Economic and financial mechanisms for climate change resilience

Highlights:

  • Economic and financial mechanisms were at the heart of RESCCUE's strategy to foster and sustain integrated coastal management, thereby increasing resilience to climate change.
  • At the regional level, RESCCUE explored opportunities associated with greening taxes and subsidies, strengthening the mitigation hierarchy, land-use transactions, and economic incentives to control invasive species.
  • On pilot sites, RESCCUE studied the feasibility of over 50 economic and financial mechanisms. In practice, eight of them were implemented during the course of the project.
  • The vast majority of mechanisms assessed and/or implemented by RESCCUE involve payments from ecosystem services beneficiaries – as opposed to polluters. This translates higher political acceptability in Pacific Island contexts.
  • RESCCUE faced a number of contextual and procedural challenges. Project partners overcame them by operating at multiple scales while combining provision of technical expertise with development of strategic partnerships to build trust and commitment, reinforce existing institutions or create new ones.
  • Besides multiplying local innovations, a sustained endeavour is needed to: (i) achieve more tangible outcomes on greening taxes and subsidies in all PICTs; (ii) investigate more systematically opportunities associated with the tourism and fisheries industries; and (iii) assess the potential of mechanisms not covered by the project such as impact investment, insurance mechanisms, debt-for-nature swaps and green/blue bonds.
Tourist accomodation in Moorea
Tourist accomodation in Moorea
Diving with sharks in Fiji
Diving with sharks in Fiji
Coastal socio-economic activities in the Gambier
Coastal socio-economic activities in the Gambier
Ecotourism in North Efate
Ecotourism in North Efate
Publications
Economic and financial mechanisms for climate change resilience
8.22 MB Download
Greener taxes and public subsidies in Pacific Island Countries and Territories (PICTs): overview of RESCCUE's regional activity
4.07 MB Download
Economic incentives to control invasive species: overview of the RESCCUE project regional activity
4.82 MB Download
Strengthening the mitigation hierarchy implementation in Pacific Island Countries and Territories: overview of the RESCCUE project regional activity
3.5 MB Download
Exploring opportunities for land and land-rights transactions for conservation and climate change resilience in Pacific Island Countries and Territories
1.81 MB Download
Feasibility study of financial and economic mechanisms for integrated coastal management in North Efate, Vanuatu
1.89 MB Download
Feasibility study of financial and economic mechanisms for integrated coastal management in Kadavu, Fiji
1.64 MB Download
Feasibility study of economic and financial mechanisms for integrated coastal management in the Ra Province, Fiji
1.5 MB Download
The RESCCUE A pproach
1.21 MB Download
Economic tools for biodiversity: what contributions to expect from additional players in a crowded playing field?
715.8 KB Download
Innovative financial mechanisms for coastal management in the Pacific: a state of the art
1.44 MB Download
Mécanismes économiques et financiers pour la résilience au changement climatique
9.02 MB Download
Vers un “verdissement” de la fiscalité et des subventions publiques dans les États et Territoires Insulaires Océaniens (ETIO) : bilan de l’activité régionale du projet RESCCUE
4.07 MB Download
Incitations économiques au service de la lutte contre les espèces envahissantes : bilan de l’activité régionale du projet RESCCUE
5.68 MB Download
Renforcer la mise en œuvre de la séquence Éviter-Réduire-Compenser dans les États et Territoires insulaires océaniens: bilan de l'activité régionale du projet RESCCUE
4.54 MB Download
Examen des possibilités de mise en œuvre de transactions relatives au foncier et aux droits fonciers dans une optique de conservation et de résilience climatique dans les États et Territoires insulaires océaniens
1.85 MB Download
Mise en œuvre de mécanismes de financement innovants pour la biodiversité en province Sud de Nouvelle-Calédonie : refonte des redevances pour autorisation d'occupation du domaine public et réaffectation de taxes
3.04 MB Download
Etude de faisabilité des mécanismes de financement envisagés pour accompagner les changements de pratiques perlicoles et agricoles en Polynésie française
3.1 MB Download
Etude de faisabilité des mécanismes de financement innovants pour la biodiversité et feuille de route
4.5 MB Download
Étude de faisabilité des mécanismes de financement innovants pour la biodiversité et feuille de route
2.89 MB Download