Climate Change: The Politics of Action and Finance

Tracking and reporting financial flows is needed to help measure the effectiveness of climate actions. This also helps in building trust and accountability and to monitor trends and progress. In this presentation, Pretty Bhandari, ADB’s Director for Climate Change and Disaster Risk Management, talks about political economy and climate change, climate finance architecture, and the climate action taken by ADB.

Outcomes of the Break-out Groups

Forum participants enumerated the limitations of existing financial instruments, which include, among others, a lack of accessible and adequate data and a common understanding about how to characterize loss and damage.

They also discussed strategies and options that can be taken to create an enabling environment for financial instruments.

Localizing Global Agendas: the 2030 Agenda for Sustainable Development including Disaster Risk Reduction and Climate Action

This presentation examines global climate pacts like the Paris Agreement and Sendai Framework for Disaster Risk Reduction 2015-2030. It looks at climate change and disaster risk reduction in the context of the sustainable development goals. Lastly, it underscores the importance of an integrated approach in the implementation of global agreements.