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The GAIA Technical Assistance Facility (GAIA TAF) is a blended finance initiative aimed at overcoming the 'weak investment pipelines' in SIDS and LDCs. By providing sub-grants for technical assistance, the facility helps public institutions improve their environmental, social, and governance (ESG) standards and commercial bankability. The program targets up to 6 institutions and aims to unlock up to USD 27 million in follow-on investments from the GAIA Climate Loan Fund across sectors including water, agriculture, ecosystems, built environment, energy, and transportation.

The briefing outlines strategies to mobilize domestic and international capital for Brazil's land-use sector, specifically focusing on the restoration of degraded pastures. It highlights the limitations of existing credit lines like ABC Recovery and proposes a combination of blended finance, risk-mitigation instruments (such as TCX and RCF), and technical assistance to achieve large-scale regenerative land use. The document details government targets, including the National Program for the Recovery of Degraded Pastures (PNCPD) and the Caminho Verde program, while emphasizing the need for stronger supply chains for native seedlings and better coordination between financial institutions and the real economy.

The report finds that blended finance is a systemic feature for 86% of gender-climate nexus funds in Sub-Saharan Africa, serving both an 'existential' role in enabling fund launches and an 'operational' role in supporting impact integration. However, access to concessional capital is highly uneven; debt funds and larger vehicles capture the bulk of resources, while early-stage SME funds and first-time managers are often excluded from meaningful support beyond design grants and technical assistance. The study highlights a 'market bias' where climate specialization is a more powerful lever for mobilizing catalytic capital than gender specialization. It recommends calibrating blended finance interventions to diverse fund profiles, expanding access for first-time managers, and developing standardized gender-climate integration roadmaps to move beyond simple compliance toward transformative impact.

ASEAN requires an estimated US$281 billion annually by 2035 for its energy transition, necessitating a strategic blend of bilateral financing from China, Japan, and the US. While China provides scale and speed through asset-led infrastructure, Japan focuses on system-level upgrades and concessionality, and the US employs blended finance to mobilise private capital. The report argues that ASEAN countries are transitioning from being mere deployment markets to becoming manufacturing hubs for EVs, solar PV, and critical minerals. It recommends that the 2026 ASEAN Summit be used to align these national industrial strategies into coordinated regional value chains to avoid duplication and attract diverse global capital.

The document defines a climate change adaptation investment plan (CCAIP) as a set of investment-ready priority activities linked to specific financial sources. It outlines a structured approach to bridging the adaptation financing gap by diversifying funding across domestic, international, public, and private sources using instruments such as grants, bonds, and blended finance. The text emphasizes the necessity of political leadership, particularly from ministries of finance, and the integration of gender-responsive and socially inclusive (GESI) considerations to ensure equitable outcomes. It further distinguishes CCAIPs from broader NAP financing strategies, noting that while the latter identifies overall needs and gaps, the CCAIP focuses on narrow, time-bound, and actionable investment packages ready for immediate implementation.

The document outlines a three-goal approach for climate finance vehicles to manage climate risk and build resilience. Goal 1 focuses on a five-step process to identify and manage physical climate hazards to align with international standards like the ISSB and Paris Agreement. Goal 2 guides the creation of an evidence-backed adaptation thesis to secure investor commitments, particularly for those targeting Multilateral Development Bank (MDB) funding. Goal 3 provides a methodology for designing impact measurement frameworks, including theories of change and indicator tables, to track resilience outcomes and avoid maladaptation.

The African Climate Foundation and Dalberg developed the NDC Investment Planner (NIP) to address the gap between climate ambition and investment in Africa. While many African countries have submitted second and third-generation NDCs, only about 11% of the continent's annual climate-finance need is met. The NIP provides a three-stage process—Identify, Evaluate, and Select and Act—to move from broad policy frameworks to investable portfolios. It evaluates opportunities based on 'investment potential' and 'economic transformation potential' to help governments prioritise actions, refine analyses, and prepare projects for funding.

The report examines country platforms (CPs) as vehicles to integrate climate finance with national development goals in emerging economies. It argues that CPs must be country-led and grounded in macro-fiscal analysis to avoid debt vulnerabilities and ensure social inclusivity. Using the South African Just Energy Transition Partnership (JETP) as a primary example, the document outlines criteria for effectiveness—including whole-of-government approaches and credible project pipelines—and proposes a four-quadrant analytical framework to guide their design. It also highlights the role of philanthropy in funding early-stage technical work and the necessity of overcoming structural path dependencies to achieve genuine economic diversification.

The document identifies four primary constraints to South Africa's just transition: a significant finance gap, delivery frictions in project cycles, fragmented skills and employment pathways, and a lack of accountability and legitimacy. It argues that success depends on moving from high-level pledges to 'delivery-grade' finance and coordinated, place-based implementation, particularly in coal-affected regions like Mpumalanga.

The Uganda Development Bank (UDB) has developed a Currency Risk-Sharing Facility (CRSF) to mitigate the foreign exchange (FX) risks associated with borrowing in hard currencies (USD/EUR) and lending in Ugandan shillings (UGX) for climate projects. The CRSF employs a layered risk-sharing approach, combining a partial hedge (e.g., currency swaps) with a tail-risk FX guarantee to protect against severe UGX depreciation beyond a dynamic threshold. Financial modeling indicates that the CRSF offers a more affordable and stable funding cost (average 9.82%) compared to full hedging (10.96%) or unhedged exposure (average 8.39% but highly volatile). The instrument is designed to be replicable for other public development banks in emerging markets and developing economies facing similar currency mismatches.

The report analyzes the challenges and opportunities for financing nature-based solutions (NbS) in Indian cities, noting a heavy reliance on public funds and a lack of bankable project pipelines. It maps a wide array of financial and business mechanisms—ranging from green bonds and CSR funds to land value capture—and provides early recommendations to improve the enabling environment, project bankability, and the diversification of funding sources to enhance urban climate resilience.

The document addresses the financing gap for urban Nature-based Solutions (NbS) in India, where investment remains heavily dependent on public funds. It proposes a three-step guidance framework: identifying the enabling policy environment, leveraging financial and business mechanisms, and applying a nine-factor project evaluation framework. The guide maps existing Indian national and sub-national policies—including forestry, water, and infrastructure schemes—that can be leveraged for NbS. It also catalogues various financial instruments (such as municipal bonds, green bonds, and blended finance) and business models (including carbon credits and user-pay systems) to improve project bankability. A repository of nine global and domestic case studies, such as Chennai's municipal bonds for stormwater drainage and Chicago's Tax Increment Financing for green roofs, illustrates replicable approaches for Indian urban contexts.

The document describes how hedging instruments stabilize debt service and reduce refinancing risk for clean energy, transport, and infrastructure projects. It identifies key providers, including commercial banks and multilateral development banks (MDBs), and details the legal and technical requirements for implementation across shallow, emerging, and mature markets. It specifically notes that hedging premiums in emerging markets and developing economies (EMDEs) are high, typically ranging from 6% to 7% of the principal.

The analysis of 10 MW solar projects in Viet Nam, the Philippines, and Indonesia reveals that PPA pricing and capital expenditures are the primary determinants of profitability. While project returns vary by country, integrating batteries can significantly boost the Internal Rate of Return (IRR), particularly in Indonesia and Viet Nam. The report highlights that a 10 percentage point change in PPA prices or capital costs can shift IRRs by up to 45 percentage points. Beyond technical economics, the document identifies policy bottlenecks—such as curtailment in Viet Nam and permitting delays in Indonesia and the Philippines—as critical risks to investment, while noting recent regulatory efforts like the Philippines' EVOSS and Indonesia's Presidential Regulation 112 to improve bankability.

The report introduces the Just Transition Financing Framework (JTFF), a strategic model to manage the shift to a net-zero economy in fossil-fuel-reliant regions of India. Focusing on Jharkhand, the framework aims to prevent socioeconomic disruption by coordinating policy support, capacity building, project preparation, and capital mobilization. It outlines a governance structure involving a state-level Secretariat and a Project Management Unit (PMU) to channel diverse funding sources—including grants, concessional loans, and private equity—into targeted transition assistance for workers, communities, and industries.

The report examines the role of risk mitigation and transfer (RMT) instruments in supporting utility-scale wind and solar projects in East Africa. Through six case studies, it finds that while RMT tools—such as political risk insurance, guarantees, and blended finance—are essential for reaching financial close, risks remain high due to macroeconomic instability, currency volatility, and utility financial strain. The analysis highlights a 'start-stop cycle' in countries like Kenya, where rapid deployment led to overcapacity and subsequent government moratoriums on new contracts. Conversely, the GET FiT program in Uganda is presented as a successful model of systematic de-risking through transparent procurement and institutional support.

FSDAi invested in the International Housing Solutions (IHS) Kenya Affordable Green Housing Fund to finance EDGE-certified homes for low- and middle-income households, targeting 4,000 homes by 2030. To drive systemic change, FSDAi mandated an Open Source Policy and funded the Centre for Affordable Housing Finance in Africa (CAHF) to lead an Open Access Initiative (OAI). This initiative collects and disseminates market intelligence on construction costs and project delivery to attract institutional capital and guide policymakers. The OAI has also enabled the tracking of six Kenyan State Department for Housing and Urban Development projects and the creation of the Nairobi Metropolitan Area Dashboard.

The project seeks USD 39,982,375 in GCF grants to enhance the climate resilience of the Cook Islands' building stock, specifically targeting Category 3 tropical cyclone compliance. It employs a programmatic approach through an EDA Facility that provides tiered financing—ranging from 100% grants for the most vulnerable to partially reimbursable grants for businesses—to upgrade approximately 50% of non-compliant dwellings. The initiative includes capacity building for tradespeople and inspectors, the installation of community and household water tanks, and the upgrade of septic systems to protect coral reef ecosystems. Implementation is led by the Ministry of Finance and Economic Management (MFEM), Climate Change Cook Islands (CCCI), and the Bank of the Cook Islands (BCI).

The Glaciers to Farms (G2F) Program is a 10-year, multi-sectoral adaptation initiative designed to address the impacts of glacial retreat and water insecurity in Central and West Asia. Requesting USD 250 million from the Green Climate Fund (GCF) to leverage a total of USD 3.5 billion, the program integrates science-based risk planning, investment in climate-resilient infrastructure, capacity building for agricultural MSMEs, and a regional knowledge platform. It targets 13.6 million direct beneficiaries and 31.5 million indirect beneficiaries, focusing on the Naryn, Pyanj, Kura-Aras, and Swat river basins. Key interventions include multi-hazard early warning systems, nature-based solutions for watershed restoration, and the development of innovative finance mechanisms like sustainability-linked bonds.

The document argues that renewable ammonia is becoming cost-competitive with fossil ammonia and proposes a framework for Brazil to achieve sustainable fertilizer production through strategic vision, policy alignment, investment mobilization, infrastructure expansion, and demand activation.