COP28: Resilience Monetization and Credit Initiative (RMCI)
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The Resilience Credit Initiative (RCI) is set to take center stage at COP28 with a one-hour session designed to drive private sector engagement in resilience investments for smallholder farmers. This session aims to explain the value proposition of resilience investment, a concept parallel to carbon credits but in the adaptation realm. Divided into 3 segments, it would delve into key RCI components, such as valuation methodologies, financing constructs, beneficiary analysis. The event doubles as a coalition-building platform, engaging strategic stakeholders to bolster support for the RCI. The session will conclude by shaping a persuasive messaging strategy to spotlight adaptation-first investments and their pivotal role in addressing the needs of vulnerable populations. This COP28 event ensures that participants depart with a robust grasp of RCI's potential and its alignment with corporate interests, underlining the importance of climate resilience.
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