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Challenges of accessing climate change financing mechanisms in Africa and the Climate and Land Investment Facility (CLIF) as a tool to overcome them
Side Event or Special Event : Side Event
Name of contact:

Mr Kwame AWERE-GYEKYE

Side Event Date: 19/09/2013 18:00
Organization contact: The Global Mechanism of the UNCCD
Hosting organization:

The Global Mechanism of the UNCCD

Side Event Description:

 

The 10 year strategy of the United Nations Convention to Combat Desertification (UNCCD) promotes the synergistic  implementation of the three Rio Conventions (UNCCD, United Nations Framework Convention on Climate Change, Convention of Biological Diversity).  The resource mobilization strategy of the Global Mechanism (GM) responses to the issue of synergies through the Integrated Financing Strategies (IFS) process where climate change financial mechanisms is considered  part of the innovative finance for UNCCD implementation. Through the promotion of sustainable land management (SLM) practices, the UNCCD implementation contributes to climate change adaptation and mitigation.     
 
In many countries, sustainable land management projects remain limited in scope, and often no funding can be secured for the implementation. The Global Mechanism, in the context of the EC-funded project "Integrating Climate Change into Sustainable Land Management Investment Strategies", has worked on the framework for the institutionalization of a Climate and Land Investment Facility (CLIF) to work in cooperation with existing institutions and initiatives active in the area of climate change finance to develop more integrated approaches which include aspects of the whole LULUCF-sector (Land Use, Land Use Changes and Forestry) to address Desertification, Land Degradation and Drought (DLDD) and climate change impacts in drylands. Possibly, these project may also comprise the creation of carbon credits, which opens additional funding possibilities. The CLIF is intended to provide a platform for discussion and exchange amongst countries and various stakeholders on all levels.
 
During the side event of the Conference of Parties (COP) in Namibia, the work on this subject will be presented and the proposed structure of the CLIF will be presented and discussed with the participants in order to receive their feedback.

 

Coorganizations contact: The Global Mechanism of the UNCCD
Email address: k.awere@global-mechanism.org 
Email address: w.essahli@global-mechanism.org 


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