SIDE EVENT
Friday 3 June
09:00-10:15 CEST
Stockholmsmässan, Room 2
Organizers: International Institute for Environment and Development, Swedish International Development Cooperation Agency
About:
Locally-led action is critical for addressing the triple crisis of nature, climate and poverty over the Decade of Action, yet research shows that finance and decision-making is not reaching the local level in sufficient volumes or in ways that enable Indigenous Peoples and Local Communities (IPLCs) to influence decision-making, have agency over nature, climate and development actions, and control over finances and resources.
Ensuring stronger political will and commitments to support locally led action through the Decade of Action should be a key legacy of Stockholm+50, as leaders across the world regroup to reflect on the 50-year sustainable development journey and turn their minds to what more is needed.
This official side event at Stockholm+50, co-hosted by IIED and Sida, will highlight how leaders at Stockholm+50 can drive forward the transformation needed at all levels to enhance support for just, equitable and locally led action through the Decade of Action. The event will be boardroom style and interactive and will bring together speakers and researchers from IPLC groups, governments, global funds, multilateral development banks and international intermediaries and the finance sector will share their lived experience, present research and identify the solutions for the uptake of critical solutions. The event will be guided by IIED’s new report for Stockholm+50, commissioned by SIDA, ‘Money where it matters for people, nature and climate: driving change through support for local level decision-making over resources and finance’ (available here: https://pubs.iied.org/20966iied).
Moderator(s): Gebru Jember (Global Green Growth Institute)
Panelists:
- Minnie Degawan (International Indigenous Forum on Biodiversity)
- Melina Sakiyama (Global Youth Forum on Biodiversity)
- Elizabeth Nsimadala (East African Farmers Federation)
- Joan Carling (Indigenous Peoples Rights International)
- Cecilia Silva (LDC Group lead negotiator on adaptation)
- Carin Jämtin (Sida)
- Ulrika Åkesson (Sida)
- Stig Traavik (Norwegian Agency for Development Cooperation)
- Paul Hartman (Climate Investment Funds)
- Andrew Norton (IIED)
- Ebony Holland (IIED)
- Paulin Buffle (IUCN)
- Alain Frechette (Rights and Resources Initiative)
- Nicole Leotaud (Caribbean Natural Resources Institute)
- Laura Abado (Save the Children)
Contact person: Ebony Holland (ebony.holland_at_iied.org)
Event outcomes (Key transformative actions):
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The Stockholm+50 meeting report should: Recognise the critical role of locally-led action in achieving sustainable development outcomes for people, nature and climate; recognise that Indigenous Peoples and Local Communities (IPLCs) must be part of local, national and global decision-making processes; acknowledge the need to get agency over finance and decision making to the local level behind local priorities, and recommend leaders endorse and implement the Principles for Locally Led Adaptation. The principles can be found here: https://www.iied.org/principles-for-locally-led-adaptation
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Governments, multilateral development banks, global funds, and intermediaries should: Increase the quantity, improve the quality, and strengthen the transparency of finance flows for locally-led action for people, nature and climate; simplify access to finance; prioritise equitable governance of finance; strengthen investments in national and local institutions, including building national delivery mechanisms to get finance to the local level; tackle the underlying drivers of vulnerability and recognise the value of coherent responses to the triple crises of climate, nature, and poverty and inequality in finance and all decisions. More detail about what actions can be taken to achieve these five recommendations by each actor can be found in the report here: https://pubs.iied.org/20966iied