Charting A Resilient Future for Pacific Island Countries
What is the innovation?
Focused on the four key functions of the Pacific Climate Change Centre (PCCC) and delivered through a capacity-building approach, the initiative aims to offer small grants and innovative funding that are demand-driven, predictable, and flexible. This approach seeks to catalyze financing for climate action in the Pacific Islands by leveraging the PCCC’s functions. Targeted support will be provided in response to country-specific requests, aligned with the PCCC’s thematic priorities and criteria, which will be developed to guide these efforts.
The program also seeks to catalyze climate action through cost-sharing models, co-delivery mechanisms, and blended financing, enabling the implementation of PCCC partnership frameworks. Additionally, it provides a flexible, accessible platform for investment, allowing development partners and funding bodies to efficiently support climate change actions in the Pacific region.
How does this innovation resolve Pacific-related challenges?
This innovation addresses Pacific-related challenges by providing tailored, demand-driven funding and resources that align with the region’s unique climate priorities. It fosters local capacity building through cost-sharing and blended financing models, enabling sustainable and inclusive climate action. By offering a flexible and accessible investment platform, it accelerates support for critical initiatives, overcoming barriers like limited funding predictability, high vulnerability to climate impacts, and the need for scalable, region-specific solutions.
