By Tariye Gbadegesin
The Clean Technology Fund (CIF) has taken a major step forward in advancing climate adaptation finance, thanks to Germany’s anchor funding contribution to CIF’s next-generation Resilience Investment Program—ARISE. With this commitment, Germany joins Spain in pioneering a new era of adaptation finance, particularly in accelerating private sector investment in climate resilience.
The announcement was marked by a gathering of global leaders and partners, including Reem Alabali Radovan, Ilan Goldfajn, Ana Toni, and representatives from multilateral development banks. Their presence underscores the growing recognition that resilience finance is not just a development priority—it is an economic and social imperative.
The urgency could not be clearer. Catastrophic weather events continue to devastate countries like Jamaica, Haiti, the Dominican Republic, the Philippines, Vietnam, and Brazil, host of COP30. The ARISE program represents a critical platform for scaling resilience solutions, ensuring that vulnerable nations have the financial tools to prepare for and withstand climate shocks.
Germany’s leadership in this initiative highlights the pivotal role that committed public funding can play in mobilizing private capital for climate adaptation. As extreme weather events become increasingly frequent and severe, initiatives like ARISE ensure that resilience is not an afterthought, but a central pillar of sustainable development.
