Selected Strategy, Khulna, Bangladesh
I see the appeal of Strategy D – advocating for loss and damage funds, as it directly targets finance for vulnerable communities affected by cyclones, salinity, and flooding in Khulna. However, Strategy A – highlighting natural capital can complement this by providing tangible, on-the-ground projects that make climate finance more credible and effective.
While loss and damage funds focus on compensation and recovery, natural capital projects prevent damage and build resilience, ensuring long-term sustainability. The risk with Strategy D alone is that funds may arrive late or be insufficient, whereas Strategy A generates continuous benefits through ecosystem services.
From the DRC experience, combining both approaches can be powerful: showcasing natural resources for REDD+ or carbon credits attracts finance, while advocating for loss and damage ensures equity and justice for the most vulnerable communities. In Khulna, this could mean funding mangrove restoration while also securing dedicated support for communities displaced by climate events.
Overall, a hybrid approach strengthens both environmental and social outcomes, maximizing the impact of international climate finance.