PCCB’s Focus on Finance for NAPs Day | 6th Capacity-building Hub

In collaboration with Global Capacity Building Coalition 

14th November 2024

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Credit: PCCB

This day will be focused on unlocking finance for adaptation.  If you are a policymaker or regulator; a private, public or development finance professional or a capacity builder, join this day to learn what really works in terms of innovative tools, methodologies, and best practices to mobilise capital to operationalise and finance National Adaptation Plans (NAPs). Expect dynamic discussions, hands-on sessions, and collaborative brainstorming to help you turn your climate ambitions into robust investment strategies and bankable projects to deliver greater impact for people and the planet! 

Agenda

Time Title Teaser Organizer
8:30-9:00 Opening of the 6th Capacity-building Hub   PCCB, UNU
9:00-10:00 Building the Transition; Financing a Resilient Future With growing climate risks impacting 85% of the global population, this session aims to bridge finance, policy, and the built environment to enable resilience and adaptation. This includes co-creating decarbonisation and resilience roadmaps aligned with NDCs, fostering policies, and aligning investments to build a sustainable, resilient future. World Green Building Council
10:15-11:15 Strengthening collaboration between Ministries of Finance and Ministries of Environment to implement National Adaptation Plans A session for Ministries of Environment and Ministries of Finance, focusing on practical ways for these ministries to enhance collaboration in the view of accelerating the implementation of National Adaptation Plans. UN Environment Program, Coalition of Finance Ministers for Climate Action, UN Development Program
11:30-13:00 CB Academy: Bridging Finance Gap of NAP with Climate and Disaster Risk Finance This session will showcase how Climate and Disaster Risk Finance & Insurance (CDRFI) methods can improve risk management and be integrated into National Adaptation Plans (NAPs) to establish a strong climate rationale. United Nations University
13:00-13:30 Lunch break
13:30-14:30 Aligning for Climate Impact: Planning for Synergistic NAP and NDC Investment Mobilization This session aims to strengthen stakeholder knowledge and capacity by showcasing the benefits of aligning NAP and NDC investment planning and mobilization efforts, introducing the Climate Investment Planning and Mobilization Framework (CIPMF) as a blueprint for coordinated finance mobilization. NDC Partnership
14:45-15:45 Best Practice Capacity Building to Unlock Climate Capital This event is an interactive knowledge-sharing / action-learning session focused on best practices for capacity building. It aims to solicit examples of high-quality, high-impact capacity-building in action, and to derive critical conditions for successful capacity-building to inform the development of a set of guiding principles. Global Capacity Building Coalition
16:00-17:00 From Planning to Finance: What can we learn and how we can enhance capacity by studying the finance aspects in the NAPs? The session will seek to address capacity-building gaps and needs in developing countries, specifically in the ability of NAPs to leverage financing. It will present examples of best practices in this area, and will look to discuss and address capacity challenges and solutions with key stakeholder groups involved in both adaptation financing and planning. Global Green Growth Institute
17:15-18:15 Launch event for PCCB focus area 2025 - Capacity-building for investment strategies and bankable projects for NDCs and NAPs Launch event for the PCCB’s Focus Area 2025 – Capacity-building for holistic investment strategies, bankable projects, and stakeholder engagement to strengthen the implementation of NDCs and NAPs in developing countries. PCCB

 

Kickoff podcast

Listen to this introductory podcast of "NAPs & Climate Finance 101" that sets the stage for the thematic day!

 

What? - Objectives and Topics 

This thematic day is dedicated to addressing critical capacity-building needs for mobilising finance - including private finance - for adaptation, especially in the context of operationalising NAPs. It aims to strengthen the capabilities of policymakers, regulators  and finance professionals to bridge the gap between climate ambitions and tangible adaptation outcomes while also inspiring capacity building stakeholders to create programs and interventions that meet the critical needs and gaps countries face in this space. The day will also showcase successful capacity-building initiatives and demonstrate how global frameworks can serve as blueprints for a more coordinated action and improved risk management for climate adaptation. 

 

Why? - Significance 

Mobilising finance for adaptation is an imperative to unlock resilient and equitable growth, especially in climate-vulnerable regions. Yet, the current funding landscape falls alarmingly short of the global need. By 2030, the climate finance gap is projected to reach $5 to $11 billion annually (CPI), with adaptation funding in developing countries lagging by 10 to 18 times what is required (UNDRR). NAPs theoretically play a pivotal role in addressing these gaps by providing frameworks for coordinated climate finance. But unfortunately, these plans are often struggling to get operationalised and financed. 

There is no doubt that capacity building can help here, by equipping countries with the necessary skills and resources to effectively access and mobilise climate finance including private, ensuring that adaptation strategies can be implemented successfully. Additionally, it can foster stronger institutional frameworks and cross-sectoral collaboration, enabling governments to integrate climate risks into development planning or coordinate across finance and environment ministries.  ​

 

Who? - Partners & Organizers 

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Credit: PCCB

 

Content