The Global Shield against Climate Risks is a collaborative initiative by the G7 and V20 to increase pre-arranged finance for climate-vulnerable countries and communities and contributes to addressing losses and damages caused by climate change. The Global Shield was officially launched at COP 27, and now details of the implementation process in the first set of pathfinder countries are being developed. The Civil Society Organizations (CSOs) working under the Multi-Actor-Partnership on CDRFI project (MAPs) have published an opinion paper outlining their key expectations (and possible contributions), building on a side event at COP 27 at the V20/CVF Pavilion. The MAPs partners are ready to support the Global Shield, especially to build upon the work done in the pathfinder countries Senegal, the Philippines, and Malawi.
MAPs partners expect the Global Shield to be inclusive, gender-transformative and to follow pro-principles. It needs to be backed with substantial, new, and additional funding and cover a broad variety of risks. The processes under the Global Shield need to be multi-stakeholder driven and participatory, thus including CSOs in high level and national processes. Activities should always build upon existing structures and avoid duplication. The access to Global Shield funding needs to be swiftly opened to as many countries as possible, while ensuring that any funding process is evidence driven, as little procedural as possible, accessible, transparent, and accountable. Finally, a wide range of activities, adjusted to the vulnerable countries’ needs, should be supported.
The Multi-Actor-Partnerships on CDRFI, which have been established in the last three years in Caribbean, Malawi, Madagascar, the Philippines, Senegal, and Sri Lanka through local project partners with support from CARE Germany, MCII, and Germanwatch, have a lot to offer to the process. They can provide a landing zone for the Global Shield as it offers established multi-actor communities on CDRFI, including in the pathfinder countries. Key actors and offices are already organized and knowledgeable about CDRFI. Thus, coordination will be easier, allowing to better focus on implementation. MAPs can help ensure complementarity and build on top of what is already there. Through connections on the ground, MAPs can generate data, and evidence and explore gaps and needs.
Read the full opinion paper here
Find the proceedings of a virtual conference on pro-poor & gender-just CDRFI here