This event convenes key stakeholders in microfinance and climate adaptation to explore two critical strategies: developing targeted microfinance products for refugees and leveraging remittances to fund climate action in communities of origin. The dialogue addresses how microfinance strengthens climate-resilient agricultural livelihoods for refugees and host communities, based on research from CGIAR in Northern Jordan. Participants discuss the transition from cash-based assistance to sustainable agricultural practices and identify challenges to accessing microfinance, aiming to create a supportive policy environment that enhances financial inclusion for vulnerable populations. 

Simultaneously, the event highlights the significant role of remittances, which exceed $669 billion in low- and middle-income countries in 2023, in supporting climate adaptation efforts. As climate change increasingly impacts livelihoods, remittances provide essential funding for climate-resilient practices, including sustainable agriculture and disaster preparedness. The discussion focuses on strategies to leverage remittances for long-term resilience projects rather than short-term relief, emphasizing the need for financial education and investment opportunities that benefit entire communities. 

Experts in climate finance, migration, and sustainable development engage in discussions on policy frameworks, innovative financing models, and successful case studies where remittances directly contribute to climate action. Participants also address data gaps hindering the integration of remittances into climate resilience strategies and the potential drawbacks of remittance flows, such as labor market stabilization and power imbalances. By fostering collaboration between governments, international organizations, and local communities, the event identifies opportunities to scale up remittances as a vital tool for enhancing climate resilience among refugees and their communities.