The Paris Agreement enshrines the principles of accountability, country ownership and public participation in climate finance. Institutions that host climate funds, such as multilateral investment banks (MDBs, such as the World Bank) also have robust stakeholder and beneficiary participation mechanisms, including policies on access to information, grievance and redress and social and environmental standards. Climate funds have recognized the right and the value of stakeholder engagement and, in many cases, have instituted participation mechanisms at the governance level, through representation of observers as stakeholders.
Stakeholders
Learn more about some of these representation mechanisms
Meet the Stakeholder Observers
The SAN is committed to stakeholder representation, and full participation of non-state constituencies, including the private sector, Indigenous Peoples and civil society. As such, it seeks to identify gaps and shortfalls in these representation mechanisms, and acts to address these, empowering stakeholder observers to perform their representation roles with legitimacy and effectiveness.
Challenges to effective stakeholder and beneficiary participation include lorem ipsum…Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Learn more about the challenges of effective stakeholder engagement in climate finance as identified in the SAN’s foundational study.