Page 13 - IB November 2023
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Climate Change                                                                      Climate Change








































       Will their voices be heard? Surrounded by water, these children in the Solomon Islands wade their way towards an uncertain future.



       years from start to project implementation.          available in Pacific Island countries.
         “With climate change, the need [for finance] is now. If it’s   A UN report titled, ‘Accessing Climate Finance: Challenges
       delayed, it multiplies, the impacts are compounded and so   and Opportunities for Small Island Developing States’ sums
       the magnitude increases and the need is even more dire.   it up: “SIDS public sectors inherently face major human
       If you talk about coastal protection, like sea level rise and   and technical capacity constraints throughout the project
       coastal erosion, as a community, you notice that the coastal   cycle, from project origination to implementation. The
       areas are starting to erode, so let’s get climate finance   complexity of the climate finance landscape and the lack of
       help us address this. In 10 years, not only has your coastal   harmonisation among the requirements of multilateral climate
       zone totally eroded, but you may have also lost an adjacent   funds and donors further exacerbate this challenge.”
       mangrove ecosystem, you’ve lost land, you’ve lost the use of
       a whole ecosystem.”                                    Climate or development funding
         Having to prove that the project proposal is directly related   At the macro level, the Pacific is now pushing for a change
       to climate change, is a big requirement.             in the climate finance conversation. Pacific countries want
         Says Moresi: “From [the climate fund] perspective, they   climate finance to be recognised as development finance.
       want to make sure that the allocation of resources [funds]   Dealing with the increasing impacts of climate change upon
       and the implementation addresses the climate issue. Climate   public infrastructure, for example, becomes a development
       change is so cross-cutting and broad that you should also   need.
       consider social impacts like health and education, gender,   It is yet another point of battle between small island states
       etc. But it needs to be more than just a casual link. It needs   and the climate finance agencies.
       to be a substantial, evidence-based link to justify how the   “If we do development in a way that’s cognisant of the
       project is going to address those cross-cutting issues.”  realities of climate threat, then the definition of climate
         It doesn’t stop there. The level of data-specific project   funding isn’t fixed,” says Samuwai. “The GCF will always say
       validation is onerous.                               ‘no, this is not a climate cost. This is a development cost.
         “They want evidence—compelling scientific evidence. For   You’re building a bridge? It’s not climate related.’
       example, [they will say] ‘show us the baseline - that the sea   “And we’re projecting that the water level will increase to
       level, the coastline was there and because of climate change   this level, or we need to strengthen all the houses, because
       impacts, these are the new water markers’,” says Samuwai.  the intensity [of cyclones] will increase. Now, the climate
         Quite often, that’s the kind of data that is not easily   needs really are development needs because that is the new

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