CCI brief for Finance in Common Summit
FOR IMMEDIATE RELEASE
CCI brief for Finance in Common Summit suggests ways to speed resources to achieve climate and poverty goals
FEB. 26, 2025 — With the Finance in Common Summit under way in Cape Town, South Africa, Climate Civics International has offered a policy brief outlining the tools and strategies to accelerate the movement of capital to address climate change and achieve Sustainable Development Goals.
With the sudden retreat of support from major donors like the United States, the collapse of critical climate systems could happen faster than expected, leading to disastrous consequences. As CCI's policy brief notes, "If such aid is not delivered, we know the trends toward local destabilization will rapidly worsen in many places, and safeguards against the spread of conflict will be undermined."
CCI suggests that public development banks, local governments, and national economic development programs can add more value to the mainstream economy, by advancing investable opportunity in seven areas:
Expand climate value: Policies, trade and funding decisions at all levels shield the climate from further deterioration.
Alignment of pricing measures and regulations: Setting trade standards and providing incentives for both nations and industries to compete inside a better marketplace.
Data systems: Link Earth science platforms into financial data flows to support better outcomes for people and for the planet.
Early warning capacity: Integrated data systems can save lives, protect infrastructure and investment, and prevent multi-generational debt burdens from halting development.
Nature and biodiversity: Set standards that reward banks and financial institutions for prioritizing support to business practices that restore nature and protect biodiversity.
Secure food supplies: Align food systems finance, production and distribution methods, to support better health outcomes, macroeconomic stability and decent and enduring livelihoods for agricultural communities.
Participatory civics: Stakeholders at the local level must have a say in government policies to address climate risk and wealth inequality.
CCI's policy brief recommends "renewed exploration of connections and teleconnections, to inform financial data and other performance metrics that drive decision-making. The aim of this recommendation is simple: We need to begin connecting the dots in ways we have not done so to date."
Read more in CCI's policy brief on "Levers of Acceleration for Finance in Common."
CONTACT: Steve Valk, steve@climatecivics.org, 404-769-7461.