Global leaders will attend the virtual Climate Adaptation Summit on 25 and 26 January. As part of the Summit’s Locally led adaptation action track, the Climate Investment Funds (CIF) joined partners to issue a statement reitering their continued commitment to empowering communities to take leadership and ownership of actions that are helping address some of their most pressing climate risks and vulnerabilities.
The Summit, which will be hosted by the Netherlands, will bring together political, business and other international leaders for a series of online presentations and panel discussions. Participants in an opening session will include Kristalina Georgieva, Managing Director of the International Monetary Fund; Boris Johnson, Prime Minister of the United Kingdom; Evelyn Wever-Croes, Prime Minister of Aruba; Narendra Modi, Prime Minister of India; and David Malpass, President of the World Bank.
The Summit's full agenda is here, and many of the talks will be directly relevant to the CIF’s work and ambition. For example, there will be sessions on:
During the Summit, a project by CIF and the African Development Bank was announced as the winner of the People's Choice Award for Sub-Saharan Africa in the "Water Changemakers” awards. The project received over 6,600 votes online in the days leading up to the announcement. The pilot project, called "Strengthening Climate Resilience in the Kafue sub-Basin SCRiKA), aims to strengthen the resilience of communities in rural Zambia so that they can better respond to climate variability and the longer-term consequences of climate change. You can read more here.
CIF’s commitment to locally-led adaptation action
CIF has endorsed several key principles of climate adaptation which it will champion and support, including by sharing learning from its existing resilience enabling investments totaling $1.9 billion and seeking to apply them through its new programs.
CIF has endorsed and committed to supporting the following principles to catalyze locally-led adaptation:
The full statement is found here.
Read more about the Climate Adaptation Summit here.