Explore how the road to Sharm el-Sheikh can be an opportunity to improve the governance of international climate finance. Participants will leave the webinar with a better understanding of how international climate finance works in practice, including the challenges relating to the quality and quantity of current climate finance flows; and why the road to COP27 is a key to unlocking equitable and intersectional climate finance and represents a moment for philanthropy to influence finance as the lever of change. Climate finance — the public and private funds flowing from high-income countries to the Global South for climate mitigation and adaptation — is insufficient and largely inaccessible to communities on the frontlines of climate impacts whose rights are already under threat. Indigenous Peoples, people of colour, women and children in the Global South are disproportionately at higher risk and are already having to adapt, often with the future of their communities and ways of life at stake. Climate currently represents just a fraction of philanthropic giving; more donors are needed to fund grassroots solutions, research, invest in new technologies, support policy, help communities transition sustainably, protect landscapes and more. In this fourth session of the Climate Justice and Just Transition Donors Collaborative Webinar Series, we invited our audience to explore how COP27 can accelerate the delivery of climate finance to frontline communities, as well as how the global community can build momentum to land a new quantifiable collective goal for climate finance beyond the $100 billion. We heard reasons why communities most affected by climate change and development challenges need to have decision-making power through the finance that is being channelled and why the solutions that are brought to the table must be connected with the expertise that already exists, such as local and traditional knowledge if we are to see powerful and durable solutions last.
Saleemul Huq – ICCCAD
Niranjali Amerasinghe – ED, ActionAid US
Dana Schran – Transparency International’s (TI) Climate Governance Integrity Programme
Joshua Amponsem – Climate Activist and founder of Green Africa Youth Organization
Angelique Pouponneau – Policy Adviser to the Chair of the Alliance of Small Islands States
Huge Hooijer, Fair Rural Transitions programme lead, Porticus (Moderator)