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Green Finance & Economy
New round of performance-based grants strengthens provincial systems and unlocks pathways to climate finance

Excerpt from solomonstarnews.com
Solomon Islands has cleared the way for a third round of performance-based climate resilience grants worth USD $1.7 million, to be disbursed to eligible provincial governments in the coming months. The funds are part of a USD $15 million envelope co-financed by New Zealand and the European Union, implemented in partnership with the UN Capital Development Fund (UNCDF) under the Local Climate Adaptive Living (LoCAL) Facility.
The grants support practical, community-level adaptation actions addressing rising sea levels, flooding, coastal erosion and changing rainfall patterns, while incentivising governance, planning and financial management improvements at the provincial level.
