Transforming Access to Climate Finance in Somalia

Award outcome

Description

The contract will provide technical assistance to ensure Somalia is progressively better positioned to mobilise, manage and coordinate increased flows of climate finance. It will focus on advising the Federal Government of Somalia on how best to operationalise an appropriate and well-structured National Climate Fund, with clear and inclusive governance arrangements, effective coordination mechanisms and transparent fiduciary systems. The focus will be on establishing practical institutional arrangements that can function reliably and build confidence among national counterparts and development partners. The programme will advise on approaches to expand access to climate finance from multilateral funds, strengthen engagement with Somali private sector actors and wider civil society, and enhance national capacity across all relevant national stakeholders to prepare and advance a coherent and inclusive pipeline of climate relevant initiatives.

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