A new World Bank trust fund called EnABLE (Enhancing Access to Benefits while Lowering Emissions) has been established to promote inclusion and equality in result-based climate finance programs.

EnABLE seeks to help marginalized and disadvantaged communities enhance their access to carbon and non-carbon benefits generated through emissions reduction programs. EnABLE will support programs under the new Climate Emissions Reduction Facility of the World Bank’s Climate Change Funds Management Unit, including the BioCarbon Initiative for Sustainable Forest Landscapes (ISFL) and the Forest Carbon Partnership Facility (FCPF).

Inclusive climate finance programs work to ensure that interest of marginalized groups are addressed in the formulation and implementation of the benefit-sharing plans. These programs also work to engage disadvantaged groups in policy discussions and decisions.

EnABLE will provide support in three main areas:

1) Building the capacities and skills of local communities and civil society organizations to participate in the preparation, implementation and monitoring of result-based climate finance programs;

2) Providing grants that establish partnerships between stakeholders and support activities that ensure increased engagement of marginalized beneficiaries in emission reductions programs and their benefit-sharing plans; a

3) Facilitating the sharing of good practices, Indigenous knowledge, and innovations between countries, marginalized communities, and funds under the World Bank’s Climate Emissions Reduction Facility to increase social inclusion and gender equity when designing and implementing emission reductions programs.

With access to grant financing for awareness raising and capacity strengthening, disadvantaged groups can have more opportunities to build the skills needed to effectively partner with governments, the private sector, and civil society organizations.