Series: 2021 Resilience Learning Month The Systematic Observations Financing Facility (SOFF): Exploring Opportunities for ADB 14 December 2021 The Systematic Observations Financing Facility (SOFF) established at COP26 in Glasgow, aims to mobilize $200 million in grant funds to support LDCs and SIDS improve their weather observation infrastructure. The support includes (i) TA resources to undertake initial assessments; (ii) grant resources to establish observation infrastructure, and (iii) results-based financing to support the maintenance of observation infrastructure. ADB, as a member of the Alliance of Hydromet Development, is considering becoming a SOFF implementing entity. Markus Repnik, Director of Development Partnerships at the World Meteorological Organization (WMO) presented the SOFF and discussed opportunities to access this innovative finance for weather and climate observations. Event Summary Program and Learning Materials 14 December 2021 Session / Activity Title Speaker(s) Opening Opening Remarks Steven Goldfinch Presentation Systematic Observations Financing Facility (SOFF): Briefing for ADB Operations Staff This presentation gives an overview of the successful application of weather and climate services through the Systematic Observation Financing… Markus Repnik, Lorena Santamaria Questions and Answers Moderator: Steven Goldfinch 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 Steven Goldfinch ADB Organizer/s Climate Change and Sustainable Development Department Climate Change, Resilience, and Environment Cluster Read Also 2021 Resilience Learning Month Topics Climate Change Disaster Risk Management Finance