The UNCDF designed the Local Climate Adaptive Living Facility (LoCAL) to help strengthen the resilience of vulnerable communities such as Saponé in the Centre-Sud Region, Loumbila in the Plateau-Central Region and Pabré in the Centre Region of Burkina Faso. 

The Government of São Tomé and Príncipe, in partnership with the United Nations Capital Development Fund, last week announced the launch of the Local Climate Adaptive Living Facility.

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The Local Climate Adaptive Living Facility, which will deploy over USD15 million in climate finance will support the delivery of adaptation projects at the grassroots level and deliver on national commitments to build resilience to the escalating impacts of climate change.

The European Bank for Reconstruction and Development, alongside the European Union and the Green Climate Fund, has announced a financing initiative for Jordan's microfinance institution, Tamweelcom, under the Green Economy Financing Program.

With a grant from USAID, Blue Marble will scale an innovative financial product in Kenya to strengthen the climate adaptation of coffee farmers connected to global supply chains.

Symbiotics Investments, the leading market access platform for impact investing, has arranged a $5 million green bond for ecoligo Vietnam, a subsidiary of ecoligo GmbH based in Germany.

The investment aims to allocate the loan proceeds towards climate change mitigation and adaptation technologies, focusing on local MSMEs, including women-led enterprises.

The aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals. 

During the COP28 climate conference held in Dubai, Bangladesh has secured the Global Center on Adaptation Locally Led Adaptation championship Award in the category of Innovation in Developing Finance.