How Can Climate Finance Work Better for Fragile and Conflict-Affected Regions?
Feb 10, 2022
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Catherine Wong and Yue Cao
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Climate change often hits the hardest and is felt most profoundly in fragile and conflict-affected settings, which suffer high vulnerability and low investments in coping capacity and adaptation. The first line in addressing climate-related security risks must be ambitious, inclusive mitigation and a just transition to low-carbon pathways.
A recent study Climate Finance for Sustaining Peace: Making Climate Finance Work for Conflict-Affected and Fragile Contexts by the United Nations Development Programme (UNDP) and the Climate Security Mechanism increases understanding in access to climate finance in conflict-affected and fragile contexts. The report looks at ways to leverage the co-benefits of climate action for peace and security, strategies for mainstreaming climate-related security risks into climate finance and makes recommendations on how to make climate finance work more effectively in fragile and conflict-affected settings.