Belize to benefit from Commonwealth climate change finance advice

Posted: Monday, September 14, 2020. 3:41 pm CST.

By BBN Staff: The Commonwealth Secretariat has deployed climate finance advisers to four countries (Belize, Eswatini, Seychelles and Zambia) to assist the countries in accessing funds to help with climate resilience projects reports the Commonwealth’s news arm.

The Commonwealth reports that the advisors have joined government departments in the participating countries to help them develop climate strategies and prepare grant applications for ‘climate finance’ – funding through means such as the Secretariat’s Climate Finance Access Hub, which has helped Commonwealth nations secure over $33.9 million in funding for 23 climate action projects.

The departments are also benefitting from the advice in terms of capacity to build in-house climate finance expertise and strengthening the capability to plan, access, deliver, monitor, and report on climate finance in line with national priorities.

An article published this week by the secretariat quotes the Commonwealth Secretary-General Patricia Scotland as saying: “Across the world, people are suffering from crippling climate impacts, whether through increasing global temperature, scorching droughts, extreme weather and sea-level rises, which cause untold loss, suffering and damage, particularly in small and vulnerable countries.”

“Although multi-billion-dollar climate funds are created, countries are often mired in red tape and the cumbersome conditions required to access these resources.”

She noted that the Commonwealth Climate Finance Access Hub is making “impressive progress” in getting countries the funding that would have otherwise not had successful applications.

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