Climate Finance - How to leverage the peace dividend?

A study by UNDP Climate Security Mechanism (CSM) found that in terms of recipients of “vertical fund” climate change financing, between 2014 and May 2021, only one of the top 15 recipients in the combined group of fragile and extremely fragile states – the Democratic Republic of the Congo (DRC) - was extremely fragile (according to OECD 2020 ‘States of fragility’). Only two ranked in the overall top 20 (DRC at 15th and Haiti at 19th.)

Many countries most vulnerable to climate change, including conflict-affected and fragile contexts, still struggle to access climate finance. In this workshop, UNDP, the CSM, and the Green Finance Platform will examine the contributions of climate finance to sustaining peace. It will provide a platform for an interactive conversation with practitioners on gaps in access to climate finance by fragile and conflict-affected contexts, aligning climate and peace building finance and strengthened metrics to incentivize and make sure climate finance works for these contexts.