CIF marked the 52nd Earth Day with a campaign to show how climate finance can unlock the power of nature-based solutions to combat our climate crisis. Drawing on the April edition of the IPCC 2022 report, which acknowledged the potential for nature programs to build resilience and mitigate for climate change, the campaign highlighted the remarkable achievements of the Forest Investment Program (FIP) and the Pilot Project for Climate Resilience (PPCR) as a launchpad to communicate the aims of our new Nature, People and Climate initiative. Multiple content pieces were launched across all CIF channels calling for immediate and accelerated investment actions to support the most vulnerable communities and ecosystems.
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The April edition of the IPCC – Mitigation for Climate Change 2022 report described human activities in the Agriculture, Forestry, and Other Land Use (AFOLU) sectors as accounting for up to 21% of the world’s anthropogenic greenhouse gas emissions between 2010-2019. It also recognized the potential for these areas of human activity to provide large-scale carbon storage and emissions reductions, calling for the rapid deployment of nature-based mitigation measures. The time is right for CIF’s new Nature, People and Climate program.
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CIF has announced the arrival of Paul Hartman, an environmental strategist and program developer, whose experience spans two decades of stand-out achievements. Paul has been recruited to helm our new Nature, People and Climate program and joins us from the Global Environment Facility where he led the strategic design and roll out of their $346m Food Systems, Land Use and Restoration Impact Program - which works to reduce deforestation, mitigate GHG emissions, and diminish biodiversity loss in 27 countries. Paul describes a mixture of optimism, excitement, and trepidation as he prepares for the role ahead.
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The ‘to do’ list for securing global net zero by 2050, expands across multiple frontlines. Coming into sharper focus in April, in the run up to Earth Day, were Nature-Based Solutions. The tasks to achieve in this area include reversing deforestation, reversing climate degradations in our ecosystems, and phasing out unsustainable land management practices. To successfully complete all these tasks we must first secure the right capital, on the right terms, right now. There’s a lot to do. Climate finance can and must unlock our collective ability to get on with doing it. Learn how the Pilot Program for Climate Resilience, the Climate Investment Funds’ $1.2 billion portfolio supporting climate change adaptation and resilience across 84 maturing projects is pioneering the way for future nature programs to follow.
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With the aim of achieving a Paris-type climate agreement for nature, several national governments, intergovernmental scientific bodies, and other stakeholders convened in Geneva for the United Nations (UN) Convention on Biological Diversity. Set against the backdrop of stark biodiversity loss assessments from the scientific community, the delegates arrived with the goal of refining the draft of a ‘Global Biodiversity Framework’ for final presentation at the UN Biodiversity Conference (COP15) in China later this year – where it must be agreed and adopted. The scale of the ambitions in the draft framework suggests a leading role for CIF’s nature-based programs.
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A look at the role of environmental remediation in the just transition agenda focused on coal dependent India and South Africa. Joining Sandeep Pai of the Just Transition Initiative are Mzila Mthenjane – Head of Stakeholder Affairs at the South African mining company Exxaro Resources, Dr. Raju Evr –Ministry of Environment, Forests & Climate Change, Government of India, and Lisa Hyland - Associate Director, Energy Education and Public Programming, Energy Security and Climate Change Program at the CSIS.
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The gap between available public financing and the resources needed to address the causes and impacts of climate change raises an important question; how to effectively leverage our limited resources to create multi-sectoral transformational change? A key challenge is to find creative approaches that catalyze shifts in mainstream private capital investment flows to support just climate solutions. This public webinar will explore new thinking on opportunities and emerging models for multi-partner finance to unlock and shape transformational investments in climate action.
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CIF will organize “Supporting Just Transition to sustainable land use” workshop at this year's Innovate4Climate conference (I4C), hosted by the World Bank Group and the governments of Spain and Germany from 24th-26th May. Drawing on examples of projects financed by CIF, CIF’s Just Transition workshop will explore what it means to pursue just transitions to sustainable land use.
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CIF CEO Mafalda Duarte joined Sri Mulyani Indrawati - Finance Minister for Indonesia, Rania Al-Mashat - Egypt’s Minister of International Cooperation and Canada’s Minister of International Development Harjit Sajjan, for a high-level discussion, led by Foreign Policy magazine, on how sectors can work together to scale finance where it's needed most.
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