Unlocking climate finance for developing countries
Where is CFAN Working Now?
Click through to learn what CFAN advisors are working on in the Pacific Islands
By cultivating a community of highly skilled and embedded climate finance advisors, CFAN aims to unlock access to climate finance at scale in developing countries. CFAN advisors are hired locally and work in countries for up to two years on a tailored mandate co-developed by host countries and CFAN, focusing on project finance and design.
What Is CFAN?
The Climate Finance Access Network (CFAN) supports developing countries in securing and structuring finance for climate investments. By cultivating a network of highly trained, embedded climate finance advisors, CFAN builds the capacity of developing countries to more quickly access climate finance and achieve their climate objectives. Ultimately, CFAN ensures that more countries have access to advisors who are better prepared and better connected to both donor institutions and other advisors around the world.Request an Advisor
Although the volume of climate finance flowing from developed to developing countries has increased, the system for accessing that finance has become highly complex. Most small or low-income countries lack sufficient capacity to navigate the system, resulting in a climate finance bottleneck that is mutually frustrating for those providing finance as well as those trying to access it.Request an Advisor
“Access issues are systemic and persistent. We need to make a dent in this totally unfair system.”
- H.E. Mr. Selwin Hart, Special Advisor to the Secretary-General on Climate Action and Assistant Secretary-General for the Climate Action Team
Where does CFAN operate?
CFAN is country-driven and available to all developing countries with a focus on Least Developed Countries, Small Island Developing States, and African countries. Climate finance advisors are deployed in the country-identified ministry or office responsible for accessing and coordinating climate finance. CFAN’s first Pacific advisor cohort is live now in Fiji, Kiribati, Papua New Guinea, Samoa, the Solomon Islands, Tonga, Tuvalu, and Vanuatu.See Where CFAN is Now
How does CFAN work?
CFAN brings together several international organizations experienced in building in-country climate finance capacity, which have provided ongoing input to the CFAN design and will participate in its implementation. Member initiatives with a track record in deploying embedded climate advisors enroll a subset of their advisors—those with a targeted mandate to access and structure finance—in CFAN. Advisors attend a multi-week, cohort-based training, which includes technical training as well as relationship-building with public and private finance providers. Following the training, advisors work in-country for at least one year. CFAN provides ongoing technical support to advisors while also building long-term capacity on the ground through in-country trainings for civil servants.Request an Advisor
“The way in which power is organized in the decision-making of global finance institutions and funds is asymmetric — the issue is not the money. It is almost by design that we cannot access the money.”
- H.E. Dr. Satyendra Prasad, Fijian Ambassador to the United Nations
Resources and Publications
Article: Informing the New Collective Quantified Goal Process
This article introduces an upcoming series that seeks to inform the process of determine the new climate finance goal. Funded by the German government and undertaken with a group of top NGOs, the series ultimately seeks to get at: Are we asking the right questions?
Blog: Climate Action through Local Ownership
Learn about RMI’s work tackling global climate challenges by localizing climate finance and clean energy skills with CFAN and the Energy Transition Academy.
CFAN Launches Inaugural Training
CFAN welcomed its first cohort of advisors in the Pacific and kicked off the launch of its state-of-the-art training program.
CFAN in Canary Media
Canary Media writes about the ‘cruelty’ of the climate finance system and how CFAN has been designed to address it.
CFAN featured in WaPo
CFAN is featured in the Washington Post’s article on “getting enough money in the right places.” Project Director Ben Bartle is quoted: “We’re trying to change the model of how climate funding is accessed.”
CFAN at the top of COP26 agenda
CFAN is one of the projects highlighted by the COP26 Climate Champions for its support of SIDS and LDCs.
Press Release: Country Selection
Read our announcement of the first 8 Pacific countries receiving dedicated climate finance advisors
Blog: A Path Forward for the Global South
The blog puts CFAN in the broader context of the climate finance and diplomacy ecosystem.
Blog: The Crisis of Climate Finance
Read our blog on how the issue of climate finance access is one of survival – and how the system is ‘crap’
Blog: Between Promise and Delivery
Read our blog on the problem of access and how the world can mobilize to action
CFAN Overview Video
CFAN Lead Caroline Ott gives a one-minute summary of the CFAN initiative and how it will support countries in financing a climate resilient future.
CFAN Membership Brochure
Learn how your organization can become a member of CFAN and find out more about the three membership categories.
Country Demand Survey
Learn more about what countries have identified as their needs and challenges by exploring the results of our country demand survey.