Making blended finance work for nature-based solutions
This report explores innovative financial instruments for climate action and nature conservation, with a focus on Green Climate Fund's catalytic approaches and blending mechanisms for maximum impact.
Within Green Climate Fund’s portfolio of existing projects and pipeline of proposals for approval, the instruments mentioned do not come as standalone items but as part of larger financial systems and reforms which are tailored to specific needs and to achieve maximum impact. This paper describes the experiences of GCF and its partners in designing examples of these and other blended finance mechanisms and concludes with two messages. First, while these instruments can individually be perceived as standalone tools, they are most effective when combined and sequenced appropriately as part of a programmatic approach. Secondly, it is the needs of the beneficiaries capable of achieving an impact, whether in terms of climate or biodiversity or preferably both, which should determine the structure and composition of financial mechanisms rather than the other way around.
Scaling up Urban Climate Finance through Multi-level Governance
Centering on the launch of the UrbanShift 2023-2024 Annual Report, this UNEP-led webinar will highlight learnings and best practices for strengthening urban resilience.
UrbanShift at World Urban Forum: Scaling-up Financing for an Urban Shift towards Nature-Positive and Climate-Resilient Cities
Drawing from the experience of UrbanShift cities, this dynamic discussion focused on scaling up finance to strengthen SDG action in cities.
Unlocking Urban Finance: The Vital Role of Project Preparation for City Projects
As cities work to develop and implement transformative climate projects, access to finance is critical. Project Preparation Facilities (PPFs) can help cities ensure their projects are structured to attract funding.
From Grey to Green: Better Data to Finance Nature in Cities
From UNEP, this report highlights the need for better data and tools to help cities integrate Nature based Solutions (NbS) into their financial and planning frameworks.
