This year’s COP27 saw the launch of the Enhancing Access to Benefits while Lowering Emissions (EnABLE) Trust Fund, aimed at ensuring that marginalized and disadvantaged communities are fully engaged in results-based climate finance (RBCF), participate in the implementation of programs, and share in the benefits derived from them. EnABLE is closely affiliated with, and works across the programs and trust funds of its umbrella trust fund, the Scaling Climate Action by Lowering Emissions (SCALE) that was also launched at COP27.
Ensuring programs are socially inclusive and enhance gender equality is of paramount importance as it increases their equity and effectiveness. The lack of inclusion in participation, in turn, means that RBCF does not benefit from the nuanced understanding of local contexts, which can be a critical ingredient to the design, and especially the implementation, of climate change mitigation and adaptation activities.
The Social Inclusion Strategy for RBCF is designed to provide guidance and references for understanding what social inclusion means in the context of EnABLE, why it is important to support inclusion in RBCF, and how to enhance and measure social inclusion in EnABLE programming. This hybrid webinar will feature the strategy’s co-authors and provide opportunities to exchange ideas on how to ensure social inclusion and gender equality is fully integrated in the World Bank’s results-based climate finance activities.