Climate Finance for Ocean Adaptation
On June 27th 2022, the first day of the United Nations Ocean Conference in Lisbon, Portugal, the OA Alliance and co-hosts convened a meeting titled, “Climate Financing for Ocean Adaptation and Resilience.”
The meeting brought together international and regional ocean acidification science and policy coordinating bodies, national government representatives, and major international climate finance regimes with charges to support countries in developing and implementing climate adaptation and resilience strategies that advance goals of the Paris Agreement and the UN Sustainable Development 2030 Agenda.
Outcomes helped grow understanding of the eligibility requirements of climate financing for ocean acidification adaptation and community resiliency strategies.
Meeting summary and key takeaways are now available, including reflections on:
1. Urgency for Connecting Science to Policy
2. Climate Financing Not Currently Meeting Ocean Needs
3. Opportunities to Leverage Climate Finance for Ocean Adaptation
Key takeaways will be translated into discrete recommendations for the UNFCCC Ocean and Climate Dialogue taking place June 2023.
