Maldives integrated national financing framework (INFF): Gender-responsive climate financing strategy

Developed through the INFF process, Maldives’ financing strategy supports the financing of the Maldives Strategic Action Plan (2019-2023), Nationally Determined Contributions, and other national and sectoral development plans. It provides a set of highly action-oriented strategies to unlock both domestic and external resources from the private sector, international financing institutions, philanthropic organisations, and impact and cause-driven sources of financing.

The launch is a bold first step towards raising the financing required to achieve the Maldives’ ambitious international commitments, including the net-zero commitment for 2030. The ongoing climate emergency poses a very real and urgent existential threat to the Maldives. The country is at a critical juncture in its development journey to recover from the longstanding impacts of the COVID-19 pandemic, to build back better and greener and achieve more inclusive growth. The financing strategy puts gender equality at the heart of all financing actions as an important cross-cutting theme and provides specific policy options to ensure that the strategy’s proposed actions are gender-sensitive. This is the first financing strategy developed and formally endorsed by a small island developing state and the first financing strategy that focuses specifically on financing the climate agenda.