Programme / session 2D

How can public and private actors deliver finance to climate-vulnerable communities?

09:45 – 10:45
Challenge session
This session will explore how climate finance can better reach vulnerable communities by aligning public and private efforts with local priorities. Drawing on work in countries such as Bhutan, India, Bangladesh and Burkina Faso, it will highlight innovative approaches and financial instruments for financial service providers, governments and multilateral funds to support locally-led adaptation and resilience.
Head and shoulders photo of Graham Wright.
Graham Wright
Founder and managing director
MicroSave Consulting
Head and shoulders photo of Vikash Sinha.
Vikash Sinha
Associate partner – climate change and sustainability
MicroSave Consulting
Head and shoulder photo of Laurynas Vaičiulis.
Laurynas Vaičiulis
Senior global advisor, climate & energy
FINCA International
Head and shoulders photo of Farmina Hossain.
Farmina Hossain
Director of operations
BURO Bangladesh
Head and shoulders photo of Tracy Kajumba.
Tracy Kajumba
Director
LIFE-AR secretariat

Currently, most inclusive financial service providers have a limited understanding of the needs, aspirations, perceptions and behaviours of climate-affected communities. As a result, few have tailored their products in response to the emerging climate crisis.

On the other hand, governments are making efforts to develop locally-led solutions with a whole-of-society approach. The least developed countries (LDCs) are establishing delivery mechanisms that aim to connect and align national strategies with locally-prioritised needs.  

At the international level, multilateral funds are also looking for solutions to bring in more actors and innovative, blended financial instruments.

Building on the locally led adaptation work in Bhutan, India, Bangladesh, Nigeria, Burkina Faso, Ethiopia, Malawi, The Gambia and Uganda by MicroSave and the LDC Initiative for Effective Adaptation and Resilience (LIFE-AR), this session will explore the ways that climate is affecting vulnerable communities and the critical role that public and private actors can and must play to support channelling climate finance to the local level and help build resilience.