A call for case studies on climate adaptation finance in agriculture
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As financial players rally around the need to address the global climate crisis, for every $9 invested in climate mitigation, only $1 is invested in climate adaptation according to the Climate Policy Initiative (CPI). Funding for climate adaptation is sorely needed, especially in the agriculture sector where farmers and agricultural enterprises navigate the consequences of climate change daily while trying to sustain their livelihoods and keep their businesses afloat.
The growing urgency to build resilience across agricultural value chains is unlocking new sources of funding for climate adaptation, and growing interest from impact investors in developing financial solutions to deploy them. But the adaptation finance industry is still in its early stages and successful models are yet to be mainstreamed for replication and scale in the agriculture sector.
To address this, the International Fund for Agricultural Development (IFAD), the United Nations Environment Programme (UNEP) and the Smallholder and Agri-SME Finance and Investment Network (SAFIN) have joined forces to develop a set of lessons learned for investors interested in engaging in this space. These will be based on the experiences of existing adaptation funds targeting small scale farmers and agricultural enterprises.
The three entities invite relevant institutions to contribute their experiences to this effort, responding to questions about how initial funding ideas were turned into concept notes and how their Theories of Change informed the specific features of their facility during the design phase. The case studies will explore how the design was translated into the adaptation funding structure, how external partners were selected and how this influenced the end result. Finally, the case studies should also cover how the monitoring and evaluation of the fund’s financial, social and environmental performance evolved over time.
Who is this call for?
- Investment professionals including impact investors from the private and public sectors, donors, or fund managers active in climate adaptation finance.
- Providers of technical assistance, business development services, guarantees or insurance to compliment climate finance facilities.
How can you submit your materials?
Please write to [email protected] to receive the full concept note and submission form. The call for case studies closes on 26 April 2024.
