Local organisations are often directly in touch with people who feel the impact of climate change the most. Also, they are usually best suited to support tailored and appropriate solutions - by communities and at the local level. But the large international climate finance streams, investors and political talks are too far away, unknown, or untransparent to local organisations.
“There is information poverty, local organisations often don’t know what’s out there”
Barbara Nöst, CEO Zambia Governance Foundation.
There is a missing middle in climate finance provision — local institutions either do not yet exist or lack the capacities to attract and distribute climate finance. They need to build a track record, enabling them to scale up operations rooted in deep local knowledge.
Business unusual
IIED, IUCN NL and WWF NL collaborated with local institutions through the pandemic, using the ‘Money where it matters’ framework. The aim is to support the capabilities of local organisations, to mobilise and manage increased amounts of climate finance and identify where opportunities are. Also donors and large international organisations have a role to play to fill the missing middle, moving to ‘business unusual’. How does that work?
Learn more about this ‘business unusual’ in climate finance in the latest briefing paper by IIED, developed with support of the SRJS programme.
