Three forest patrollers take a snapshot using a mobile phone for the Lawin forest and biodiversity protection system
Three forest patrollers using the technology-based Lawin forest and biodiversity protection system. | Credit: Romwell “Ouie” Sanchez, 2023 USAID Philippines Safe Water Project

Editor's Pick: Climate Finance Blogs

By Jamie Schoshinski

Climatelinks is moving into the second month of our climate finance theme. The world needs trillions of dollars to reduce greenhouse gas emissions, finance the clean energy transition, and cope with the impacts of climate change. The following blogs offer insight into how USAID and its partners are mobilizing climate finance and provide examples of equitable climate finance investments. 

How USAID Climate Ready Empowered Local Organizations to Access Finance for Climate Adaptation

From 2016–2023, USAID Climate Ready generated more than $562 million for climate resilience activities in the Pacific Islands that will ultimately benefit more than 800,000 people. The success of this program provides a roadmap to mobilize finance for climate resilience and shows how empowering local actors to access and implement financing can lead to greater impact.

The Multiplier Effect: How Investing in Women-Led Climate Solutions Drives Sustainable Impact

Women and girls bear a disproportionate burden of climate change’s impacts, but one estimate found just 3 percent of financing for climate solutions goes to women-led businesses. This inequity sidelines women and girls from climate finance decision making and finance and skills-building opportunities. To address this gap, USAID launched the Climate Gender Equity Fund with support from Amazon to leverage public and private sector funding to scale climate finance that advances gender-equitable climate action.

Catalyzing Investment for Climate Toward USAID's $150 Billion Target

USAID INVEST, which has mobilized over $1.04 billion in public and private investment in the past six years, is one of the Agency’s largest global initiatives designed to employ innovative methods in blended finance. So far, 22 percent of its funds have been channeled into climate-related efforts, and climate investments have been gaining momentum, as 50 percent of the project’s climate capital was raised just in the last year. The lessons learned from INVEST’s innovative approach to engaging a diverse investor landscape can help other projects contribute to USAID’s target of mobilizing $150 billion in finance for climate by 2030. 

Tailoring Inclusive Solutions to Climate Finance: The Role of Individual and Collective Inclusion

Climate finance can and should be more inclusive of marginalized and underserved groups. However, it is essential for private investors to distinguish between two types of inclusion when designing climate investments: individual inclusion, which engages individual members of a marginalized group, and collective inclusion, which engages a marginalized group as a whole. By strategically incentivizing individual or collective inclusion, a private investor may yield higher financial returns or enjoy lower downside risks.

Bridging the Gap: Why Climate Finance Has Become a Core Part of USAID’s Development DNA (Part 1)

Climate finance builds consistent financial flows from public and private sectors to fund the activities required to mitigate and adapt to climate change. A great deal of capital is still untapped, especially when it comes to the private sector. Finding a way to mobilize this capital and reduce the barriers to public and private investment is critical to addressing the climate crisis.

Explore additional Climate Finance blogs here.

Sectors
Climate Finance
Strategic Objective
Adaptation, Integration, Mitigation
Topics
Climate Finance, Climate/Environmental Justice, Climate Finance and Economic Growth, Gender and Social Inclusion, Indigenous Peoples and Local Communities, Private Sector Engagement, Adaptation, Climate Strategy, Inclusive Development, Locally-Led Development, Mitigation, Resilience
Region
Global

Jamie Schoshinski

Jamie Schoshinski is a Program Associate with Environmental Incentives, primarily supporting USAID’s Advancing Capacity for the Environment (ACE) project as a Climatelinks Content and Social Media Manager. Jamie has a Master’s in Environmental Policy from American University and a BA in English and Political Science from Temple University. 

 

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