Donor Risk Aversion: Climate Finance in Afghanistan | The Red Zone 2024

Afghanistan is ranked as one of the top ten countries at risk of climate disasters and faces the most significant funding hurdles due to U.S. and UN sanctions and donor risk aversion. The deteriorating political situation, ongoing humanitarian constraints, and sudden climate disasters have resulted in nearly 24 million Afghans needing humanitarian assistance in 2024. Although the country’s climate and humanitarian crises require urgent climate adaptation to alleviate the suffering of millions, donors remain risk averse to banking humanitarian projects and climate initiatives throughout the country. Ongoing regulatory scrutiny, due diligence requirements, reputational risk, and lack of capacity are severe challenges for donors-each hampering the development of climate financing mechanisms and resulting in devastating consequences for Afghans.
The public and private sectors must reassess their regulatory engagement, sanctions compliance methodology, and risk tolerance of banking climate initiatives in high-risk jurisdictions. This panel brings together financial institutions, climate finance experts, and climate implementors to highlight how donor risk aversion impacts humanitarian assistance and climate adaptation initiatives in Afghanistan.
To register to attend the Red Zone Conference, please visit: The Red Zone: Charting Paths to Resilience in the Climate-Conflict Nexus.
This event is made possible through the generous support of USAID.
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