Financing climate-responsive social protection: Opportunities for leveraging philanthropic capital

This brief examines how financing for climate-responsive social protection (CRSP) needs to evolve under rising climate and transition pressures, and how philanthropy could enable and catalyse such change. The focus is on making financing systems more reliable, timely and adequate in low- and middle-income countries where demand for social protection is rising, fiscal space remains constrained and external finance is unpredictable and costly. The challenge today is not only one of resource gaps but of how CRSP financing is structured, coordinated and deployed.