Rising temperatures are driving natural disasters, extreme weather, and food and water insecurity, which can trigger economic disruption, migration, and conflict. In parallel, corruption in various manifestations is fueling the climate crisis by enabling the misuse of key natural resources and diminishing the effective mobilization and deployment of financing to achieve climate goals.
If only a fraction of the trillions of US dollars in necessary climate investments were to be lost to fraud and corruption, that would amount to billions siphoned away from vulnerable communities in need of urgent assistance. This puts in sharp focus why addressing integrity risks - with a focus on prevention and loss recovery - is critically relevant to effective climate action.
Addressing integrity in climate finance, this symposium aims to generate new ideas, research, and knowledge on the role of integrity in effective climate solutions. It seeks to study and reflect on why and how to manage integrity risks throughout climate funding and investment cycles across the private and public sectors. Further, the symposium aims to strengthen dialogue and collaboration between knowledge-producing actors and decision-makers to support a creative, efficient, and coordinated evolution of integrity and anti-corruption policies in climate finance and action.
