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

Excerpt and Photo from solomonstarnews.com

Solomon Islands has cleared the way for a third round of performance-based climate adaptation grants worth USD $1.7 million, after the Joint Oversight Committee of the Provincial Governance Strengthening Programme formally approved allocations under the Provincial Capacity Development Fund and UNCDF's Local Climate Adaptive Living (LoCAL) Facility. The grants are part of a USD $15 million envelope co-financed by New Zealand (SBD 73 million / USD 9 million) and the European Union (SBD 53.5 million / USD 6.59 million).

The funds will support practical, community-level adaptation actions on rising sea levels, flooding, coastal erosion and changing rainfall patterns, key risks facing the country's vulnerable coastal and rural populations. For Small Island Developing States, the challenge is twofold: securing climate finance, and ensuring it can move through national and subnational systems to reach the communities where adaptation needs are most immediate.