UNCDF works in Tuvalu to develop financial mechanisms and build capacity to assist the government to adapt to climate change.
Today, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.
Through local Development Finance, UNCDF is implementing its Local Climate Adaptive Living (LoCAL) programme, helping the Government channel global climate adaptation financing to the local level. This programme enables local governments to cope with the increased cost of building resilience against climate change and natural disasters. The goal for LoCAL in Tuvalu to scale up in all nine islands over a four-year period, with a focus on those islands with heightened vulnerability to climate change and climate-related risks.