The Climate Bridge Fund is a trust fund established by BRAC, with support from the government of Germany through KfW in November 2019. It is an innovative, direct climate finance mechanism, which supports registered NGOs located in Bangladesh. The funding mechanism will operate in a way where only the income generated from capital investments is primarily used for funding urban adaptation measures and resilience activities in the context of climate-induced migration.
Climate-induced migration in Bangladesh is directed particularly towards urban slums that are already overcrowded and suffer from poor living conditions. Despite efforts to improve livelihoods of those living in slums, financial challenges in upgrading infrastructure and services exist.
The Climate Bridge Fund has been set up to ‘bridge’ the financial gap - from short-term project funding to sustainable provision of services and infrastructure for climate-induced migrants. It will also enhance the sustainable livelihoods of climate migrants and their resilience to climate-related risks that may trigger further climate-induced migration.
20000 households or 100000 people in four years (2020-2023) through at least 8 projects
REQUEST FOR PROJECT PROPOSAL UNDER EMERGENCY RESPONSE WINDOW
The Call under ERW is closed now.
CALL FOR CONCEPT NOTE UNDER CLIMATE CHANGE WINDOW
The 2021 Call under CCW is closed now
Strengthen the resilience by reducing risks of vulnerable people in urban areas who are either displaced or are at the risk of being displaced due to impacts of climate change.
Institutional capacity building to address climate change migration by implementing sustainable adaptation projects.