Katharina Cavano l Palladium - Apr 22 2024
Palladium Awarded UK PACT Phase II to Continue the Transition to Low Carbon Economies

In Colombia, UK PACT is supporting the climate transition in forests and conservation, clean growth, and the protection of biodiversity.

Since 2020, through UK PACT, our teams have worked across 8 countries and 3 continents, managing a portfolio of grants worth over EU70 million to accelerate partner countries’ transitions to low carbon development. And that was just through the first phase of the UK Partnering for Accelerated Climate Transitions (UK PACT). The team, which recently won the second phase of the program will be continuing its work through 2027.

A flagship program under the UK’s International Climate Finance Portfolio, UK PACT funds projects that help partner countries to reduce their carbon emissions. Through a combination of grant funding for longer term capacity-building projects and rapid mobilisation of short-term expertise for skill shares and secondment opportunities, all projects work to accelerate the transition to low carbon development and green economies.

More specifically, UK PACT does three things: Country Programs, which provide grant funding for projects with high-emissions reduction potential, Skill-Shares and Secondments, which provide countries with a roster of experts to advise and help strengthen capacities and knowledge around climate mitigation, and the Green Recovery Challenge Fund, which supports low-carbon transitions and inclusive economic recovery.

What does that look like in action?

In Kenya, it looked like supporting the Kenya Forests Service to improve its National Forest Monitoring System so that it would deliver high-quality estimates of greenhouse gas emissions and real time intelligence on forest threats.

In Colombia, the team worked with the country’s National Planning Department to strategically link climate action with green economic recovery by providing mechanisms to accelerate the growth of bioeconomy businesses, long term institutional capacity support and skill development for a low-carbon transition.

And in Mexico, UK PACT funded projects across five priority sectors: finance, mobility, low-carbon policy, energy transition, and nature.
These are just three of the 82 live projects and 36 secondments that UK PACT has in its portfolio, and it’s only the beginning, says Palladium co-CEO Sinéad Magill.

“The strength of our in-country delivery teams, combined with our large-scale program management expertise and ability to deliver targeted and contextually savvy technical expertise across a range of specialties, were key to success in this win,” Magill explains. “As one of the UK’s flagship climate programs, we’re thrilled to continue this important work around the world.”

In the second phase of the program, the team will be designing and managing 10 bi-lateral Country Funds and additional regional funds to address common regional climate policy challenges.

For more information, contact info@thepalladiumgroup.com.