What is the approach of the SFCCD – in a nutshell?
First, the SFCCD will build on and seek to concretize six areas of action: (i) Make effective climate action – both adaptation and mitigation – part of core development efforts;(ii) Address the resource gap through existing and innovative instruments for concessional finance;(iii) Facilitate the development of innovative market mechanisms;(iv) Accelerate the deployment of existing, and the development of new, climate-friendly technologies;(v) Create an enabling environment for private sector finance;(vi) Step-up policy research on climate change and its links with development. Second, reflecting the multi-sectoral nature of the challenge, the SFCCD will encompass activities in many sectors, including energy, transport, urban development, water, agriculture, forestry, industry, economic policy, and social protection. Given the development and economic significance of climate change, the SFCCD will seek involvement and leadership by the ministries of development and finance, in addition
