Promoting Investments in Adaptation Through Technology Transfer
To demonstrate to market and financial institutions the viability of climate resilience investments in Tajikistan, the European Bank for Reconstruction and Development has partnered with the Climate Investment Funds’ Pilot Program for Climate Resilience to implement the Tajikistan Climate Resilience Financing Facility (CLIMADAPT). CLIMADAPT offers loans through local partner financial institutions to businesses, farmers and households to develop and use technologies to improve water and energy efficiency and land management practices. Projects under CLIMADAPT promote building of climate-resilient supply chains, and include modernization of technologies designed to address Tajikistan’s main climate change-related challenges of water and energy shortage, and increased soil erosion. Learn more about CLIMADAPT.
The Role of Blended Finance in Promoting Climate Resilience
At the PROADAPT Symposium in April 2017, Emilie Mazzacurati moderated the panel “The Role of Blended Finance in Promoting Climate Resilience,” focused on methods to create new funding mechanisms to leverage public and philanthropic funding to raise private capital for environmentally-beneficial projects. Virginie Fayolle from Acclimatise kicked off the discussion by highlighting how blended finance can be an important way to direct money towards specific projects, locations, and sectors that might not otherwise see private sector interest.Stephen Morel from OPIC noted, however, that blended finance brings certain challenges, thus requiring mechanisms to support private investor engagement in three broad categories: technical assistance, risk underwriting, and market incentives. Stacy Swann from Climate Finance Advisors drew attention to the facts that the more climate resilient a project is the more finance opportunities it is likely to present and that a project that does not take climate risks into consideration probably is not bankable.
Joan Larrea from Convergence closed by speaking about externalities and how transactions can have a public good element as well as a financial return. One example was a grant awarded to The Nature Conservancy to help the government of Seychelles, which was extremely indebted but also had a strong interest in protecting its coral reefs and fisheries. By helping to reshape the government’s debt profile and getting returns for their investors, they were also able to extract commitments from the Seychelles to implement certain activities that over time would protect their reefs and designate new protected fishery zones.
Four Twenty Seven is proud to welcome Daniela Vargas Mallard as a Senior Analyst. Daniela leverages her dual background in business strategy and environmental sustainability to collaborate in the development of Four Twenty Seven’s products integrating financial, climate and socioeconomic data for investors and corporate users. Her work supports ongoing research, product development, and business strategy, as well as other special projects. Prior to joining Four Twenty Seven, Daniela spent two years as a Business Analyst at McKinsey & Company, where she worked in projects across multiple sectors, ranging from public health to oil and gas, and across geographies, from South Africa to Brazil, with a particular focus on corporate and government strategy.
Four Twenty Seven is hiring! We are looking for Business Data Analysts and Business Development Managers for Europe and the US: see the position descriptions.
Join the Four Twenty Seven team in the field at these upcoming events:
September 11-13: EcoAdapt’s Resilience Ecosystem Workshop (by invitation only), Silver Spring, MD: Nik Steinberg, Director of Analytics, will present on Four Twenty Seven’s work on climate and health.
September 12-13:AgriFin 2017 Forum, London, United Kingdom: Yoon Kim, Director of Advisory Services,will speak about integrating climate risk into financial decisions at the Financing Low-Carbon Resilience Agriculture global forum hosted by the World Bank.
September 18-24:Climate Week NYC 2017, New York, NY: Four Twenty Seven CEO Emilie Mazzacurati will participate to the Global Adaptation and Resilience Investors Working Group (9/18) and the Sustainable Investment Forum (9/19).
September 25-27: PRI in Person 2017, Berlin, Germany: Meet with Emilie Mazzacurati to discuss the integration of climate risk in financial markets.
September 27-28:Deutsche Asset Management Client Conference(by invitation only), Berlin, Germany: Emilie Mazzacurati will present on Four Twenty Seven’s groundbreaking work on modeling climate risk for public equities.
October 10-13: SOCAP 2017, San Francisco, California: Meet with Four Twenty Seven team members to discuss impact investments and adaptation finance.
November 7-17:COP23, Bonn, Germany: Join members of the Four Twenty Seven team at side events at the UNFCCC’s 23rd Conference of Parties.