The IKI launches updated Standard Indicators
With the help of new headline figures, the IKI is equipped to capture more accurately the diversity of IKI project contributions to climate and biodiversity protection.
How many trees have been planted, how many solar panels erected or how many training sessions conducted? IKI projects have always monitored the effectiveness of their measures using indicators that best portray their projects.
However, these project-specific indicators do not lend themselves to understand the IKI’s aggregate contributions across the high number of projects. This requires different tools. For this reason, the IKI introduced the so-called Standard Indicators in 2015, which complement the monitoring efforts of individual projects. The IKI uses these Standard Indicators to collect data across projects on its contributions to a selection of strategic objectives. Among them are the reduction of Greenhouse Gas Emissions and the strengthening of policy frameworks in the area of climate and biodiversity protection.
Based on years of experience, these indicators have now been further developed, replaced or supplemented and are now being launched for new IKI projects that started in 2021 or later. These updated Standard Indicators will better reflect the diversity of IKI contributions and provide answers to questions such as "How much land and which ecosystems have IKI projects been able to protect so far? and "How many people has the IKI helped to adapt to climate change?" They also provide insights into the ways in which the IKI is working towards achieving the commitments made in international obligations.
Two new Standard Indicators supplement the existing indicators on mitigation, ecosystems and adaptation. One of them is the new Standard Indicator on Leveraged Finance. Through this indicator the IKI can determine the extent to which its projects leverage additional finance for climate action and biodiversity purposes. The indicator distinguishes between mobilisation (i.e. funds leveraged directly through IKI’s financial investments) and catalysation (i.e. funds indirectly leveraged through IKI’s technical support and capacity development measures).
The updated IKI Standard Indicators at a glace
- Mitigation: GHG emissions reduced or carbon stocks enhanced directly or indirectly by IKI project measures
- Ecosystems: Area of ecosystems with improved conservation and sustainable use due to IKI project measures
- Adaptation: Number of people directly and indirectly supported by IKI projects to better adapt to climate change
- Capacity people: Number of people directly supported by IKI projects through networking and training to address climate change or to conserve biodiversity.
- Leveraged Finance: Volume of private and/or public finance leveraged for climate change and biodiversity purposes in EUR.
Initial experiences with the indicator show: IKI projects employ a wide range of instruments to leverage additional finance for climate action and biodiversity protection.
The IKI’s “Climate Partnership Programme III” implements different initiatives for climate-friendly development in cooperation with businesses. Funds for these climate partnerships are provided in part by the IKI and in part by the partner businesses. With an overall project budget of 5 million euros, this project already mobilised 1.38 million euros of private sector funds.
The IKI also leverages private funds through technical support, as is the case with the IKI project “Monitoring of forest and landscape restoration at national and local levels”. The project connects private investors with local forest and landscape restoration projects through its online marketplace TerraMatch. Through TerraMatch the project catalysed 87.2 million euros of investment to date.
Online seminars for an introduction
With two online seminars, the IKI now offers an introduction to the new Stadard indicators and what they mean for IKI projects. There will be opportunities to ask individual questions. If you are interested, please register here.
The link has been copied to the clipboard
Zukunft – Umwelt – Gesellschaft (ZUG) gGmbH
Detailed guidance on each updated Standard Indicators: IKI Guidelines on Project Planning and Monitoring in the International Climate Initiative
Reporting on the updated Standard Indicators: IKI Standard Indicator Report (Excel Tool)
A brief overview of the relaunch of the Standard Indicators and all provisions regarding their use: Brief on the IKI‘s updated Standard Indicators