Article for the November 2021 edition of the CANARI Gayap newsletter, “Unlocking climate finance for locally-led action & COP26“, written by Dr. Ainka Granderson, Senior Technical Officer, Caribbean Natural Resources Institute (CANARI) 

October 26, 2021

 

The global climate change meeting, COP26, in November 2021 in Glasgow, UK, is a critical moment for ensuring the pledge of US$100 billion per year to support developing countries to effectively reduce emissions and adapt to climate change impacts is fulfilled. It is also an important opportunity for finding modalities and pathways for channelling this finance to address the needs of the most vulnerable communities and wider civil society in the Caribbean islands and other developing countries.

A new study by the Caribbean Natural Resources Institute (CANARI), Climate Analytics and the International Institute for Sustainable Development (IISD) highlights key barriers and opportunities for civil society organisations (CSOs) in accessing climate finance and improving their engagement for climate action in the Caribbean region.

Research was conducted across the Caribbean Community (CARICOM) between September 2020 and June 2021 to: (1) assess current levels of CSO access to, and delivery of climate finance; and (2) identify and assess current mechanisms for multi-stakeholder engagement, including of CSOs, in climate change decision-making at regional and national levels and their effectiveness. The study also provides concrete recommendations for improving access to climate finance for CSOs and the vulnerable communities they serve, which can inform conversations at COP26.

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