Tunisia’s climate finance initiatives, not well-targeted (Hivos study)
Article supplied by Hivos
(TAP) - Tunisia's climate finance initiatives are not well-targeted and well-coordinated as there is a lack of clarity regarding the roles and responsibilities of different stakeholders, reads a study published Wednesday by international development organisation Hivos.
“At present, no available platform can provide clear and accessible information about the climate finance allocated funds,” Hivos said.
Tunisia has made significant progress in recent years in terms of climate finance. The country has established several climate finance initiatives, including the Tunisian Climate Change Fund, the Tunisian Green Fund, and the Tunisian Climate Change Investment Fund. These initiatives have enabled the country to increase its investments in renewable energy, energy efficiency, and other climate-related projects. However, the study also identified a number of areas where Tunisia could improve its climate finance efforts.
To this end, Hivos called on Tunisia to strengthen its capacity to access and manage funding. This includes developing a clear strategy for accessing climate finance and improving the country’s capacity to manage and implement climate finance projects. Additionally, Tunisia needs to focus on building partnerships with international donors and organisations to increase access to climate finance.
By implementing the study’s recommendations, Tunisia can ensure that its climate finance initiatives are well coordinated, well targeted, and effectively monitored and evaluated.
“This will help the country to make the most of its climate finance investments and to ensure that its efforts to reduce emissions and mitigate the effects of climate change are successful”, Hivos pointed out.
Hivos further indicated that this study aims to assess the current state of climate finance in Tunisia and identify potential areas for improving access to climate finance for local climate solutions that benefit the most marginalised communities who are on the frontline of fighting climate change.
It falls under the Voices for Just Climate Action (VCA), a lobby and advocacy programme implemented by an alliance led by four strong Southern CSOs: Akina Mama wa Afrika (AMwA), Fundación Avina, Slum Dwellers International (SDI) and SouthSouthNorth (SSN).
Launched in January 2021, the VCA programme is part of the «Power of Voices» programme which aims to ensure that by 2025, local civil society and underrepresented groups will have taken on central roles as creators, facilitators, and advocates of innovative and inclusive climate solutions.
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