Micronesia Conservation Fund (MCT)
Channel: IIED
Date: 2021-10-20

This is a recording of a presentation on the Micronesia Conservation Fund (MCT), by Tamara Greenstone Alefaio, conservation programme manager, MCT.

The presentation was made during the first Asia-Pacific online dialogue in a series of peer-to-peer regional dialogues being held across Asia-Pacific, Africa, and the Caribbean and Latin America in September and October 2021.

At the COP26 Presidency’s Climate and Development Ministerial, the world’s most vulnerable countries stated loud and clear the need for radical improvements in their access to climate finance, and the need to increase support for locally led adaptation. Similar calls have also come through the Climate Vulnerable Forum and G7 meetings.

In partnership with the UN COP26 Presidency, Race to Resilience and the Adaptation Action Coalition, eight partners are collaborating to build on this momentum to support the scale-up in locally-led adaptation globally.

The COP26 Presidency is pressing donors to improve and scale up their adaptation commitments, including support to locally-led adaptation and access to finance. Locally-led adaptation is a central focus for the incoming Presidency, and in the lead up to COP, donors will convene to discuss how to improve adaptation financing at the local level.

The dialogues offer a chance for countries and non-state actors to learn from each other and showcase the real potential for locally-led adaptation via direct and enhanced direct access models.

This dialogue on 7 September 2021 was convened by the International Centre for Climate Change and Development,  International Institute for Environment and Development (IIED), Save the Children Australia, and World Resources Institute (WRI).

More information: https://www.iied.org/scaling-support-for-locally-led-adaptation