Series: Joint Multilateral Development Bank Pavilion Indigenous Peoples and Local Communities Dedicated Windows: Lessons for Emerging Mechanisms 21 October 2026 Armenia High-level roundtable led by CIF, WBG and AfDB highlighting how the governance model and learnings from the Dedicated Grant Mechanism for Indigenous Peoples and Local Communities (DGM) can inform the IP & LC allocation of funds like the Tropical Forest Forever Facility (TFFF), and the GEF new IP&LC initiative for GEF9 to enhance direct nature finance towards Indigenous People and Local Communities. This event, co-organized and facilitated by Climate Investment Funds (CIF), the World Bank Group, African Development Bank and Global Environment Facility, will explore how proven models of Indigenous Peoples and local community (IP&LC) governance, such as the Dedicated Grant Mechanism for Indigenous Peoples and local communities (DGM), can inform and strengthen the emerging generation of climate finance facilities. The DGM, was the first global mechanism designed and governed by Indigenous and local leaders, so far channeling USD 70 million directly to communities across 12 countries. A second phase is in early stages with USD 40 million in grant funding allocated under the CIF’s Nature, People and Climate (NPC) program. As such, the DGM will continue being a source of experience and lessons to be exchanged with others. Mechanisms under development such as the TFFF and its Dedicated Finance Allocation (TFFF-DFA), which reserves a minimum of 20% of forest payments for IPLCs, as well as recently established dedicated funding window for IP&LC and an aspirational 20% target to direct funding to indigenous-led conservation by the GEF, represent an evolving landscape for inclusive, rights-based nature finance. Expected Outcomes: Dissemination of key lessons from and governance modalities of DGM to inform future direct-access facilities. Explore ideas for continuous engagement and knowledge sharing between partners of DGM, TFFF and GEF window and other similar initiatives. Recognition of the importance and potential impact of inclusive governance, outcome-based approaches, and integration as core design principles for future nature funds. Program and Learning Materials 21 October 2026 Session / Activity Title Speaker(s) Opening Moderator Welcome AfDB Presentations High-Level Speaker: Importance of inclusive governance and direct access in nature financing TBD: Member of the TFC Presentations High-Level Speaker: The shift from beneficiaries to decision makers matters TBD: Indigenous leader or a member of the past GSC for the DGM Presentations High-Level Speaker: What DGM has taught us about Effective Financing of IP&LCs WBG (Valerie Hickey) Panel Discussion Panel: How can we incorporate lessons from DGM to maximize nature conservation outcomes through Indigenous Peoples and Local Communities leadership TFFF representative GEF representative or GEF-7 ICI representative Government Panel Discussion Audience Q&A Closing Closing Reflections CIF (Paul Hartman) Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s Ana Maria Gonzalez Velosa Duncan Lang Pailyn Tan ADB Organizer/s Climate Change and Sustainable Development Climate Change, Nature, and Environment Division Read Also Joint Multilateral Development Bank Pavilion Partner Organization/s World Bank Group Topics Environment Finance Regional Cooperation and Integration