Solomon Islands Meet With UNCDF, New Zealand and the European Union on the Delivery of $15 M for Locally Led Adaptation
Representatives and officials from the UN Capital Development Fund (UNCDF), New Zealand and the European Union (EU) met with Solomon Islands’ leaders recently to prepare for the implementation of the Local Climate Adaptive Living (LoCAL) Facility, which will deploy over USD15 million in climate finance for the highly vulnerable Pacific nation. Through the support of New Zealand and the EU, funds will support the delivery of adaptation projects at the grassroots level and deliver on national commitments to build resilience to the escalating impacts of climate change.
Presently some 38 countries around the world have engaged LoCAL to unlock climate finance for local governments to support adaptation efforts, including eight Small Island Developing States (SIDS).