The impact of Covid-19 on climate change and disaster resilience funding: trends and signals

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https://www.odi.org/publications/17435-impact-covid-19-climate-change-an...

This briefing note recommends:

  • Adapt existing anticipatory action/early warning and response finance mechanisms to a broader range of threats, including pandemics, and continue to improve their design and implementation.
  • Do not create standalone Covid-19 recovery plans, but integrate them into low-carbon and resilient development plans, building on existing efforts.
  • Donor countries need to get back on track in leveraging finance towards climate change adaptation and disaster risk reduction and ring-fence such commitments, including those within the 0.7% gross national income targets.
  • Further consideration is required to offer de-risking financial instruments to engage the private sector.
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