The Climate Finance Access Network (CFAN), coordinated by RMI and supported by regional and global partners, has announced the first eight countries to receive dedicated advisors for climate finance. Fiji, Kiribati, Papua New Guinea, Samoa, the Solomon Islands, Tonga, Tuvalu and Vanuatu will receive advisors specifically trained and placed to unlock critical climate finance in developing countries.
Last week’s release of the Intergovernmental Panel on Climate Change Sixth Assessment Report (AR6) clearly sounded the alarm on the climate crisis. Climate change is hammering populations globally, and impacts such as rising temperatures, storm surges, and sea-level rise (which AR6 confirms is now locked in) have been felt acutely across the developing countries in the Global South. This is particularly true of coastal regions and Small Island Developing States (SIDS), where some of the world’s most vulnerable populations live. AR6 emphasizes what the Global South has been saying for years: Responding to this crisis is a global imperative, and there’s little time to spare.