Global Climate Action Summit (GCAS) 2018 : Affiliate Event

From Shifting the Trillions to Funding Local Climate Actions: How to Address the Global-Local Disconnect in Climate Finance Discourses and Approaches

Post-2015, the landmark Paris Agreement and the Agenda 2030 provide the framework for global action toward low-carbon and climate resilient sustainable development. Significant financial resources will be required to implement the post-2015 framework, with delays or inaction increasing costs exponentially. Much of the international discourse has centered on the need to rapidly “shift the trillions” Too often, this political focus diverts decision-makers’ attention from the concrete, more modest financing needs for urgent local climate actions. This is short-sighted and counterproductive. Local climate actions must become a priority in order to provide benefits and support to the hundreds of millions of people in developing countries already severely affected by climate change impacts.

What investment and financing vehicles, principles and priorities can help in better aligning global green investment with local financing needs that contribute to people-centered low-carbon and climate-resilient sustainable development? What role can various stakeholders, sectors and institutions such as investors large and small, businesses, climate funding mechanisms, banks or governments play in supporting such a global-local climate finance re-connect? And can American stakeholders, even without the Federal Government, play a global leadership role?

A panel of experts from a variety of backgrounds will offer their views and concrete recommendations.

Speakers:

Catherine Van Dusen Godschalk, Vice President for Investments, Calvert Impact Capital

Eric Usher, Head, United Nations Environment - Finance Initiative (UNEP-FI)

Kilaparti Ramakrishna, Head of Strategic Planning, Green Climate Fund (GCF)

Jeannette Gurung, Executive Director, Women Organizing for Change in Agriculture and National Resource Management (WOCAN)

Alexandre Lenferna, Climate Justice Advocate and Doctoral Candidate, University of Washington

Ursula Miniszewski, Program Officer - Gender and the Environment, Global Greengrants Fund

Moderator: Liane Schalatek, Associate Director, Heinrich Böll Stiftung North America

Livestream: https://us.boell.org/GCAS-2018-Affiliate-Events

Affiliate Event of Global Climate Action Summit

Organizer: The Heinrich Böll Foundation North America

Collaboration Partner: Goethe-Institut San Francisco

For more information, contact:

Liane Schalatek, Associate Director, Heinrich Böll Foundation North America (Liane.Schalatek@us.boell.org)

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