As countries aim to accelerate the realization of climate targets for a sustainable future, risks of corruption threaten to undermine those results. Corruption has the potential to deviate funding allocated for this purpose and to deter climate offset and development programmes, depriving all, but particularly persons in vulnerable situations of a better life. Thus, developing robust oversight and anti-corruption frameworks are essential to safeguard the future of the next generations and to ensure that climate and development finance achieve desired outcomes for those most in need.
This session will build on the momentum achieved over the last year to catalyze a global conversation between climate, international development, and anti-corruption stakeholders to work collaboratively to prevent corruption from undermining climate and development outcomes and fueling environmental crimes. By doing so, the event seeks to address the potential impact of corruption risks on financing for development and climate action. In this way, it is expected to strengthen the role played by the fight against corruption in the full and complete implementation of the 2030 Agenda for Sustainable Development.
OBJECTIVES
- Provide insights into potential risk trends
- Provide insights into how emerging anticorruption tools can safeguard climate action and sustainable development finance outcomes while ensuring human rights are upheld.
- Bring together government representatives, international development organizations, civil society and other stakeholders to discuss anticorruption efforts that are being taken to advance climate action and need to be scaled up to help set into practice the Pact for the Future.
- Understand the unintended impacts that anticorruption measures may entail to access and costs of financing for developing countries.
- Highlight findings from a joint paper on climate action and corruption risks prepared by UNODC and the World Bank. Read report
For more information, visit the Summit page here.