Global webinar
23 October 2025, 14 :00-15 :30 (CET)
Register for the webinar here
Co-organized by UNDP, NDC Partnership, and the Center for Access to Climate Finance under the auspices of the Adaptation Accelerator Hub (AAH) – an initiative launched under the Italian G7 Presidency, with the CMCC Foundation providing scientific and technical support to the Italian Ministry of the Environment and Energy Security (MASE) for its overall development – the webinar builds on the High-Level Solutions Dialogue on Climate Change Adaptation, convened by the UN Secretary-General with partners on 22 September 2025 and aims to take forward the discussion on how innovative finance for adaptation can be scaled and replicated.
It will begin by framing the adaptation finance challenge and introducing the forthcoming Adaptation Finance Strategy Guidelines of UNDP, illustrating how NAPs and NDCs are being translated into pipelines and financing strategies. From there, the session will unpack a range of emerging and scalable financing instruments, including bonds, insurance and risk financing, and Special Drawing Rights (SDR) based instruments, highlighting practical design considerations, enabling policies, and pathways to unlock both public and private capital.
The discussion will be grounded in real-world country experiences. Uruguay will share its pioneering climate performance-linked sovereign bond, the first of its kind to tie financial incentives to adaptation outcomes. Through an interactive exchange with an expert from the Insurance and Risk Financing Facility (IRFF), Ethiopia’s Ministry of Finance will present its Disaster Risk Finance Strategy and efforts to establish a national disaster risk fund and public asset insurance. A representative of the International Monetary Fund (IMF) will present on the potential of Special Drawing Right (SDRs) as a key tool for climate and development finance, sharing the IMF’s and partner countries’ experiences (namely Rwanda and Costa Rica) with the Resilience and Sustainability Facility (RSF).
Additional country examples may be included to showcase diverse blended finance facilities, municipal or blue bonds, credit guarantees, or climate investment pipelines for instance. Private sector innovation and risk transfer solutions will be explored through the lens of insurance and co-investment opportunities and how these mechanisms can be scaled, replicated, and supported through policy, technical assistance, and blended finance.