Somalia Launches Climate Finance Framework with First National Climate Fund Steering Committee Meeting

Somalia Launches Climate Finance Framework with First National Climate Fund Steering Committee Meeting

 

The Federal Government of Somalia has officially launched a new national climate finance system, marking a major step in addressing climate change challenges across the country. The announcement came during the first meeting of the High-Level Steering Committee of the National Climate Change Fund, chaired today by Minister of Finance Biixi Imaan Cige.

The meeting focused on improving access to climate financing and enhancing investment in climate-resilient projects. Participants discussed strategies to accelerate the operations of the National Climate Change Fund and ensure better coordination among national and international partners.

Also present at the meeting were the Ministers of Planning, Environment and Climate Change, the Governor of the Reconstruction and Development Bank, and the Executive Director of the Climate Fund, Mr. Liiban Obsiye, who was appointed by Presidential Decree.

The committee highlighted the importance of strengthening cooperation between Somalia and international organizations working in climate and environmental sectors.

Somalia remains one of the countries most vulnerable to climate change, frequently facing floods and droughts caused by irregular rainfall patterns. The establishment of the National Climate Change Fund reflects the government’s commitment to mobilize resources and protect communities from the worsening impacts of climate change.