In the context of LIFE-AR, delivery mechanisms are the governance, planning and financial channels and systems that enable at least 70% of funds to flow to the local level for community-prioritised climate action.This is all delivered in a way that is aligned with the LDC Offers and Principles.
Delivery mechanisms can combine different activities carried out by public, private and civil society institutions as needed. And they can be used to support the building of climate-resilient people, economies or ecosystems, or a mixture of all three. Delivery mechanisms are therefore more than climate finance projects. They include the systems for how money flows to the local level, the institutional capabilities to support the processes and the way investment planning and design are implemented.
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