Call for Action: Raising Ambition for Climate Adaptation and Resilience
This initiative acknowledges that adaptation challenges require inclusive and gender sensitive global action and shares a collective ambition, in line with the SDGs, to achieve a world in which no person is left behind by the impacts of climate change. The initiative calls to step up efforts to meet these challenges. In this context, they commit to enhance adaptation and resilience action, particularly in three areas (as relevant to governments and other organisations): 1) Acting now to respond to immediate climate impacts and to support the most vulnerable members of society, including by, as appropriate: (a) Significantly scaling up capacity to prepare and respond to disaster through increased access to mechanisms that enable early action, alongside climate risk insurance and other social safety nets, (b) Intensifying efforts to increase food and water security, particularly for smallholder farmers, (c) Prioritising and resourcing regional and country owned approaches in developing countries and communities facing climate related vulnerabilities, especially in SIDS and LDCs; 2) Building resilient futures by putting climate risk at the centre of decision making including by, as appropriate: (a) Integrating adaptation and resilience into long-term planning and allocating central capacity to oversee delivery; including through updated Nationally Determined Contributions, National Adaptation Plans, Adaptation Communications, National Development Plans, long-term low greenhouse gas emission development strategies, or other relevant long-term strategies , (b) Increasing the resilience of our economies and financial systems by taking steps to integrate climate risk into investment decision making and business planning, including through disclosing and pricing risk; while making every effort to avoid additional financial burdens in developing countries in a manner consistent with sustainable development, (d) Enabling and accelerating transition to resilient land use and ecosystems; emphasising the importance of protecting biodiversity and of nature- based solutions, (e) Equipping countries, businesses, youth and other stakeholders with tools to meet future challenges by sharing knowledge, data, and expertise; including through the development of metrics and encouraging sharing and dissemination of environmentally friendly technologies; 3) Urgently increasing the availability of adaptation and resilience finance including by, as appropriate: (a)Significantly scaling up international public finance for adaptation in developing countries and achieving a better balance between mitigation and adaptation flows; including through tools to reduce financial risk such as concessional and grant-based financing, (b)Providing technical assistance to strengthen policy frameworks and encouraging a greater share of financing for adaptation and resilience action at all levels, including at the local level, in line with national plans and policies, (c) Mobilising transformational investments from the private sector; including by developing innovative public/private partnerships and other tools to leverage new investment.
