Climate change is one of the most severe threats for a sustainable future. IKI is a key element of Germany’s climate financing and funding commitments in the framework of the Convention on Biological Diversity. The Initiative places clear emphasis on climate change mitigation, adaptation to the impacts of climate change and the protection of biodiversity. These efforts provide various co-benefits, particularly the improvement of living conditions in partner countries.
The IKI acts as a pilot in six countries (Bangladesh, Dominican Republic, Kenya, Maldives, Mexico and Peru) and at global level to improve climate finance governance. To that end, it provides support to business and promotes transparency, responsibility, integrity and anti-corruption measures within climate finance governance at national and global level. This enables stakeholders in civil society, government and the private sector to play a stronger role in the development, implementation and management of climate finance policy. Cross-cutting working groups, online trainings, workshops and an online platform foster networking among the stakeholders.
Based on a decision taken by the German parliament (Bundestag), an annual sum of at least 120 million euros is available for setting up collaborative grants to be used by the initiative. For the first few years the IKI was financed through the auctioning of emission allowances, but the Public grant funding for demonstration it is now funded from the budget of the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety.
A global network of climate governance stakeholders has been created and corresponding national networks have been established in six pilot countries. Networking among them is supported through an online platform.
Climate finance, as well as relevant institutions, processes, guidelines and procedures have been mapped and evaluated at global and national levels.
Further, an e-learning software tool on climate finance governance issues is being developed.
Corresponding advisory support has been provided to network partners, relevant strategy papers have been developed, and at the international level, contributions have been made to articles and events in the six pilot countries
In order to assess the success of adaptation measures, monitoring and reporting of adaptation (MRA) systems are being developed. The information gained forms the basis for decisions on which approaches should be expanded and given increased funding.
The GML is estimated to be 7 since the program is working and could be transferred to other regions.