At COP30 in Belém, Brazil, the global climate finance architecture and the need to accelerate the flow of both public and private capital to climate-vulnerable nations was high on the agenda for Commonwealth member countries. This is particularly critical for Small Island Developing States (SIDS), Least Developed Countries (LDCs), and other vulnerable countries which continue to face persistent barriers to accessing finance at scale.
Existing mechanisms, such as the Commonwealth Climate Finance Access Hub (CCFAH) and the International Monetary Fund’s Resilience and Sustainability Facility (RSF), are already playing a pivotal role in addressing these challenges for members countries.
This hybrid event, following the Commonwealth Secretariat’s engagement at COP30, provides a timely opportunity to reflect on the COP30 outcomes on finance, assess the implications for Commonwealth member countries, and explore how mechanisms such as CCFAH and RSF can be leveraged to mobilise greater finance from both the public and private sector to achieve national climate goals. The event will also include the launch of the Commonwealth Blue Bonds Handbook.
Objectives
- Facilitate a dialogue among policymakers, partners, and financiers on the evolving global climate finance landscape post-COP30
- Identify practical opportunities for Commonwealth countries to translate COP30 commitments into country-level financing strategies
- Highlight successful examples of countries’ accessing and utilising facilities such as the RSF and CCFAH to strengthen resilience and sustainability
- Explore potential partnerships to catalyse blended finance and private sector investment for climate action across the Commonwealth
Expected outcomes
- Enhanced understanding of COP30 climate finance outcomes and the relevance of CCFAH and RSF for member countries
- Clear identification of opportunities for public–private collaboration to mobilise and scale up climate finance effectively across the Commonwealth
Participants
- Government representatives, including ministers, High Commissioners, diplomatic corps and policymakers
- Heads of sustainability, climate finance and net-zero from international oranisations
- Multilateral and development partners and international donors
- Executives and CEOs from major international banks and financial institutions
- Private sector investing in or impacted by climate finance mechanisms
Speakers include:
- Dr Arjoon Suddhoo, Deputy Secretary-General, Commonwealth Secretariat
- Mr Bo Li, Deputy Managing Director, International Monetary Fund
- Mr Suresh Yadev, Director, Climate Change and Oceans Directorate, Commonwealth Secretariat
- Mr Ananthakrishnan Prasad, Advisor Climate Finance, International Monetary Fund
- Dr Daniel Wilde, Head of Oceans and Adviser, Commonwealth Secretariat
- Ms Uzoamaka Nwamarah, Interim Head of Climate Change and Adviser, Commonwealth Secretariat
Registration
In-person attendance is by invitation only. If you wish to join virtually, do reach out to us for the registration information: [email protected]
