Networking & Collaboration
Technologies are vital to building climate-resilient, low-carbon societies. Many essential technologies already exist — the challenge is to get them deployed where they are needed, and to build the enabling environments to support technology innovation, adaptation and scale-up. An overwhelming number of developing countries’ Nationally Determined Contributions (NDCs) under the Paris Agreement indicate a requirement for technology support and capacity building in order to achieve their commitments. To meet this need, the CTCN serves as a demand-driven and trusted partner, matching developing countriy needs for climate change-related equipment, methods, capacity development and policy advice with the world-class expertise of its Network and our collaborators.
The Higher Ground Foundation
To encourage investment in climate adaptation projects, The Higher Ground Foundation created the Vulnerability Reduction Credit, or VRCTM an economic measure of the effects of projects in reducing climate change vulnerability. VRCs can be used for M&E, prioritizing investments, and when priced may leverage finance. The Higher Ground Foundation advises policymakers, funders, and vulnerable communities on how to use VRCs to deploy adaptation technologies, design viable adaptation planning systems with VRCs, and co-develop pilot projects that validate VRCs as an investment instrument.
