Asia-Pacific steps up momentum on climate finance for resilience
August 26, 2025
Over 150 stakeholders from 20 countries convened in Bangkok for the Inclusive Climate Finance Dialogue, advancing efforts to mobilize climate finance across Asia-Pacific. The event spotlighted innovative national strategies — from Indonesia’s green sukuk to Bangladesh’s gender-responsive budgeting—and emphasized locally-led adaptation, blended finance, and public-private partnerships to close funding gaps and build resilience amid declining development aid.
The OECD projects a 9 to 17% drop in Official Development Assistance (ODA) in 2025; on top of a 9% drop in 2024 and the outlook beyond 2025 remains highly uncertain. UNCDF works in partnership with international organizations and UN entities to deliver blended finance solutions – including concessional loans, grants and guarantees – in any sector, to de-risk markets and drive sustainable economic growth.
Funding for the Climate Finance Network is delivered through Climate Action for a Resilient Asia (CARA), the UK’s flagship regional programme to build climate resilience in South Asia, Southeast Asia, and the Pacific islands. This programme will build the resilience of economies and vulnerable communities to climate change, conserve the natural environment, and promote low carbon growth.
