While global adaptation finance flows are rising, they fall far short of what is required. Less than a tenth of climate finance is dedicated towards adaptation and even less towards vulnerable communities, such as smallholder farmers, risking food security, financial stability and prosperity. Philanthropic capital can be the game‑changer where risks are deemed too high, and markets are slow to move. It also has more flexibility and patience as opposed to other types of capital. Nevertheless, there are many challenges to this, that include the need for stronger collaborations among different types of actors/donors and the fact that policy-practice and science are still acting in silos, preventing truly systemic approaches to resilience. This session aims to unpack concrete examples of philanthropic capital as a catalyst, discuss how these solutions can be replicated and scaled and reflect on the role of science in providing evidence-based guidance to support the enabling of resilience approaches.
