Consultation on the IKI Safeguards Policy
The International Climate Initiative (IKI) is an important part of the German government international climate finance commitment. In line with the United Nations Framework Convention on Climate Change (UNFCCC) and the Convention on Biological Diversity (CBD), the IKI finances projects that promote climate action and biodiversity in developing and emerging countries. The project management organisation Zukunft - Umwelt - Gesellschaft gGmbH (ZUG) has been commissioned to implement the IKI funding.
The new IKI Safeguards Policy now aims to set out the guiding principles and procedures for ensuring that international environmental and social standards are upheld in IKI projects. The draft policy has been released for consultation by the founding ministry of the IKI, the Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Security (BMUKN). The aim of the consultation is to improve the effectiveness of the policy through dialogue with stakeholders.
The consultation was open until 11 February 2022. Participation was possible through submitting written input as well as attending two online seminars held on 17 and 19 January 2022.
Following the consultation and based on the received comments, the IKI Safeguards Policy underwent a comprehensive revision and entered into force on 15th January 2023.
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