What is the Global EbA Fund?
The Global EbA Fund supports innovative approaches to Ecosystem-based Adaptation (EbA) to climate change. The Fund supports catalytic initiatives to help overcome identified barriers to upscaling EbA. The Fund prioritises filling in planning, knowledge, and resourcing gaps with a broad thematic focus on innovation and urgency, and encourages creative solutions and partnerships. By supporting catalytic interventions, the Fund addresses research gaps, pilots innovative EbA approaches, engages in strategic EbA policy mainstreaming, and incentivises innovative finance mechanisms and private sector EbA investment.
© Audy Valera for SOS SAHEL
- To build awareness and understanding of the critical role of natural assets in underpinning resilience to climate change, expand the knowledge and evidence base to help make the case for working with people and nature, and enhance institutional capacities for mainstreaming EbA into national plans and policy frameworks and vertical integration and alignment of EbA across sectors.
- To address planning and other governance gaps in policy and regulatory environments to increase the attractiveness and feasibility of using and upscaling ecosystem-based approaches for climate change adaptation.
- To expand access to sustainable short- and long-term finance mechanisms for applying and scaling up EbA, including the incentivisation of private sector investment in EbA and reducing EbA’s dependence on high management capacity and continuous financial input.
The Global EbA Fund considers catalytic interventions as those that increase scalability or replicability of EbA interventions, shift social or behavioural norms, strengthen the case for economic viability or feasibility of EbA interventions, expand the evidence base for EbA effectiveness, integrate EbA into complementary climate adaptation strategies, create synergies between EbA initiatives, and/or mainstream EbA into policies, institutions, or other sectors.
The following is a non-exhaustive list of examples of such interventions.
- Directed research addressing how to overcome specific constraints for EbA and address gaps in knowledge (e.g. economic valuation, gender integration, capturing mitigation co-benefits, incentives for private sector investment, trade-offs and limits for EbA, etc.)
- Strategic pilot or demonstration actions, specifically where the Fund identifies high potential for up-scaling through multilateral funds (e.g. GCF) and other adaptation finance options, for which the Fund would directly build capacity of the grantee(s)
- Piloting innovative or “unproven” approaches for EbA, where monitoring of impacts can build knowledge based on costs and benefits (impact)
- Integrating EbA methods and approaches into traditional infrastructure projects
- Removing barriers from up-scaling EbA interventions at the policy or landscape levels
- Support for strategic and focused EbA policy mainstreaming (e.g. integrating EbA approaches into a municipal plan)
- Innovative finance mechanisms for EbA (e.g. community incentive schemes, payments for ecosystem services, etc.)
- Incentivising private-sector investment in EbA and de-risking lending for EbA approaches (e.g. through agricultural lending)
Why IUCN and UNEP?
IUCN and UNEP support target countries in implementing EbA measures to meet their global plans and commitments and to help people to adapt to the adverse effects of climate change. To support the Global EbA Fund, IUCN and UNEP are drawing on their extensive existing networks, tools and expertise, including Friends of Ecosystem-based Adaptation (FEBA) and the Global Adaptation Network (GAN).
Header Image: © UNEP