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Financing for Resilience: Investing in People and Programs

November 12–12, 2024 9:30-10:30 Azerbaijan Time (GMT+4)
In-person In-person

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This panel discussion during COP29 at the NDCP Pavilion highlights the Climate Finance Access Network’s (CFAN’s) commitment to bolstering national and regional capacity in climate resilience, with insights from both the Caribbean and Pacific. As climate impacts intensify, particularly for Small Island Developing States (SIDS) and Least Developed Countries, the need for fast-moving, flexible finance mechanisms has never been greater. However, accessing and effectively deploying such funds requires more than capital alone; it necessitates robust human capacity and embedded advisory support to navigate complex financing requirements.

CFAN’s hands-on approach in the Pacific and Caribbean — exemplified by partnerships with the Pacific Community (SPC) and the rapid deployment of advisors with Jamaica Social Investment Fund (JSIF) — demonstrates the power of investing in local expertise to strengthen climate finance pathways. The session will showcase how embedding advisors in countries like The Bahamas and Jamaica has enhanced resilience-building efforts by unlocking finance windows and empowering governments to break the costly cycle of disaster and reconstruction. Panelists will share key lessons, emphasizing the urgent need for additional investment in human capacity as foundational to achieving NDC goals and sustaining climate resilience on the frontlines of a changing climate.

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