SOLIDARITY LEVIES AIM TO SHARE THE BENEFITS OF
GLOBALISATION
This mechanism involves a surcharge on a major economic activity, enacted by a government and earmarked for a specific cause. For example, an air ticket levy has raised billions for UNITAID.
ENDANGERED SPECIES TECHNOLOGY FUND
PARTNERS: Convention on International Trade in Endangered Species of Wild Flora and Fauna (CITES)
PROJECT: Design of an impact investment fund focused on cutting-edge technologies such as optical and sound recognition and DNA for better tracking and tracing of CITES-regulated wildlife trade.
LOSS AND DAMAGE RESPONSE FUND
PARTNERS: United Nations Framework Convention on Climate Change (UNFCCC)
PROJECT: Synthesis of existing funding arrangements and innovative sources to address loss and damage from climate change and elaboration of Loss and Damage Fund to be discussed at COP28.
DISASTER INSURANCE FINANCING FACILITY
PARTNERS: United Nations, SwissRe, WTW
PROJECT: Design of an innovative finance mechanism to cover premium payments for parametric risk insurance to benefit countries eligible for assistance from the UN Central Emergency Response Fund (CERF).
EXTRACTIVE INDUSTRY MICRO-LEVY
PARTNERS: United Nations, The Rockefeller Foundation
PROJECT: Design of an extractive industry micro-levy in Africa to fund the fight against chronic malnutrition in Sub-Saharan Africa through the dedicated public-private partnership UNITLIFE.
GIRLS EDUCATION BOND
PARTNERS: Global Partnership for Education (GPE), Open Society Foundations
PROJECT: Design of a social impact bond backed by new and existing pledges to raise capital for investments in education programs for girls in countries supported by the Global Partnership for Education.
SOMERSAULT EDUCATON FUND
PARTNERS: Somersault India
PROJECT: Development of an CSR educational fund for the children of artisans engaged as teachers in workshops for international fashion and design students conducted by Somersault Studios in India.
GLOBAL ECOSYSTEMS ATLAS
PARTNERS: Group on Earth Observations (GEO)
PROJECT: Development of an innovative financing mechanism to fund the maintenance of the world's first harmonised, coherent tool for action to halt and reverse loss of nature and the services it provides.
WASTE MANAGEMENT EVOLUTION
PARTNERS: Various Governments, Environmental Technology Companies
PROJECT: Development of innovative financing for the commercialisation of patented, game-changing waste management technologies and processes in emerging and developing countries.
ALTERNATIVE AGRICULTURE & FOODS
PARTNERS: Back of the Yards Algae Sciences (BYAS)
PROJECT: Development of innovative financing for the commercialisation of patented alternative food systems and new ingredients based on circular economy principles.
