Strengthen domestic climate finance architecture in-country to create national aggregation platforms for projects. Improve the transparency of climate finance to better understand where adaptation finance is flowing Make it easier for climate vulnerable countries to access the available adaptation finance, including to review the eligibility criteria The Champions Group on Adaptation Finance published a statement of commitment outlining their intentions to work with climate action leaders from the most vulnerable countries and key players in multilateral institutions to turn political ambition into tangible action.īuilding on this, at today’s discussion the Champions Group, LDC Group, AOSIS, among others, highlighted opportunities to work together on a range of issues, including to:Ĭhampion the development of a collective plan to deliver the agreement from COP26 to at least double climate adaptation finance from 2019 levels by 2025 Minister for Development Cooperation and Foreign Trade Ville Skinnari hosted ministers and senior officials from the Champions Group on Adaptation Finance along with representatives of the Least Developed Countries (LDC) Group, Alliance of Small Island States (AOSIS), United Kingdom COP26 Presidency, Egyptian COP27 Presidency Designate, the United Nations, and guests from Canada, the USA, Norway, Iceland, the Adaptation Fund, Green Climate Fund, Nordic Development Fund, OECD Development Assistance Committee, E3G, the International Institute for Environment and Development and the Global Center on Adaptation at the Lahti Adaptation Finance Ministerial on 3-4 April.
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