Let’s face it, developing countries need funding in-order to address the issues that hinder them from attaining development.
But how do these countries access international funding? It’s a question that needs concrete answers. With issues plaguing developing countries such as poverty, climate change and conflict, it is important for the government especially NGOs who work in solving those issues to get access to proper funding.
Climate finance is just one of the many funds for NGOs in developing countries. Climate change continues to become one of the barriers for development—increasing temperatures and extreme weather patterns threaten not only the economy but also the lives of millions of people.
In response, several funding measures were launched to address climate issues which include the Green Climate Fund and the Adaptation Fund. Green Climate Fund, established under the framework of United Nations Framework Convention on Climate Change (UNFCCC) aims to assist developing countries organize funding to invest in low-emission and climate-resilient development. Adaptation Fund on the other hand, supports financing projects and programs to help developing countries mitigate the effects of climate change.
These dedicated funds for new NGOs and existing ones help solve the gap in accessing international funding. Despite of this, more strides are needed in-order for NGOs to tap into the full extent of their chosen advocacies. With climate change being one of the main instigators behind other global issues such as famine and poverty, NGOs must to be educated on ways how to get access on funds.
In sourcing funds especially on climate mitigation, it is important to create a plan based on national strategies. These plans are based on high-quality data and cross-sector collaboration to come up with the best technique on how to get access on financial support, particularly funds for nationwide development.
For example, NGOs in developing countries that need climate funding must build connections with solid institutions capable of supervising funding of projects. The Adaptation and Green Climate Fund are capable of assessing institutions that have the capacity to ensure that money and projects are implemented and managed according to international standards.
Sourcing grants for developing countries entail the same process as sourcing for funds. For an NGO to access funds on much faster rate, using resources such as mass media can help attract large funding and grant support. Social media as well as print materials can be used to leverage your advocacy and improve visibility in the sector.
Transparency remains one of the keys when looking for funds. An NGO with a clear yet bold advocacy would attract better donors, simple as that. A transparent image could mean better response of your organization, and building trust with your donors and funders while ensuring that projects are accomplished according to your planned strategy.
Climate change is a chilling scenario that can wipe out half of the humanity if not managed. Yet, the issue itself is paving way for mass sourcing of grants for NGOs in developing countries. It may not sound good to hear that our planet is suffering from a climate disturbance, but it is actually giving NGOs the chance to take advantage of the issue and use it to promote collective good. With the help of proper funding, these NGOs can influence the public to take action and work together towards solving global issues.
Looking for funds isn’t time based, and advocacies will need perfect pacing in-order to be implemented well. However being prepared and equipped in these modern times can help you and your organization secure support from the industry. In the end, you’ll have ensured success at your hands.