The session will showcase efforts to increase the volume, quality, and coordination of finance flows for adaptation and resilience from the public and private sectors, and explore innovative technologies, tools, and finance mechanisms in the current climate landscape. Crucially, this session will be looking forward to issuing a challenge to business as usual practices to help empower local actors to access a comprehensive, complementary suite of finance solutions that allow for holistic, comprehensive adaptation strategies. We will explore how the different perspectives in climate finance can come together to reform and improve the current flows of finance to the local level, addressing vulnerabilities and insuring adaptation for all.

We will be taking a ‘whole of society’ approach to deliver resilient people, landscapes and economies in the face of a changing climate. This will include an examination of processes, actions and responses led by i) the state, ii) private sector / enterprise, and iii) civil society. No one mechanism can provide comprehensive risk management to all climate hazards and all vulnerabilities. Climate change is an inherently complex problem, so the public sector, private sector, and the civil society all play a role in planning and delivering climate finance for adaptation action for different people, places and economies. We will be looking at the problem from all of society’s angles through the different institutions and mechanisms that can deliver towards financing resilience for the most vulnerable, working towards greater coordination and coherence for effectiveness in delivery.

Lead organisatons: Willis Towers Watson, IDF

Co-hosting organisations: GRP, Clarmondial, World Bank Groud, SEI, Atma Connect, WFP, ODI, UNDP, IIED, GARI/Lightsmith, InsuResilience Global Partnership, SDI, Mercy Corps, Huairou Commission, Centre for Disaster Protection