The Higher Ground Foundation - Call for projects - Fundamentals of VRCs™ - Examples - Research - The Team - Events
| HGF Webinar |
Our Webinar: Climate adaptation - urgencies and opportunities for business took place on Monday 22 October 2012. |
Supporting climate adaptation in vulnerable communities
How will the poorest adapt to climate change? Climate change will impact infrastructure, agricultural production, water resources, human health, and ecosystems with potentially devastating consequences to all these systems. Developing countries, while only responsible for a small fraction of historical greenhouse gas emissions, will be hurt the worst.
The United Nations estimates of the costs to adapt to climate change range from $40 to $170 billion per year, but new research indicates costs could be two or three times greater than these figures.
| Call for projects! |
| The Higher Ground Foundation is now circulating a Request for Project Concept Notes. |
The Higher Ground Foundation is introducing a market-based mechanism to finance climate change adaptation projects in developing countries through "vulnerability reduction credits" (VRCs™). Adaptation projects would generate VRCs™ a tool to finance, verify and control effective adaptation measures, in fact creating a currency for a public good with possible demand from multiple sources. Thus the call for supporting climate adaptation in developing countries can be met in a flexible, efficient, and bottom-up project-level approach.
More information
Feel free to download the paper linked below which further outlines the basic concept. Let us know if you would like more information on our work: Discussion paper climate adaptation finance. (pdf)
Want to know more? Download a brief on opportunities for foundations, corporations and developers with Higher Ground here. (pdf)
Project designers interested in submitting proposals and other interested parties should take a look at our Request for Proposals page.
At the major international conference on global sustainability challenges, Planet Under Pressure, London, March 2012, Higher Ground presented a well received poster which can be found here.
An article prepared by Reuters AlertNet that features Higher Ground: Funding gap stokes interest in market for climate adaptation