Climate Finance Network

Climate Finance Network

Our Mission

Advancing climate finance solutions to stop the climate crisis

At the Climate Finance Network (CFN), our mission is to drive transformative change by unlocking and directing finance towards impactful climate action. We aim to foster resilience, sustainability, and equitable growth within communities most vulnerable to climate change across the Asia-Pacific region. By facilitating strategic investments, innovative solutions, and collaborative partnerships, we endeavour to make climate finance impactful and meet the urgent environmental challenges of our time while paving the way for a more sustainable and inclusive future.

Who We Are

The CFN is UNDP Bangkok Regional Hub’s primary programme on climate finance. The network brings a wide range of stakeholders including ministries of finance, regulators, accountability actors, the private sector, civil society and regional and international development partners to forge partnerships for mobilizing and managing climate finance effectively.

How We Work

A Framework for Impact

The Climate Finance Network (CFN) is predicated on a comprehensive approach, blending knowledge management, capacity building, and technical support through collaborative partnerships. Our impact is channeled through six core workstreams:

Climate change aligned budgeting and planning: Streamlining budget and planning processes to reflect climate priorities.
Access to international climate change finance: Facilitating entry to global and regional financial resources from public, private, and philanthropy for climate initiatives.
Tax and innovative climate change finance: Identifying novel financial mechanisms and tax strategies to boost climate funding.
Gender and social inclusion and climate change finance: Ensuring finance strategies are inclusive and empower all community members.
Transparency and accountability of climate change finance: Promoting open and responsible financial practices.
Modelling climate impacts on economic growth, key sectors and equity: Analyzing and forecasting the economic effects of climate change for better financial planning.

Photo: UNDP

Where We Work

Expanding Our Reach for Greater Impact

The CFN is committed to its mission of mobilizing and manage increased climate finance across the Asia-Pacific region, targeting a broad spectrum of countries each facing unique challenges and opportunities in the fight against climate change. Our work supports the global goal to achieve the SDGs by 2030 and helps countries set and meet their own climate goals in:

Bangladesh - Cambodia - Fiji - India - Indonesia - Kiribati - Malaysia - Maldives - Nepal - Philippines - Solomon Islands - Sri Lanka - Thailand - Tonga - Tuvalu - Vanuatu - Viet Nam

News Stories

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Press Release

Financing the Future: Bangladesh Bank and UNDP Tackle Climate Risks

Bangladesh Bank and UNDP partnered to boost climate-resilient financing, focusing on risk modeling, innovative tools, and ESG standards. Supported by CFN, FCDO, and Sida, the initiative strengthens Bangladesh’s financial systems for sustainability and resilience.

The event opened with a keynote by H.E. Sharmeen S. Murshid, Honorable Advisor, Ministry of Women and Children's Affairs, Bangladesh

News

Advancing Gender-Responsive Climate Finance in Asia-Pacific: Insights from the Beijing+30 Review

At the Beijing+30 Review, UNDP’s Climate Finance Network spotlighted strategies for gender-responsive climate finance in Asia-Pacific. Leaders shared frameworks, case studies, and innovations to address gendered climate impacts, fostering equity and regional collaboration.

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News

ASEAN Parliaments Seek to Strengthen Oversight on Sustainable and Climate Finance

As countries recover from COVID-19 pandemic shock, there are growing calls across societies to build forward better, greener and more inclusive, to accelerate the transition to net zero-carbon economies.

UNDP strengthens collaboration to promote sustainable finance in the Philippines

The Department of Environment and Natural Resources (DENR) hosted a roundtable discussion on thematic bonds supported by the United Kingdom's Foreign, Commonwealth and Development Office.

A Low-Carbon Development Nexus Launched in the Parliament: Climate Finance Handbook, Circular Economy Modul and Study on Islamic Blended Finance

UNDP Indonesia, with the Green Economy Caucus of DPR RI and the Anwar Muhammad Foundation, held a dissemination event for the Climate Finance Handbook for Parliament.

Regional Workshop: Strengthening Regional Partnerships for Climate Transition

The workshop served as a crucial platform for policymakers, financial institutions, experts, and the private sector to converge, sharing insights, experiences, and strategies to accelerate the climate transition.

First Asia-Pacific Blue Economy Forum Convenes in the Maldives

The Asia-Pacific Blue Economy Forum brings together government ministries, private sector representatives, civil society organizations, and practitioners from 15 countries to discuss key themes on the blue economy.

Press Release

Sweden announces USD$3.65 million climate finance support to five Asia-Pacific countries in partnership with UNDP, UNCDF

The Swedish International Development Cooperation Agency (Sida) announced a USD$3.65 million programme to support five Asia-Pacific countries in their efforts to overcome the impacts of climate change, in collaboration with UNDP and the United Nations Capital Development Fund, UNCDF.

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Publications

Guidelines

Climate Finance Handbook to the Thai Parliament

This handbook supports Parliament members and officials in integrating climate finance into roles like lawmaking, oversight, and budgeting. It enhances capacity to review budgets addressing climate change, focusing on mitigation, adaptation, and inclusion for sustainable development in Thailand.

Guidelines

Technical Brief on Decision-Making framework For Carbon Pricing in Asia

This paper examines how decisions are made in setting prices for carbon emissions. It discusses different methods used to tackle these choices, focusing on the balance of economic benefits against social and environmental impacts.

Guidelines

UNDP Global Climate Public Finance Review

The global climate public finance review provides a stock-take and analysis of the reforms introduced globally to integrate climate change into public financial management (PFM) systems. The review makes use of an adapted version of the ‘green PFM’ framework for structure and analysis.

Guidebook

Guidebook on how to Access Climate Finance for Member States od the Association of Southeast Asian Nations

The technical guidebook provides an overview of climate finance in the region and sources of climate finance flows, as well as the project development process to access sources of climate finance. It also highlights the development of an overall framework to mobilize and access climate finance.

Guidelines

Budgeting for a Greener Planet

The aims of the assessment are to understand progress to date in establishing accountability systems for climate change finance, draw lessons, and guide actors — both global and domestic — on entry points to strengthen systems.

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Policy Briefs

Enhancing Transparency and Accountability of Domestic Climate Public Finance

PDF (838kb)

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Enhancing Transparency and Accountability of International Public Climate Finance

PDF (1,029kb)

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Key Partners

Our key partners are committed to advancing climate finance and sustainable development.

Contact

For further information, contact Asad Maken.