Chosen Strategy: B. Coordinate with Regional / Global Blocs
Coordinating with regional and global blocs is the most realistic way for a resource-rich but financially constrained developing country to increase leverage and access climate finance.
Equity:Acting through blocs (such as LDCs, African Group, or rainforest alliances) helps ensure that climate finance frameworks reflect shared vulnerabilities, not just individual country capacity. This collective approach strengthens demands that funds reach frontline communities rather than being captured by elites or intermediaries.
Efficiency:Bloc coordination reduces duplication and negotiation asymmetry by pooling technical expertise, data, and advocacy, lowering transaction costs for accessing finance. It also increases donor confidence when funding is channelled through recognised multilateral platforms rather than fragmented bilateral arrangements.
Sustainability:Collective bargaining supports predictable, long-term finance (e.g. programme-based funding, debt-for-nature swaps, carbon markets) instead of short-term projects. It also reinforces shared environmental commitments, making it harder for countries to revert to extractive paths under fiscal pressure.
Overall, multilateral coordination shifts countries from reactive aid-seeking to agenda-setting actors, improving bargaining power while aligning climate finance with justice, impact, and long-term resilience.