In order to achieve the goals of the Paris Agreement and embark on a path of low-carbon, climate-resilient development, a fundamental transformation of our economies and societies is required. This necessitates large-scale investment and innovative ways of funding for both climate change mitigation and adaptation. Not surprisingly, climate finance remains a major topic in international climate policy, especially when it comes to developing financing strategies for Nationally Determined Contributions (NDC) and funding concrete climate action on the ground.
Given this context, the field of climate finance remains highly dynamic and marked by a wide variety of access arrangements, funding priorities and application requirements. As a result, there is a growing demand for climate finance expertise to navigate the highly complex landscape. In particular, experts from sectors like water, transport, energy, and agriculture increasingly require specific information about climate finance opportunities in order to help achieve the NDCs.
adelphi has already developed two interactive, modular training programs to help spread urgently needed expertise, especially in developing countries: the ‘Climate Finance Readiness Training (CliFiT)’ toolkit, which targets political decision-makers on climate change policy at various levels; and the program ‘Climate Finance Training for Sector Experts (CliFit4SE)’. On behalf of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, adelphi updated the CliFiT and CliFit4SE training materials to reflect the most recent developments. The think tank also developed a new training module to help stakeholders in the public sector better understand how the financial sector works. In addition, adelphi carried out training-of-trainers (ToT) sessions for CliFiT4SE in order to expand the pool of qualified climate finance experts.