The relevance of social protection for inclusive, people-centred climate action has gained increasing attention under United Nations Framework Convention on Climate Change (UNFCCC) including in the contexts of the work programme on just transition pathways, loss and damage, and the global goal on adaptation. UN climate funds can play an important role in financing social sectors where private investments are not attractive, especially because of their mandate to support climate mitigation and adaptation in low- and middle-income countries.

In the margins of the UNFCCC Bonn Climate Change Conference (SB60), the event will bring together experts of climate finance and/or social protection to discuss the potential of the UNFCCC financial mechanisms to leverage social protection for climate action.

Agenda

17:00 – 17:05 Introduction

Welcome address

• Markus Loewe, Senior Researcher, IDOS

Setting the scene: Linkages between climate finance and social protection

Case study: an analysis of the Green Climate Fund (GCF)

• Mariya Aleksandrova, Senior Researcher, IDOS

Roundtable discussion

Guiding questions:

•   What are the strengths of the UN climate funds to finance social protection?
•   What complementary roles these funds could play in financing social protection considering the comparative advantages of each fund?
•   Are there synergies with other international and domestic funding mechanisms relevant to finance social protection?

Wrap up and closing

Moderation

• Daniele Malerba, Senior Researcher, IDOS

Acknowledgements: The event is supported by the German Federal Ministry for Economic Cooperation and Development (BMZ) through the project “Climate-Resilient and Nature-Compatible Sustainable Development through Socially Just Transformation” (Klimalog III).