A billion-dollar international climate finance portfolio may appear significant, but it remains very small compared to the scale of vulnerabilities countries are facing now and will face in the near future. If the global community is serious about protecting vulnerable communities and ecosystems, direct delivery of the grantbased climate finance must expand soon, at least doubling the current level.
Through the lens of Natural Rights-Led Governance (NRLG), climate finance must move beyond treating nature merely as an economic resource. It must safeguard life, ecosystems, and future generations together.
The Strategic Climate Fund (SCF) under the Climate Investment Funds has a unique opportunity to support transformative pathways through:
• Consolidate legacy reflows (from FIP, PPCR, and SREP) into a collective "Futures Window." This creates a High Leverage Mechanism that prioritizes the Nature, People, and Climate (NPC) continuum, moving us beyond small, fragmented funding pools toward scalable impac
- Adopting flexible financing approaches that can reach areas where rigid compliance-driven mechanisms often cannot. Unlike other funds restricted by UNFCCC conventions, the SCF must leverage its unique flexibility to bridge the gap between climate action and national economic prosperity.
- Expanding employments and adopting programa focusing on protecting "Natural Rights" e.g. community led cross-border river basins management. By prioritizing inclusive workforce strategies and social protection for women and youth-led enterprises, we ensure that a "Just Transition" is a sovereign reality, not just a policy goal
• Applying Innovative financial instruments, including non-sovereign contributions and non-burden financing tools considering ntional fiscal conditions.
• Promote country-specific financial solutions, recognizing that climate risks and development contexts differ across nations
Programs like ARAISE, which can accelerate resilience investments while enabling continuous learning and adaptation as well. Ultimately, climate finance must move beyond the size of portfolios to the quality and purpose of financing, protecting both people and nature together.”