First Minister calls for urgent mobilisation of climate finance

First Minister Humza Yousaf has called on governments to accelerate financial support for countries most affected by climate-induced loss and damage, in a keynote speech during Climate Week NYC.

In the speech, the First Minister set out the details of how Scotland’s loss and damage finance – pledged at COP26 and COP27 – is being mobilised.

A total of £5 million has been awarded to the Climate Justice Resilience Fund who support vulnerable communities in the Global South who have experienced loss caused by climate change, with a specific focus on women and young people.

In addition, the Scottish Catholic International Aid Fund (SCIAF) will receive a further £300,000 to support communities in Malawi impacted by Storm Freddy.

Scotland’s Humanitarian Emergency Fund will also receive an additional £1 million to support communities affected by disasters, disease or conflict, in recognition that climate change is increasingly driving humanitarian emergencies abroad.

The First Minister said: “Not a single community on Earth will be left untouched by the effects of climate change, but that suffering is not and will not be divided equally. We must ensure the communities facing the worst hardship, with the least resources, are not left behind.

“At COP26, Scotland became the first country in the global north to pledge financial support to address that Loss and Damage.

“At COP27 we again led the way, committing another £5 million for the neglected area of non-economic loss and damage. We have made good on those promises but the need for urgent responses to climate shocks is only increasing.

“That is why I am also announcing a further £1 million programme to address loss and damage to be delivered through Scotland’s Humanitarian Emergency Fund.

“Scotland might be a small country but I hope these actions will inspire others to join us in not only making pledges, but in urgently mobilising the finances that are needed on the ground today.”

First Minister arrives in New York ahead of Climate Week NYC

A call for bold, sustained action from international partners to deliver on climate pledges and support Global South nations hit hardest by climate change will be First Minister Humza Yousaf’s focus as he arrives in New York today (Sunday 17 September) for Climate Week NYC.

The First Minister will meet with Under2 Coalition Co-Chairs for the first time on Sunday, ahead of giving a keynote speech at the Climate Week NYC Hub on Monday.

He will use the speech to call on other governments and cross-sector organisations to not only pledge, but mobilise loss and damage funding.

First Minister Humza Yousaf said: “For communities across the world, new climate shocks often arrive before there is time to recover from the last – and the recent UN stocktake of global climate action emphasises that loss and damage risks are still growing.

“It’s clear that Scotland can play a significant role in calling for greater international action as an outward-looking nation which has already shown global leadership. We have already put people at the heart of our international climate action, and will be calling on others to join us.

“Scotland has demonstrated that we are prepared to walk the walk where many others, to this point, have merely talked the talk. Collective action is needed to tackle the climate emergency and address the devastating effects of climate change, in particular loss and damage.

“Eleven years ago, we launched the world’s first dedicated Climate Justice Fund, which remains the only government-led climate justice fund in the world – something we’d like to help change.”