Climate finance is central to achieving low-carbon, climate resilience development in developing countries.
Developing countries are the most vulnerable to climate change and yet have limited resources to ensure an effective response. Developing countries require support in their efforts towards climate compatible development through the use of climate finance, both public and private. Particular areas of need are mitigation, adaption, technology transfer, and capacity building.
At HATOF, we leverage partnerships to create opportunities for our beneficiaries, and relevant institutions to plan, access, deliver and scale-up a variety of multilateral funds to address national environmental challenges.
HATOF particularly offers strategic assistance to, and building capacity of, public and private sector organisations and NGOs in catalysing and accessing multilateral environmental funds–from the Global Environment Facility, Green Climate Fund, Adaptation Fund, and Climate Investment Funds. This financing is used to develop capacity, remove policy and regulatory barriers, increase resilience and promote low emission climate-resilience development.
HATOF also supports policy-makers to review and develop policy frameworks to access more and effective climate finance to address environmental challenges.
Climate finance is crucial for low-carbon, climate-resilient development in vulnerable developing countries, which need support for mitigation, adaptation, technology transfer, and capacity building.
