What is the Global EbA Fund?
The Global EbA Fund is a quickly deployable mechanism for supporting innovative approaches to Ecosystem-based Adaptation (EbA) to climate change. The Fund is structured to support catalytic initiatives to help to overcome identified barriers to upscaling EbA. Furthermore, it is expected that the Fund will address the gaps in knowledge and planning for EbA, as well as to increase access to public and private funding for catalytic adaptation interventions. The Fund will prioritise filling in resourcing and knowledge gaps with a broad thematic focus on innovation and urgency, thus encouraging creative solutions and partnerships among funding applicants and the wider EbA community. By supporting catalytic interventions, the Fund will address research gaps, pilot innovative EbA approaches, engage in strategic EbA policy mainstreaming, and incentivise 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, 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.
- To expand access to sustainable short- and long-term finance mechanisms for applying and scaling up ecosystem-based approaches, including the incentivisation of private sector investment in EbA and reducing EbA’s dependence on high management capacity and continuous financial input.
The following are some examples of the types of EbA interventions that could have catalytic impact and help people to adapt to the adverse effects of climate change. This list is hardly exhaustive.
- 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. The measures funded by this programme are supported by specific expertise- and capacity-building, while strengthening information, knowledge and political will for nature-based solutions for adaptation. To do so, 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