The Role of Sustainable Land Management for Climate ... - CAADP

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billion for the CTF and $2.0 billion for the SCF (Op cit.; “CIF Financial Status as of January 26,
2009”). Of the two CIF funds, the SCF is the most relevant to supporting SLM activities. Under
the SCF, three programs are envisioned so far – a Pilot Program for Climate Resilience (PPCR),
a Forest Investment Program (FIP), and a program for Scaling up Renewable Energy (SRE).
The PPCR is intended to be complementary to other adaptation funds, focusing on providing
programmatic finance for developing and implementing country-led national climate resilient
development plans, and providing lessons that can be taken up by countries, the development
community and the future climate change regime. The FIP is intended to mobilize significantly
increased funds to reduce deforestation and forest degradation and to promote sustainable forest
management. Of the $2 billion pledged to the SCF, $240 million was specifically targeted to the
PPCR, $58 million to the FIP, and $70 million to the SRE (most of the pledged funds were not
allocated to any specific program).
In addition to funds specifically targeted to promoting climate change adaptation (and
mitigation), increasing attention is being paid to addressing climate issues in regular flows of
official development assistance (ODA). The integration of climate change adaptation and
mitigation concerns into broader economic development programs offers an important
opportunity to scale up investments that will have beneficial impacts on adapting to and
mitigating climate change, including investments in sustainable land management. We discuss
this opportunity further in a subsequent section.
Although these adaptation funds are available and growing in size, they represent only a
small fraction of the funds that will be needed to finance adaptation activities in developing
countries. According to a UNFCCC study of the costs required for climate change mitigation
and adaptation, $28 billion to $67 billion per year will be required to finance adaptation activities
in developing countries by 2030 (UNFCCC 2007). About $14 billion per year is estimated to be
needed for adaptation in the agriculture, forestry and fisheries sector, with about half of this in
developing countries. Most of these expenditures ($11 billion) will be needed to finance capital
assets; for example for irrigation, adoption of new practices or to relocate processing facilities,
and much of this (especially in developed countries) is expected to be financed by private
sources. $3 billion is estimated to be needed annually for agricultural and natural resource
management research, development and extension, primarily in developing countries, with
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