Each year on the 14th of November, in the Brazilian city of Cáceres the 'Day of the Paraguay River' (Dia do Rio Paraguai) is celebrated. This tradition started in the year 2000, when civil society mobilized for the first time and successfully campaigned against the construction of the Hidrovía Paraguay-Paraná. Since then, the date symbolizes the close relationship of the people with the river, its culture and the environment.
Both ENDS and Oxfam Novib welcome the new SDG Loan Fund launched by FMO. The fund aims to invest more than a billion euros in loans to small and medium-sized enterprises in low- and middle-income countries, in the energy, inclusive financial services and sustainable agriculture sectors. At the same time, both organisations are concerned about the impact of money from the fund on normal people in future recipient countries.
The Green Climate Fund aims to support transformational pathways to climate-resilient development, intends to reach those most vulnerable, and commits to a gender-sensitive approach. This session presents an important way of putting these commitments into practice: by engaging small grants funds. These funds can provide the much needed channel between large international institutions and local communities adapting to climate change, and assure financing reaches women and men to contribute to transformative climate action. But how to make this shift in how financing is delivered? The audience will be actively engaged in the discussion to come to concrete suggestions to strengthen local access and gender responsiveness of climate finance.
Today, the Right Livelihood Awards 2018 will be presented in Stockholm. One of the four people who will receive the prize this year is Yacouba Sawadogo, 'the man who stopped the desert'. Yacouba, a farmer from Yatenga, Burkina Faso, is one of the founders of so-called 'Farmer Managed Natural Regeneration' with which degenerated and dry areas are becoming green and fertile again. According to Both ENDS, Yacouba's award is very well-deserved!
Local organisations and groups must be given access to climate finance from the Green Climate Fund. They know exactly what is happening in their local context and what is required for climate adaptation.