Component 1
Programming dialogue with finance partners
Identify key public- and private-sector financiers and project proponents with expertise, capabilities, and resources in order to design and execute specific projects, instruments, and financial vehicles for addressing investment needs. These finance partners should possess the technical know-how and capacity to effectively implement and manage the investments in question.
Additionally, assessing their available resources, including financial capabilities, is essential to gauge their ability to execute the envisioned solutions successfully.
Step 1
Conduct programming dialogue with finance partners
Decision-makers should convene finance partners and project proponents around the financial plan developed under Stage 3. The aim is to understand the requirements of the investment process and begin fleshing out specific project or program ideas. Organize discussions around sectors or thematic areas in order to cover a range of issues systemically through coordinated interventions. Determine whether there is alignment to proceed with concrete investment interventions and project ideas. To do so, disseminate the plan; raise awareness about the efforts to remove investment barriers; and foster partnerships between decision-makers, financiers, and implementers. Ascertain what the next steps are to advance the desired investments and how to create conducive enabling environments.
Example: To strengthen its adaptation capacity, the government of Saint Lucia has been working with various organizations to enhance climate resilience. As part of its national adaptation planning process, Saint Lucia developed a Private Sector Engagement Strategy in 2020, aimed at promoting private sector participation in national adaptation efforts. The strategy outlines key components of the Saint Lucian private sector, defining engagement modalities and highlighting ways in which the public sector can incentivize private sector involvement and investment in climate change adaptation.
Support resources
The following resources can be considered. Explore the NDC Partnership Knowledge Portal Climate Toolbox for additional programming dialogue with finance partners resources.