ISS Seminar, Pretoria: Adapting to Climate Change: Are South African Institutions Climate Finance-ready?
Date: 2012-08-16
Venue: , ISS Pretoria office
, Block C, Brooklyn Court
, 361 Veale Street,
New Muckleneuk
RSVP:
Shahnaaz
Parker ([email protected]) by the 10th August
Hosted by The Institute for Security Studies’ Governance
& Corruption Division
From the expected flooding of the Cape Flats to droughts
in maize-producing areas, climate change is likely to impact in various and
vast ways across South Africa. Billions of dollars are expected to flow to
developing countries like South Africa to help people adapt to these impacts.
But are South African institutions equipped to deal with the large inflows of
money and to channel it to the areas most affected?
The architecture of climate finance is still
developing at a global level, with a plethora of funds and disbursal mechanisms
giving rise to a largely chaotic system. The Green Climate Fund (GCF) has been
the most promising new development as it reflects calls from the international
community over many years for a global climate fund that is representative and
democratically governed, effective and accountable, and designed to meet the
needs of those most marginalised and vulnerable to climate change. But what
happens when that money from the GCF and other sources arrives at domestic
doors? Are our national institutions equipped to track the origin of these funds,
making sure the finance goes to meeting the needs of those most vulnerable to
these devastating impacts and assuring that there is no duplication of efforts?
Importantly, are there mechanisms in place to ensure that money is not lost to
corruption and poor governance?
The ISS Governance & Corruption Division convenes
this seminar given an understanding that the amount of funding, the number of
institutions involved, and coherence in the global architecture will be
meaningless without democratic governance of the funds at the local level. On
the eve of the first GCF Board Meeting in Geneva from 23–25 August we meet to discuss these critical national issues.
We hope that by sharing some of the insights and perspectives of key
institutions and actors involved in developing national climate finance institutions
we will better be able to engage at an international level, as well as assist
with building solid democratic institutions that can live up to the immense
task at hand.
Panel:
-
Sharlin
Hemraj –
Treasury
- Rashmi
Mistry – Oxfam GB
Chair:
- Trusha Reddy – Institute for Security Studies
Please note that discussions will be under ISS rule, Participants
are free to use the information presented, but neither the identity nor the
affiliation of the speaker(s), nor that of any other participants, may be
revealed without his/her express permission
This event is made possible through funding from the Hanns Seidel Foundation