Efficacy of unrestricted community-based small-scale finance (micro-grants) in the Pacific (PDF)
By : Climates -
Research Brief Summary:
● Climate financing in the Pacific is mainly limited to multilateral and bilateral initiatives
● The distribution of climate finance available to the Pacific Islands is problematic due to a combination of issues which cumulatively undermines communities’ capacity to access such funds
● Governance approaches of adaptation climate funding in the Pacific have given rise to challenges such as inequitable representation of vulnerable communities, lack of alternative funding channels to appropriately implement climate initiatives at local scales and a lack of interest from Pacific states to apply for funding
● Whilst bottom-up approach to climate initiatives such as Community Based Adaptation (CBA) projects is becoming more important over time, there have been minimal cases of success of CBA initiatives in the Pacific
● CBAs such as the Druadrua Island in Fiji and the Futuna Island in Vanuatu exemplify endeavours which provide valuable lessons on what works well in climate initiatives that are driven at community-based level