Plenary Session 5: Scaling-up programs, climate financing

The importance attached to scaling-up adaptation and and reinforcing adaptation planning is clearly recognized in the Paris Agreement. The INDCs/NDCs of many developing countries include adaptation planning as a priority. This session highlighted perspectives from countries, support agencies and funds on the formulation and implementation of the NAPs process, and provide an outlook on future needs.

Looking back to the principle of “common but differentiated responsibility”, countries need to develop instruments and policies based on country’s facts and details to commit and implement INDCs. On the Mediterranean level there are huge gaps between the northern, southern, and eastern countries. It’s true that some of the southern Mediterranean countries have lower CO2 emissions, but they have a high level of deforestation.

The majority of the new funds will go to the Carbon Fund, the l eading multilateral results-based REDD+ financial mechanism at scale. Mediterranean forests must obtain alternative funds to ensure their sustainability and support.

Objectives

• Share successful experiences in attracting funds for climate change and forest-based developed and implemented National Adaptation Plans;
• Provide insights and recommendations on arising needs and the leverage of funds for NAP formulation and implementation;
• Provide perspectives on the importance of the NAP process for supporting and funding agencies;
• Explore holistic opportunities to mobilize funds beyond the mere forest framework.