Reminder! 🚨The Q&A webinar about USAID's Safeguarding Carbon Markets Challenge will take place tomorrow, Tuesday, July 9, 2024, at 9:00 AM Eastern Daylight Time. Join us to hear answers to all of your questions about this opportunity to win up to $500,000 in funding!
Register: https://lnkd.in/ePF-aPEwBHP Foundation | The World Bank's Global Partnership for Social Accountability (GPSA) | Resonance
Looking forward to speaking at the AMEC Measurement and Evaluation Not-for-profit member knowledge series next Tuesday!
We'll be discussing:
💡 How activists engage with & talk about AMEC Not-for-profit members, including Multilateral Organisations and Development Banks (and how that's different to their targeting of the private sector).
💡 Why it's vital that these organisations monitor and engage with activism in the same way that businesses do.
If you're an AMEC NFP Member, you can sign up below:
https://lnkd.in/d99Gg3_gSIGWATCH#understandingactivism
The latest policy brief by the Global Financial Integrity (GFI) titled “How regional frameworks can be leveraged to facilitate the implementation of beneficial ownership reforms at regional and country levels.” delves into the crucial role of regional organizations in advancing beneficial ownership transparency reforms across regions.
The policy brief assesses the roles and impact of regional frameworks, notably the East Africa Community (EAC), the Economic Community of West African States (ECOWAS), the Common Market for Eastern and Southern Africa (COMESA), and the Southern African Development Community (SADC).
With the aim to develop insights into the ways regional collaboration might expedite beneficial ownership transparency reforms, therefore enhancing the effectiveness of efforts to avert illicit financial flows.
https://lnkd.in/eGwXxYJA#FinancialIntegrity#RegionalDevelopment#RECs
Oxfam’s latest report on their impacts promises to be an interesting resource for evidence-informed decision-making in women’s empowerment and gender equality! The insight on valuing women’s work brought some good memories and reflection from the work we published with colleagues at International Initiative for Impact Evaluation (3ie) and South Africa Centre for Evidence NPC (Meital Kupfer, William Ridlehoover Shannon ShislerPromise M NdukuLaurenz Mahlanza-Langer) on women’s empowerment and gender equality in fragile and conflict affected situations 📊:
🚀 “80% of projects pursuing broader dimensions of women’s empowerment were found to have a lasting positive impact after project completion.”
➡️On our side, despite this overall positive effect, we also noticed relatively small effects of interventions—and mostly, the effects were on outcomes directly tied to the intervention’s purpose (e.g., asset transfer boosted asset ownership, capacity strengthening improved life skills etc.) Only a few interventions generated positive impacts further down the empowerment causal chain. Development programming can still improve to enable empowerment across the full causal chain and increase the size of effect. Eager to learn the methods behind that 80% and on effect sizes as it appears as an interesting complement to our findings!
💪 “We see particularly strong changes around women’s own beliefs and attitudes, for example in joining community groups”
➡️That’s a very interesting point and it resonates with our findings! Empowerment goes beyond skills and resources—it’s also about empowering from within and building confidence. A bit of nuance in our findings, though—we observed a difference between feeling empowered (e.g., women have increased levels of confidence) and being socially empowered (e.g., women participate in decision-making at home or in the community) as we noticed the former didn't systematically lead to the latter. It’s important to acknowledge and narrow that gap by improving the targeting of women, and the social groups they may interact with as it might facilitate this transition from individual to social empowerment. In fact, in our review, we found that local role models (both women and other local leaders) can be an effective catalyst for change!
Oxfam GB, thank you for the insights and over 100 evaluations published in the last 10 years! 🙏 I’m looking forward to learning more—especially the approach behind the report and what comes next on how we can keep improving the production and use of evidence for decision-making in this sector.
If you want to know more about the great work on evidence from Oxfam or about our report on women’s empowerment interventions in FCAS: you can find the 3ie review and Oxfam’s blog below 👇
https://lnkd.in/e-gX9NYK
I’m thrilled to share Oxfam's latest report 'Oxfam's Impact: A decade of insight' (https://lnkd.in/e4kptJbc), alongside a blog outlining the key findings (https://lnkd.in/eRTfapGZ). The report takes a deep dive into over 67 Impact evaluations carried out since 2011, and provides honest insights into where we are seeing change and where we are not. We also introduce our new approach to learning and accountabilty, an effort to understand impact across portfolios of work targetting systemic change.
When myself and colleagues first developed the idea of analysing Oxfam's Impact evaluations across 10 years, I assumed the challenge would be a methodological one. And it was, to a degree. What I did not expect is what I would learn along the way about what it takes to get to a shared language to communicate impact in its simplest terms. A huge thankyou goes out to the many people involved in making this report a reality, especially Hannah Davies and Tillie Peacock, and for those who spent years carrying out the evaluations that make up this report - Jaynie V., Alexia Pretari, Simone Lombardini.
The Philippines has a historic opportunity to champion climate justice on the world stage by hosting the Loss and Damage Fund (LDF) Board.
The newly established LDF is a financial lifeline for vulnerable developing countries bearing the brunt of climate change’s devastating impacts. The fund aims to address both the economic and social costs of these impacts, helping vulnerable nations rebuild and adapt.
Serving as the LDF’s decision-making body, the Board must ensure swift and equitable distribution of resources to those facing the harshest realities of climate change.
To do this, Climate Reality Philippines highlights three (3) key areas to focus on:
🔑 Speed and scale: The Board needs to act swiftly to mobilize available resources based on fairness and inclusivity, and in accordance with the recipient countries’ needs, priorities, and systems.
🔑 Direct access and equity: To urgently deliver finance down to the last mile, the Board must ensure that the LDF will not replicate complex and often bureaucratic processes of existing modalities in other climate funds.
🔑 Predictability and certainty: The LDF must establish a reliable system for securing future resources. Its replenishment system should be aligned with the New Collective Quantified Goal on Climate Finance (NCQG).
Financing loss and damage is no easy feat. The LDF Board and its host country need all hands on deck.
In this spirit of collaboration, we urge the Philippine government to ensure the meaningful participation of civil society organizations (CSOs) in shaping the LDF’s structure, rules, and processes.
The LDF Board must open the floor for a wide range of stakeholders to engage in crucial discussions, as well as demand efficiency from the operating entity of the fund. This will strengthen the LDF’s effectiveness and ensure it serves the communities most in need.
#FairFinance#LossAndDamage#LeadOnClimate#ClimateRealityPH
📢 Have your say – European Commission consultation on ‘Do No Significant Harm’
The European Commission has launched a targeted consultation on the application of the ‘Do No Significant Harm’ (DNSH) principle. This consultation, undertaken in the context of the Social Climate Fund, offers a valuable opportunity for practitioners to share their experiences of applying DNSH within their operations.
We encourage all fi-compass practitioners to participate and provide feedback on working with DNSH in the context of financial instruments. Your insights are essential for shaping future policies and practices.
🗓️ The closing date for the consultation is 13 August 2024. Don’t miss this chance to contribute!
For more information and to participate in the consultation, please visit: https://lnkd.in/eyn4ku7r#Sustainability#DNSH#EuropeanCommission#SocialClimateFund#ficompass#FinancialInstruments#EnvironmentalImpact#Consultation#PolicyFeedbackEuropean Commission | European Investment Bank (EIB)
A joint development finance institution of the Nordic countries, the
Nordic Development Fund (NDF) focuses on climate change-resilient development in Asia, Africa, and Latin America.
Since 2011, NDF has partnered with ADB and provided $89 million in total
commitments to projects and trust funds.
Today, ADB and NDF are in talks to discuss their shared priority areas of climate change mitigation and adaptation, resilience, natural resources management, and capacity building.
More on NDF and ADB's partnership in the Partnership Report 2022 here:
https://lnkd.in/gzQDuTPP
The Task Force on Nature-related Financial Disclosures (TNFD) is a global initiative that mirrors the framework of the Task Force on Climate-related Financial Disclosures (TCFD). Its primary goal in the banking sector is to financial institutions to assess, manage, and disclose their nature-related financial risks and opportunities. TFND implications include banks having to incorporate nature-related risks into their risk assessment frameworks and these banks will also have to evaluate their loan portfolios in terms of their exposure to nature-related risks. I'm curious to understand the cost implication from a reporting perspective and the turn around time.
Senior Manager, Sustainable Finance at WWF International
During NY Climate Week on 18th September 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) launched its final reporting framework for companies and financial institutions managing and disclosing nature-related risks and opportunities.
Tomorrow, 6th November 2023 we will be unveiling the TNFD recommendations in Kenya. Looking forward to an engaging conversation with my fellow panelists.
#TNFD#NaturePositive#SustainableFinanceKe.
WWF-KenyaWWFKenya Bankers AssociationFSD Africa Kenya Private Sector Alliance (KEPSA)
On the sidelines of the #OPECFundDevForum, we spoke to Ferid Belhaj, Vice President for Middle East and North Africa at The World Bank, about taking a strong affirmative stance on #climateaction and how the World Bank’s new roadmap will translate sustainable development policies into concrete action, particularly for regional collaboration.
#DrivingResilienceAndEquity#SDG13
Exciting! Thanks for hosting, Management Systems International!