Mobilising climate finance for oceanic and coastal resilience
In collaboration with Silvestrum Climate Associates, 4Climate has prepared an ocean finance working paper for the Green Climate Fund (GCF) Homepage | Green Climate Fund about how GCF climate finance instruments (grants, loans, equity, guarantees) can be mobilized to finance oceanic and coastal resilience, showcasing promising and innovative financing pathways.
The working paper aims to offer tools to facilitate the application of GCF Accredited Entities for mobilizing GCF support and scaling private finance for resilient coastal communities and healthy oceans. The work has been funded by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and we are grateful for support of the GIZ and the Green Climate Fund (GCF).
Financing of blue natural capital, coastal wetland conservation and restoration and related sustainable activities. Countries with high blue carbon ecosystems are starting to integrate these ecosystems into their climate goals under the Paris Agreement.
We explored potential blue carbon restoration & conservation project ideas and implementation formats, costs, revenues, cashflow needs, as well as financing instruments and financial strategies at the disposal of the governments and other stakeholders.