Tuesday, December 8, 2020, 10:00 AM–11:30 AM EST
Payments for Environmental Services (PES) are increasingly used to incentivize individual and community engagement in climate mitigation. The schemes are akin to conditional cash transfers (CCT), with the conditionality of providing well-defined environmental services. While both the academic literature and operational design of PES and CCTs have largely been separate, understanding if they can be combined to tackle climate change (SDG13) and food security (SDG2) simultaneously could present a natural and potentially transformative avenue for collaboration across the social protection and environment sectors.
The Development Impact Evaluation (DIME) has tackled the question in a research program imbedded in the Burkina Faso CIF Forest Investment Program (FIP), over the past four years, in partnership with the Climate Investment Fund (CIF), the African Development Bank (AfDB), the World Bank Group (WBG), the Tilburg Sustainability Center, and the Government of Burkina Faso. This seminar will summarize the findings so far and prompt discussions from the audience on the implications of the study results for synergies between social protection and climate mitigation operations in developing countries.
Background material:
This research program was funded by the Climate Investment Fund (CIF), the i2i trust fund, and the World Bank CMU in Burkina Faso.
Climate Investment Funds
Mafalda has led the Climate Investment Funds since 2014. During her tenure, she has overseen hundreds of clean energy and climate resilience investments in 72 countries worldwide. The largest solar park in the world and South America’s first geothermal power plant are among the numerous projects realized under her leadership.
Mafalda has led the Climate Investment Funds since 2014. During her tenure, she has overseen hundreds of clean energy and climate resilience investments in 72 countries worldwide. The largest solar park in the world and South America’s first geothermal power plant are among the numerous projects realized under her leadership. Mafalda is now expanding the remit of the organization into new areas, which includes accelerating out of the coal and industry decarbonization phase. Committed to putting fairness and equality at the heart of climate finance, she has launched the Climate Investment Funds’ Just Transition Initiative to help achieve that aim. Mafalda previously held senior roles at the African Development Bank and the World Bank. A much sought-after speaker on climate finance, she has been quoted in Reuters, BBC World Service, The Economist, and the Financial Times, among many others.