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Description

The OECD tracks adaptation finance to Africa from the following six foundations: Bill & Melinda Gates Foundation, McKnight Foundation, Children’s Investment Fund Foundation, David & Lucile Packard Foundation, Oak Foundation, and MAVA Foundation. Of these, the Bill & Melinda Gates Foundation delivered the most funding, including a USD 33.6 million grant in 2018 to the International Crops Research Institute for the Semi-Arid Tropics which aims to modernize Africa-focused dryland cereals and grain breeding.[1] Like ODA, funding from these organizations can de-risk adaptation activities, draw in private finance, and support technical capacity building.

 Dynamic and expansive risk appetite Risk Appetite

Dynamic and expansive risk appetite.

 Stronger mandate to embed climate change in investment decisions Climate Mandate

Stronger mandate to embed climate change strategy in investment decisions; climate harming investments prohibited.

 Capital raising unrestricted Ability to Raise Funds

Presence of legal/regulatory frameworks to embed climate change in investment decisions.

 Full flexibility to determine policy mandates and deploy capital Flexibility to Deploy Funds

Full flexibility to determine policy mandates and deploy capital through any type of funding vehicle.
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This project has been developed in partnership with the Global Center on Adaptation

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