Ongoing climate hazards and impacts are setting-back gains made in sustainable development, poverty eradication, and are increasing global debt. Overwhelmingly, countries and communities in the global south experience the brunt force of climate change, despite having contributed the least to it. This is a structural injustice that is impacting the ability of countries highly susceptible to climate change to pursue a debt-free, sustainable development pathway toward net-zero emission societies.
Eurodad’s climate finance work focuses on ensuring that it supports the needs of vulnerable countries and frontline communities and is grounded in impact and effectiveness. Fairness and equity are also at the heart of this work and Eurodad strives to ensure that climate finance is gender-responsive and integrates social and environmental safeguards.
Current key workstreams for Eurodad’s climate finance work are: