Key mechanisms for strengthening climate resilience

Good governance for strengthening climate resilience consists of several aspects, including co-ordination across ministries and levels of governance, public participation, and adaptive decision making.  

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• Build inclusive governance arrangements for climate resilience.
• Empower local action by facilitating collaboration across levels of governance.
• Develop governance mechanisms for adaptive decision making.
• Enhance governance for greater coherence across different development agendas.
• Climate risks and opportunities throughout a policy cycle

A strong and efficient monitoring, evaluation and learning framework has the potential to support countries with measuring climate resilience by pointing to lessons learned and emerging areas of good practice. This includes identifying objectives to determine the most suitable approach and developing indicators consistent with human and financial capacities that can inform monitoring and evaluation

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• Identify necessary action on climate resilience and assess associated financial needs.
• Integrate climate resilience into public financial management.
• Elevate the role of finance ministries in enabling action on climate resilience.
• Select and combine financial instruments for the management of climate risks.
• Maximise the benefits of risk insurance solutions.
• Link action on financial inclusion with action on climate resilience.
• Further engage the private sector in climate-resilient investment.
• Facilitate access to climate finance.

Financial resources can be delivered from various sources through different mechanisms and instruments. Integrating climate risks into public financial management, facilitating access to climate finance, promoting private-sector investment and deploying effective risk financing instruments are all key elements for scaling up finance for climate resilience.

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• Identify the objectives of the MEL framework to determine the most suitable approach.
• Develop indicators consistent with human and financial capacities that can inform monitoring and evaluation.
• Conduct climate resilience portfolio and allocation analysis