Digital Finance for Climate Resilience: A Framework for Action Launch Event

Authored by: Carmen Merab
October 26, 2021 - 1 min read

Millions of people around the world are already experiencing the negative effects of climate change. Unfortunately, many exposed populations lack access to solutions and resources that can build resilience to the negative impacts of climate change. We believe digital finance can be a critical enabler in improving the affordability, accessibility, and reach of climate resilience solutions among vulnerable populations globally. We urgently need to scale innovations in “digital finance for climate resilience” and see the emergence of an innovation ecosystem as a critical first step.

To understand the opportunity for digital finance and fintech to power greater climate resilience, BFA Global convened a Task Force of climate and financial service experts, including World Resources Institute, CGAP, PayPal, UNCDF’s Better Than Cash Alliance, and the team of the UN Race to Resilience campaign. Together, the Task Force developed a Digital Finance for Climate Resilience (DF4CR) Framework for Action, detailing the critical actions that must be taken to catalyze the emergence of an innovation ecosystem for DF4CR.

Join the DF4CR Task Force for a panel discussion to launch the Digital Finance for Climate Resilience Framework for Action.


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