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Climate Finance Network

Unlocking finance towards climate action

Connecting people, knowledge, and resources across the region to drive collective climate action.

The Climate Finance Network (CFN) is UNDP Bangkok Regional Hub’s flagship initiative to mobilize and direct finance for climate action across Asia and the Pacific. We work and bring together Ministries of Finance, central banks, regulatory authorities, parliamentarians, auditors, investors, the private sector, CSOs and development partners to accelerate reforms and instruments that make public and private finance climate-aligned and investable. 

Our goal is to build systems, tools and pipelines that channel finance to NDCs and NAPs and to locally-led adaptation. The CFN initiative is supported by the Governments of the United Kingdom (FCDO) and Sweden (Sida).

Regional reach

18

countries

across Asia and the Pacific

Over

10

years of

regional engagement and legacy in climate finance

Support

NDCs and NAPs

formulation and implementation

Our mission

Advancing climate finance solutions by unlocking and directing finance towards impactful and inclusive climate action across Asia-Pacific. 

 

Where We Work

Expanding Our Reach for Greater Impact

The CFN is  committed to its mission of mobilizing and manage increased climate finance across the Asia-Pacific region, targeting a broad spectrum of countries each facing unique challenges and opportunities in the fight against climate change. Our work supports the global goal to achieve the SDGs by 2030 and helps countries set and meet their own climate goals in:

Bangladesh - Cambodia - Fiji - India - Indonesia - Kiribati - Malaysia - Maldives - Nepal - Philippines - Solomon Islands - Sri Lanka - Thailand - Tonga - Tuvalu - Vanuatu - Viet Nam
 

What we do

Our work is based on a comprehensive approach that blends knowledge management, capacity building, and technical support through collaborative partnerships. Our impact is channelled through six core workstreams. 

Our workstreams:

Budgeting and planning
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Streamlining budget and planning processes to reflect climate priorities.

Access to finance
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Facilitating access to global and regional public and private finance.

Tax and innovative finance
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Identifying financial mechanisms and tax strategies to boost climate funding.

Gender and social inclusion

Ensuring finance strategies are inclusive and empower all community members.

Transparency and accountabilty
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Promoting open and responsible climate financial practices.

Modeling climate impacts

Analyzing and forecasting the economic effects of climate change for better financial planning.

Partnerships at the core

CFN works through a wide network of partners — core partners include Ministries of Finance and other national authorities; primary partners include parliaments, CSOs and think tanks; strategic partners include global, regional and national institutions (ADB, IMF, UNCDF, donors, philanthropic and private investors).

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Latest initiatives

 

Our contribution to UNDP global mission

CFN operates within UNDP’s global agenda to align public and private finance with the SDGs. As part of that global ecosystem, CFN collaborates closely with UNDP’s Sustainable Finance Hub — which provides global tools, thematic expertise and a platform for scaling sustainable finance solutions. 

Home | Sustainable finance hub

Other key partners include:

  • UNDP Climate Promise — CFN complements the Climate Promise by helping governments not only design ambitious NDCs and NAPs, but also secure the financing and fiscal reforms needed to implement them.

  • BIOFIN (Biodiversity Finance Initiative) — CFN and BIOFIN jointly support ministries of finance and environment to integrate biodiversity and climate considerations into national budgets, taxonomies, and financing strategies.

  • UNCDF Local Finance initiatives — By working with UNCDF, CFN connects national-level fiscal reforms with local-level financing solutions, ensuring resources reach communities on the frontlines of climate impacts.

Our donors which make our work possible are:

CFN donors

 

Publications

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News, events and stories

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Impact

START DATE

March 2022

END DATE

December 2028

STATUS

Ongoing

PROJECT OFFICE
IMPLEMENTING PARTNER

United Nations Development Programme

DONORS

Foreign,Commonwealth & Dev.Off.

UNITED NATIONS DEVELOPMENT PROGRAMME

TOTAL CONTRIBUTIONS

$12,191,420

DELIVERY IN PREVIOUS YEARS

2022$1,181,533

2023$1,668,139

2024$2,475,854

2025$2,826,996

Full Project information