Facilitating private sector engagement for the financing of ecosystem-based adaptation in support of the Climate Change Action Plan of the Philippines
As of: January 2021
The National Climate Strategy and National Climate Action Plan adopted by the Philippines focus on ecosystem-based adaptation (EbA) to achieve solutions that are more capable of withstanding the effects of climate change. The project is helping the private sector take a leading role in implementing these EbA goals by developing operational business models and application-focused recommendations for the most important sectors of the country’s economy. The project is also utilising agreements and dialogue between the private sector and the National Climate Commission to develop a long-term strategy for private-public partnerships in the country. Long-term alliances and programmes are also being established between leading government initiatives and conservation associations on the one hand and private enterprise on the other. Insights from past projects are being shared in the Asia-Pacific region and beyond by working with business networks, development financing institutions and others.
State of implementation/results
- „Financing blue carbon: What pathways to mobilise global capital?“ on July 8, 2020
- „Blueprints to Finance Climate Solutions: Coastal Natural Assets“ on September 23, 2020.