Our Scans · (FS.6.05) Community Finance · Weekly Summary

• One Ocean Finance is an invaluable chance to align capital flows with nature-positive outcomes-ensuring investments reduce risks, support emissions reductions, boost resilience and create jobs - benefitting the most vulnerable coastal communities. United Nations Environment Programme
• One Ocean Finance will accelerate the sustainable transition of industries, drive climate-smart innovation, and empower the communities working to protect and restore ocean ecosystems. United Nations Environment Programme
• In Canada, community bonds allow social purpose organizations to raise capital from their community members to finance projects that benefit communities, such as affordable and green housing and regenerative food systems, among many others. The Conversation
• The Earth & Space Sustainability Initiative will facilitate the establishment of a global transparent ESG space sustainability standard that will be recognized by finance and insurance communities. Fuld & Co
• At the high-level gathering, GCA underscored the urgent need for global leaders to sustain momentum towards the doubling of climate adaptation finance and to channel it to at risk communities, emphasizing that sustained support is vital for locally led solutions. Global Center on Adaptation
• GFTN will drive greater synergies within the global finance and technology communities for innovations in financial services that create positive economic value and social impact. FinExtra
• MEXICO hoped for the NCQG to respond to needs of developing countries, including needs of women in all their diversity, Indigenous Peoples, and communities most affected by climate change, and stressed that finance should not depend on domestic resources of developing countries. IISD Earth Negotiations Bulletin
• Emphasis on adaptation for vulnerable communities: Given that climate finance often favours mitigation projects, India and its G77 allies call for stronger support in adaptation initiatives, particularly for communities at high risk from climate change impacts. Vajiram & Ravi
• At the high-level gathering, GCA underscored the urgent need for global leaders to sustain momentum towards the doubling of climate adaptation finance and to channel it to at risk communities, emphasising that sustained support is vital for locally led solutions. Daily News
• Ontario's energy procurements must continue to advance economic reconciliation with Indigenous communities by including opportunities for Indigenous leadership and participation in generation projects, supported by community capacity funding and access to financing. Ontario.ca
• Carbon credits enable companies to accelerate global action today and direct carbon finance to communities most at risk from climate change. EcoSystem Marketplace
• Region Five Development Commission, MN will provide inclusive clean energy financing to four pre-identified projects rural communities in central Minnesota, including a school solar project and a tribal electric vehicle project. Energy.gov
• Quantum technologies are expected to revolutionize the health, mobility, logistics, finance, climate science, environmental sustainability, energy and secure communications sectors. HPCwire
• Blended finance mechanisms and a task force dedicated to inclusive energy ownership, moving from private and public funds to community-led initiatives, will empower local communities and ensure justice beyond environmental sustainability within South Africa and SADC. South African Institute of International Affairs
• The World Bank has started the Oceans for Prosperity Project to enhance the sustainable management and financing of selected coral reefs and associated ecosystems, and access to economic opportunities for local communities in target areas. World Bank
• Atom bank will harness Funding Circle's powerful technology and distribution platform to deploy much-needed funds to support UK SMEs and deploy capital to the real economy; helping businesses manage their finances, grow and power their communities. FinExtra
• Affordable housing: House Bill 2761 expands the ability of Oregon Housing and Community Services to finance affordable housing projects. Oregon Capital Chronicle
• Development of new financing models: New financing models, such as crowdfunding and micro-financing, are expected to emerge in 2023, helping to make solar energy more accessible and affordable for communities and individuals. SolarQuarter
• Ukrainian Prime Minister Denys Shmyhal announced the creation of a government fund to channel public and private sector business or institutional investments from the global community for financing a recovery project that will cost at least US$ 600 billion. Macdonald-Laurier Institute
• The project to scale up Climate and Disaster Risk Financing Framework and Parametric Insurance in Fiji along with partner UN agencies showcases India's steadfast commitment to assisting the most vulnerable communities across the world, on the front line of climate change. Reinsurance News
• Organisations that lessen the burden on projects to learn everything about carbon finance while building a community for knowledge sharing could improve access to voluntary carbon markets in Europe. Unep-Wcmc
• Indigenous businesses and start-ups need better access to financing to cultivate ground-up economic opportunities for First Nations communities. Adam Smith Research Trust

Last updated: 24 June 2025