The Power of Partnering with Indigenous Peoples in Climate Finance
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Indigenous communities are stewards of biodiversity and cultural heritage. They possess invaluable knowledge and practices that contribute significantly to global sustainability. Direct funding enables these communities to pursue self-determined development and foster economic stability, cultural preservation and environmental stewardship. However, it has been estimated that less than 1% of climate finance reaches indigenous communities.
During London Climate Week in June 2024, Georgina Sell, Associate Director at Acre, had the pleasure of hosting a workshop in collaboration with Rainforest Foundation UK, New Animal and Nia Tero titled Shaping the Future: The Power of Partnering with Indigenous Peoples in Climate Finance.
We invited senior decision-makers and organisations who are particularly active and interested in the link between the following:
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Nature-based Solutions
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Human Rights
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Climate Finance
Indigenous peoples sustain at least 80% of Earth’s remaining intact ecosystems, an essential foundation of a livable planet. However, less than 1% of climate finance reaches Indigenous peoples and local communities.
We wanted this workshop to be as dynamic and impactful as possible, and for our Indigenous representatives to be actively involved in the curation of the event. This was an important opportunity for knowledge sharing between corporates and Indigenous representatives; a powerful event where corporates and Indigenous peoples from around the world came together for a robust discussion about what effective climate action looks like. We explored alternative funding mechanisms and nature-based solutions to see if there could be a way to expedite funding to the front lines quicker and in doing so, accelerate progress in the fight against climate change.
After the workshop, we compiled a write-up - Mobilising Direct Funding to Indigenous Peoples: Strategies for Global Sustainable Development - to capture the essence of the discussions we had on the day, and to provide a helpful resource for continuing these important conversations within our networks and initiatives. When reflecting on the workshop, we identified the following key topics:
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Why is direct funding to Indigenous peoples important?
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What are the opportunities?
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What are the challenges?
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What are the collective insights on best practices?
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We hope that this event write up will help to support more inclusive and impactful climate finance partnerships with Indigenous communities.
We would value your feedback on this write up. If you feel there is information or research that could be additive to this collective conversation, or if you’d like a conversation to see how your organisation could participate in open and transparent dialogue with Indigenous Communities, we’d love to hear from you. Please reach out to georgina.sell@acre.com if you are interested to do so. Thank you for your time, insights, and engagement on this important subject matter.
