger of loss of life, homes, livelihoods behind the climate statistics.   📌 For affluent and richer communities to understand this, the conversation needs to shift from "They (#GlobalSouth/ #Politicians) are making us do this" to "#ClimateChange is just as real for us as it is for them. We are in this together and need to address it together." 📌 Every #COP counts as it represents a coming together of a global community, briefly setting their differences aside, to figure out a way forward.   📌 As a global community, the human kind is currently the wealthiest in its entire history. We have the financial resources to address challenges, but they are concentrated in the hands of a few individuals and countries. It’s a matter of choice for them about where to invest their wealth and which pressing challenge to address. The emergency accorded to addressing wars and armed conflicts is often not granted to issues regarding #climatechange. It’s high time for them to rethink and renegotiate these priorities and for the #civilsociety to think of ways to put the renegotiation of the priorities high on the agenda of the policy- and decisionmakers. 📌The architecture of climate financing is currently not delivering and needs to be reimagined and transformed. This includes complex and painful conversations regarding taxation, subsidies , debt restructuring, governance of institutions.   This session on climate financing highlighted the pressing need for a more holistic approach - one that puts people at the center and emphasizes collaboration.   #ClimateJustice #ClimateChange #Sustainability #Funding #Adaptation #ClimateFinance

This is the right approach 🙂

Check out our new publication on how LIFE-AR is putting the #LLA principles into action with practical examples from the first cohort of Front Runner Countries. 

Developing countries face unprecedented challenges with high debt & a $4 trillion annual SDG investment gap. Advancing the yearly $500 billion SDG Stimulus pledged by world leaders can help rescue the #SDGs. ➡️ ThinkDeep and Tell Us as Member of Ken. G. Morka Foundation Grassroots Movement; Your Take on This???? #SDGreport #SDG17 #GlobalGoals #GrassrootsMovement

Operationalising the locally led adaptation principles is the gauntlet set out to donors, civil society, MDBs and other signatories. @LIFE-AR is sharing experiences from the implementation journey of LDCs in putting the LLA principles into practice, demonstrating what more effective and equitable adaptation looks like

Developing countries face unprecedented challenges with high debt & a $4 trillion annual SDG investment gap. Advancing the yearly $500 billion SDG Stimulus pledged by world leaders can help rescue the #SDGs. ➡️ ThinkDeep and Tell Us as Member of Ken. G. Morka Foundation Grassroots Movement; Your Take on This???? #SDGreport #SDG17 #GlobalGoals #GrassrootsMovement

Join us at #ClimateWeekNYC! IIED colleagues and partners will be a joining the following events today, 25 September: ✅ Charting a ‘roadmap’ for delivering resilience through ‘anticipatory social protection’ - It is projected that climate change could push an additional 100 million people into extreme poverty, drive 130 million into chronic hunger, and result in the global loss of 72 million full-time jobs by 2030. There is an urgent need to enhance resilience, particularly in the least developed countries (LDCs) and Small Island Developing States (SIDS). To address these challenges, IIED developed the ASPIRE (Anticipatory Social Protection Index for Resilience) diagnostic tool. This hybrid event hosted by IIED's Ritu Bharadwaj with partner Comic Relief will focus on translating the ASPIRE toolkit-based analysis into a comprehensive roadmap for scaling up anticipatory social protection. Register here: https://lnkd.in/e7KMMcNY ✅ LDCs and SIDS dialogue on good adaptation finance practices - Hosted by IIED, E3G and SouthSouthNorth, this event will present the key findings emerging from an evidence review of effective adaptation finance practices, featuring speakers from both donor and recipient countries. Recognising the urgency of transforming adaptation finance delivery, the LDC Group, Alliance of Small Island States (AOSIS) and the Champions Group on Adaptation Finance jointly called for an evidence review of effective adaptation finance practices from the perspective of both the fund provider and recipient. This collaborative dialogue will strengthen partnerships and explore sustainable, long-term solutions for adaptation finance for SIDS and LDCs. ✅ The Missing Trillions - We are still far short of US$4.5T per year needed to stay within a 1.5°C pathway consistent with the Paris Agreement. The Missing Trillions is an initiative aimed at driving systemic risks and opportunities in climate finance. Over the past year, the initiative has been exploring overlooked leverage points that can accelerate the climate finance gap.  IIED's Paul Mitchell and Dr Lindlyn Tamufor Moma will join this event hosted by Metabolic which will present 'lightning talks' providing space for a structured exploration of systemic risks, barriers and opportunities in climate finance. Join them for the lightning talk, 'Barely a trickle: connecting capital to local communities'. Reserve your spot now: https://lnkd.in/d_BrwQmT #adaptation #finance #resilience #SocialProtection #LDCs #SIDS

"The latest United Nations Sustainable Development Goals report paints a stark picture: We are behind on 80% of our global targets and 30% have stalled completely or gone into reverse, including key targets on poverty, climate and hunger. To have any chance of rescuing the #SDGs, the United Nations says we need to fill a $4.2 trillion funding gap, but global governments are not stepping up. In the last year, official development assistance (ODA) has been cut by many of the biggest global funders, including the U.S., UK, Germany and France. Businesses can play a critical role in filling some of this financial hole and in catalysing government action and public support. Growing stakeholder and consumer demands, along with emerging regulations, are driving more environmental, social and governance (ESG) activity. However, it’s critical that these good intentions achieve the maximum impact." Reuters https://lnkd.in/ewSJakCz

LIFE-AR, an #LDC led and LDC owned initiative was developed to respond to “Business-As-Usual” approaches, and to challenge #powerdynamics that affect delivery of #ClimateFinance to the local levels. Finance for #climateaction is not accessible to LDCs at the speed and scale needed to adapt to #climaterisks and #uncertainty. Less than 5% of total public #adaptation finance provided between 2016-2021 reached the LDCs. To reshape the climate finance landscape, the LDCs established a principles-based partnership between themselves and development partners. LIFE-AR seeks to strengthen country #systems, #institutions and #capabilities for the long term to access more predictable, patient and long-term climate finance. LIFE-AR aims to deliver at least 70% of climate finance behind #community priorities and in alignment with the Locally led Adaptation principles. In this publication, we demonstrate how LIFE-AR is practically delivering on LLA principles with examples from across the 6 Front Runner Countries. We are still on a journey and will continue to share lessons, challenges and areas that still need reforms. Thanks to our international compact signatories who are so far funding LIFE-AR; -UK -Foreign, Commonwealth and Development Office, Department of Foreign Affairs, Ireland Environment and Climate Change Canada U.S. Department of State Happy reading and share widely with LLA community! International Institute for Environment and Development (IIED) Tom Mitchell Paul Mitchell Larissa Setaro Ebony Holland Pia Treichel, PhD Sam Greene Maryline Mangenot Lilian Motaroki JAMES PERSAD Ritu Bharadwaj Clara G. Clare Shakya Binyam Yakob Gebreyes Edwin Obiero Bethany Donithorn Liam Upson Vincent Gainey Tracy C. Kajumba https://lnkd.in/e4K3qXdb

Good institutions are the pillars of a strong economy. They are the backbone of investments and the guarantors of a resilient and sustainable business environment. Over the past few days, I’ve been engaged in discussions on governance and the responsibilities of institutions—not just towards shareholders, but towards the environment and society they operate within. These conversations have reaffirmed my conviction that the impact of institutional decisions on the broader societal fabric and natural resources should be a top priority. In Jordan, we are at a pivotal moment. It’s time for our institutions to wake up to the reality that neglecting the environmental, social, and governance (ESG) aspects of their operations doesn’t just create risks for them; it poses long-term risks to the economy, the community, and the planet. #ESG #Environment #Governance #Society #Jordan #PrivateSector #Economy #Institutions