Creating a Fund to Kickstart Climate Ready Technologies
In East Asia there are worsening natural disasters resulting from extreme weather events such as typhoons, heavy rainfall, and droughts, causing deteriorating quality and quantity of water supply; declining agricultural productivity; outbreaks of water-borne diseases; and reduced effectiveness of natural coastal defences, to name a few. However, less developed nations lack the technologies that exist elsewhere to effectively support national strategies in climate mitigation and adaptation due to nascent or non-existent markets for those technologies in their respective countries. A client sought to establish a fund that would support the development of markets for climate ready technologies in several lesser developed East Asian Countries. We supported the client to develop this regional programme first by identifying the climate rationale in each of the countries where the fund would operate. This provided the justification for the technological intervention; however, it did not assess the relative markets for those technologies. For the fund to have an impact it would need to provide financial support to technologies that would be considered additional to ongoing interventions including markets that could be considered mature. For that reason, we first identified technologies that could in theory be used to address climate impacts and mitigate emissions in those countries and then undertook a comprehensive additionality analysis on each of the technologies so that the fund could support truly additional technologies. We also developed methodologies to calculate the potential impact of the fund. Using our adaptation and mitigation expertise and knowledge of climate financiers, we then supported the development of a proposal and feasibility documents to attract investment from major international climate funders to capitalize this proposed fund. AvaTerra Global has a deep bench of expertise that can support the development of complex, multifaceted, multinational, regional climate finance programmes. Contact us to explore how we can support you in these efforts. We have anonymized this story to protect the confidentiality of our client and where it took place, but the actions and results are real. Back to Stories Page Our Stories AvaTerra Global has vast global experience leading high-impact engagements across the climate, development, and sustainable investment landscapes. We invite you to read about some of the results we have delivered for our clients. A Holistic Climate Project for Small Islands Adaptation | Capacity Building | Clean Energy | Climate Finance | Nature-Based Solutions | Theory of Change Island ecosystems are often isolated and fragile and hence are more vulnerable to the effects of climate change. In addition,… Read More Aligning Ambition: Building a Climate Investment Vision that Can Attract Finance Climate Finance | Climate Investment Planning | Country Platforms In a country seeking to scale up climate action, the government set out to develop a climate investment plan that… Read More Bridging the Gap: From Climate Proposals to Bankable Finance Climate Finance | Investment Mobilization | Nature-Based Solutions A leading organization in nature-based solutions had a bold vision – channeling finance to ecosystem services, agroforestry, and smallholder resilience.… Read More Building Knowledge, Building Adaptation Adaptation | Capacity Building | Climate Finance | Climate Policy | Institutional Development | Investment Mobilization A well-established training institution in a geographically diverse and highly populated part of the world was looking to integrate adaptation… Read More Creating a Fund to Kickstart Climate Ready Technologies Adaptation | Climate Finance | Climate Rationale | Climate Technologies | Decarbonization In East Asia there are worsening natural disasters resulting from extreme weather events such as typhoons, heavy rainfall, and droughts,… Read More Developing Carbon Trading Methodologies for Increased Recycling of Solid Waste Carbon Trading | Climate Finance | Decarbonization | Investment Mobilization Deforestation is the primary source of greenhouse gas (GHG) emissions in much of the humid tropics, with a significant amount… Read More Investing in Advanced Low-Carbon Climate Technologies Climate Finance | Climate Technologies | Decarbonization | Investment Mobilization | Technology Transfer A Fortune 500 company was interested in identifying emerging low-carbon technologies (LCTs) and applications where the company could apply its… Read More Nature-Based Solutions to Combat Water Related Disasters Climate Finance | Disaster Preparedness | Disaster Risk Management | Early Warning Systems | Nature-Based Solutions | Water Sector Parts of South-East Asia are at extreme risk from the impacts of typhoons and resultant flooding. One such area was… Read More Raising Profiles, Raising Finance Climate Investment Planning | Climate Rationale | Institutional Development | Investment Mobilization | National Meteorological and Hydrological Services (NMHS) A leading ministry in a Least Developed Country was keen to raise its profile across government as a key enabler… Read More Tackling Illegal Tropical Deforestation through Climate Policy Adaptation | Climate Finance | Climate Policy | Deforestation | Theory of Change Deforestation is the primary source of greenhouse gas (GHG) emissions in much of the humid tropics, with a significant amount… Read More Let’s Stay Connected If you’re exploring opportunities to collaborate or want to see how we can support your work, provide your email address and sector here. Knowing a little about your context helps us better understand how we can support you. Get in touch with our experts
Raising Profiles, Raising Finance
A leading ministry in a Least Developed Country was keen to raise its profile across government as a key enabler of mobilizing finance from the international community. The ministry was responsible for managing the country’s climate finance portfolio but recognized it needed to build institutional capacity to access finance from international climate funds. With severe drought in some parts of the country and flash floods in other parts; challenges in energy access; limited early warning systems; poor roadways; and outdated infrastructure, the ministry was aware that the impacts from climate change were worsening the conditions of many people and their livelihoods. Being able to access financial resources from the international community to address many of these challenges was critical to the country’s sustainability. The ministry knew sources of funding were available at the international level but was unsure how to go about accessing these resources. They also needed to better understand their role in climate finance mobilization processes to raise their profile across government. This started with needing to capacitate relevant ministry staff as well as staff in other relevant agencies. This included the country’s meteorological service because key to climate finance decision-making is the need to have a well-capacitated and empowered national meteorological agency. Our team worked closely with the ministry, the country’s meteorological service, and other actors across government to guide them on elevating their profile, capacitating them to deliver on their roles in mobilizing climate finance for their country. We enhanced their knowledge on climate finance processes, strengthened their institutions, identified gaps where additional funding and support from the international community would be needed, and developed a plan of action that they could take forward. That plan is now being implemented, and the ministry, the meteorological service, and other actors are bridging the gaps that earlier impeded their access to finance. AvaTerra Global works with countries in all levels of development to guide them in navigating the complexities of accessing climate finance. Contact us if you would like to learn more. We have anonymized this story to protect the confidentiality of our client and where it took place, but the actions and results are real. Back to Stories Page Our Stories AvaTerra Global has vast global experience leading high-impact engagements across the climate, development, and sustainable investment landscapes. We invite you to read about some of the results we have delivered for our clients. A Holistic Climate Project for Small Islands Adaptation | Capacity Building | Clean Energy | Climate Finance | Nature-Based Solutions | Theory of Change Island ecosystems are often isolated and fragile and hence are more vulnerable to the effects of climate change. In addition,… Read More Aligning Ambition: Building a Climate Investment Vision that Can Attract Finance Climate Finance | Climate Investment Planning | Country Platforms In a country seeking to scale up climate action, the government set out to develop a climate investment plan that… Read More Bridging the Gap: From Climate Proposals to Bankable Finance Climate Finance | Investment Mobilization | Nature-Based Solutions A leading organization in nature-based solutions had a bold vision – channeling finance to ecosystem services, agroforestry, and smallholder resilience.… Read More Building Knowledge, Building Adaptation Adaptation | Capacity Building | Climate Finance | Climate Policy | Institutional Development | Investment Mobilization A well-established training institution in a geographically diverse and highly populated part of the world was looking to integrate adaptation… Read More Creating a Fund to Kickstart Climate Ready Technologies Adaptation | Climate Finance | Climate Rationale | Climate Technologies | Decarbonization In East Asia there are worsening natural disasters resulting from extreme weather events such as typhoons, heavy rainfall, and droughts,… Read More Developing Carbon Trading Methodologies for Increased Recycling of Solid Waste Carbon Trading | Climate Finance | Decarbonization | Investment Mobilization Deforestation is the primary source of greenhouse gas (GHG) emissions in much of the humid tropics, with a significant amount… Read More Investing in Advanced Low-Carbon Climate Technologies Climate Finance | Climate Technologies | Decarbonization | Investment Mobilization | Technology Transfer A Fortune 500 company was interested in identifying emerging low-carbon technologies (LCTs) and applications where the company could apply its… Read More Nature-Based Solutions to Combat Water Related Disasters Climate Finance | Disaster Preparedness | Disaster Risk Management | Early Warning Systems | Nature-Based Solutions | Water Sector Parts of South-East Asia are at extreme risk from the impacts of typhoons and resultant flooding. One such area was… Read More Raising Profiles, Raising Finance Climate Investment Planning | Climate Rationale | Institutional Development | Investment Mobilization | National Meteorological and Hydrological Services (NMHS) A leading ministry in a Least Developed Country was keen to raise its profile across government as a key enabler… Read More Tackling Illegal Tropical Deforestation through Climate Policy Adaptation | Climate Finance | Climate Policy | Deforestation | Theory of Change Deforestation is the primary source of greenhouse gas (GHG) emissions in much of the humid tropics, with a significant amount… Read More Let’s Stay Connected If you’re exploring opportunities to collaborate or want to see how we can support your work, provide your email address and sector here. Knowing a little about your context helps us better understand how we can support you. Get in touch with our experts
