Bilateral Finance
One example of bilateral financing is from AusAID which supports the upscaling and replication of community based adaptation measures for the Pacific Adaptation to Climate Change (PACC) pilot sites. The planned activities for the AusAID contribution are in full alignment with the overall PACC objective. Among the activities supported by bilateral financing is the implementation of on-the-ground measures that will contribute to overall institutional strengthening linking local capacity building with capacity strengthening of provincial and national institutions. Also, adaptive capacity for men and women beneficiaries will be strengthened in over 20 additional communities in at least 7 of the participating island states.
More information to come...