6. Unleashing Enablers and Accelerators including on Financing, Technology and Capacity-Building
Scaling finance, technology and capacity building to unlock climate ambition. This axis enhances digital innovation, governance, entrepreneurship, and inclusive financing while harmonizing markets and creating enabling conditions for systemic climate action.
No transformation happens without the means to deliver it. Finance, technology, and capacity-building connect ambitions with implementation across every sector and region.
Axis 6 works to align financial systems with climate goals, reduce barriers for developing economies, scale digital and AI-powered solutions, and build the institutional capacity that governments and communities need to act. From harmonizing carbon markets to empowering climate entrepreneurs across the Global South, this axis ensures that the tools needed to deliver the Paris Agreement are accessible, functional, and equitable.
Key Objectives:
Mainstream climate into finance by advancing taxonomies, investment platforms, budget methodologies and transition plans to enable sustainable capital flows and resilient financial systems for climate action.
Expand financing for adaptation through debt swaps, resilience bonds, contingent instruments and mobilization of private capital to strengthen adaptive capacity at national, local and community levels.
Harmonize carbon markets and accounting standards by fostering international alignment, promoting Mitigation Contributions and strengthening demand to enhance credibility and integration of carbon markets.
Strengthen climate and trade linkages by promoting sustainable supply chains, deforestation-free commodities and policy dialogues to align trade systems with climate goals and global environmental commitments.
Reduce non-CO2 gases by scaling up methane mitigation in energy, agriculture and waste, advancing black carbon reduction and HFC phase-down, supported by capacity-building, measurement and regulatory systems.
Strengthen governance and institutional capacities by protecting defenders, building state resilience, developing gender-sensitive emergency protocols and training public servants to integrate climate into policy and planning.
Harness digital public infrastructure, AI and digital climate solutions to enhance transparency, monitoring, registries and adaptive decision-making, enabling innovation and equitable access to climate solutions.
Foster climate innovation and entrepreneurship by supporting SMEs and startups with finance, technical support and campaigns, driving inclusive growth and climate-proof business models in developing economies.
Advance bioeconomy and biotechnology by mobilizing biosolutions and sustainable industries that accelerate NDC implementation, promote biodiversity and unlock new markets for low-carbon growth.
Strengthen information integrity in climate matters by combating disinformation, enhancing transparency in media and digital platforms, supporting climate journalism and advancing science-based communication.
Progress
$1.9 trillion
USD of climate finance flows (tripled from $700 billion since 2015-2023)
80 countries
receiving support for the national climate plans (NDCs)
32 countries
operating emissions trading
*Data refers to Global Socioeconomic Indicators listed on the 2025 Yearbook of Global Climate Action and not to Plans to Accelerate Solution (PAS) progress. For more information read the 2025 Yearbook of Global Climate Action.
Be part of the implementation
Take action where your operations and value chain have the greatest climate-related risks. Drive change by seizing new opportunities across energy, nature, agriculture, cities, human development, finance.
Through Axis 6: Cross-Cutting Enablers and Accelerators, businesses can unleash critical financial catalysts by channeling transition capital into emerging markets, closing the adaptation funding gap, and empowering small businesses with the tools and capacity-building needed to scale next-generation climate technologies. Key actions businesses can take include:
Scale finance to accelerate net-zero, adaptation and nature-positive solutions, especially in emerging economies and developing markets.
Advance innovative and practical climate finance solutions, including country platforms, taxonomies, de-risking, and project pipelines.
Scale AI, digital, and data systems to enhance transparency and climate risk management.
Accelerate innovation through partnerships across supply chains with SMEs and climate tech leaders.
Standardize measurement and disclosure to build credible transition plans.
Embed climate and nature into governance, incentives and capital allocation.
A new chapter for Race to Zero. Join us!
As the global net-zero ecosystem evolves, climate leadership is shifting from pledges to implementation. To accelerate the transition to a decarbonized, resilient economy, the Climate High-Level Champions are inviting the Net Zero ecosystem to engage under a new Net Zero Activation Group. This group will build on the knowledge, momentum, and partnerships created through Race to Zero, supporting measurable, time-bound actions to deliver emissions reductions and scale proven solutions.
This marks the next chapter in the Action Agenda, with continued emphasis on translating net zero commitments into concrete impact, accelerating progress toward the 1.5°C goal.
Learn more Net Zero Activation Group Join the Activation Group Join the Activation GroupBrief history of the Race to Zero – the largest ever alliance working collectively to drive down global emissions, cut pollution and deliver a fairer, healthier world.
Since the launch of the Race to Zero in 2020, the campaign played a critical role in shifting and evolving the net zero landscape. Commercial opportunities in the transition have become more real, while the policy environment has grown more complex. While some markets have stepped back, most have matured, and continue to do so. Businesses are now operating in a world where the pace of transition is playing out differently across sectors and regions of the economy. At the same time, voluntary action was normalized, codified, and is increasingly reinforced by independently verifiable, international standards, disclosure frameworks, policy signals and regulation. Standards that cover science-based target setting, transition plans, ISSB-aligned disclosure, and the UNFCCC’s work on recognition are all helping to establish a more consistent basis for what credible action looks like.
Race to Zero Impact Race to Zero Campaign (Archive)Partners under the Race to Resilience campaign helped 400 million people thrive in spite of climate shocks and stresses.
Since 2021, partners also helped to protect 18.4 million hectares of natural ecosystems and helped deploy $4.2 billion in finance for adaptation measures.
Race to Resilience helped to put people and nature at the very centre of climate solutions worldwide. By driving climate action, it has informed more ambitious objectives in the Global Goal on Adaptation, Global Stocktake and Action Agenda.
Explore Race to Resilience Achievements Race to ResilienceRelated Campaigns & Breakthroughs
Net Zero Activation Group
Climate leadership is shifting from pledges to implementation as companies, organisations, cities and civil society now focus on building the net zero economy of the future.
Learn More Net Zero Activation Group
Race to Resilience
Race to Resilience has completed its first full delivery cycle, from ambition to implementation, and proven that people-centred resilience can be measured, delivered, and scaled.
Learn More Race to Resilience
2030 Breakthroughs
A “breakthrough” is a moment that marks a significant advance in the transformation of an economic sector or natural system.
Learn More Breakthroughs
Sharm El-Sheikh Adaptation Agenda
Adaptation outcomes in the Sharm el-Sheikh Adaptation Agenda helped protect lives, livelihoods, and ecosystems.
Learn More Sharm El-Sheikh Adaptation Agenda
Climate Proofing SMEs
Empowering and enabling Small and Medium Enterprises (SMEs) to take ambitious climate action.
Learn More Climate-Proofing SMEsExplore the Granary of Solutions
Explore Granary of SolutionsThe Granary of Solutions presents concrete examples of climate action – from deploying renewable energy, to modernizing power grids, to improving industrial efficiency. Examples show how sustainable transport networks, low-emission technologies, and smart infrastructure reduce greenhouse gas emissions while maintaining reliable energy and industrial production at city and national scales.
Case Studies
Inclusive Risk Financing Impact Pathways
Improvement opportunities for policies and certification schemes promoting sustainable biofuels with low GHG emissions explores just and inclusive planning of the energy transition.
Optimizing early action through macro risk-financing solutions
Through pre-arranged financing triggered by pre-identified risk parameters, ARC Replica offers timely humanitarian assistance that can limit the impact of a crisis. This factsheet summarizes Tetra Tech's assessment of the financial and operational efficiency of the ARC Replica initiative, including the impact of early action use of insurance and financing predictability.
Country Packages Unite Action for Forests, Climate and Nature
"Country Packages for Forests, Climate and Nature" mobilize partners to deliver finance, diplomacy, investment and technical support, helping nations reach forest, climate and biodiversity goals.
Common Framework for Sustainable Finance Taxonomies for Latin America and the Caribbean
The LAC Taxonomy Common Framework aligns sustainable finance across the region, guiding net-zero transitions, boosting resilience, and enabling cross-border flows for green investments.
Emissions markets reduce air pollution in India
India's first emissions market cut industrial air pollution in Gujarat, improving air quality for over 15 million people while being 25x more cost-effective than traditional regulation.
Banka BioLoo: The company supporting access to clean sanitation in rural India
Banka BioLoo’s 10,000 bio-toilets cut waste 90%, provide recycled water and biogas, and replace sewage with low-maintenance, climate-friendly technology.
OGCI Satellite Monitoring Campagin 2022-2023 over Kazakhstan, Algeria and Egypt.
In 2022-2023, OGCI expanded its Satellite Monitoring Campaign to Algeria, Kazakhstan, and Egypt, with over 530 high-res observations at 18 sites to help reduce methane emissions.
London Stock Exchange’s Voluntary Carbon Market: Scaling Global Climate Finance
London Stock Exchange’s VCM Designation enables companies to invest in climate projects, generate carbon credits, and scale voluntary carbon markets responsibly.
Related Resources
11 November 2025 2025 Yearbook of Global Climate Action
The Yearbook of Global Climate Action 2025 reveals a decisive shift from promises to delivery
Showing how cities, regions, businesses, investors and communities are driving climate action implementation at scale, across each of the axes of the Action Agenda. The Yearbook also highlights that significant gaps persist, underscoring the need to accelerate implementation in line with the Global Stocktake – the UN’s official report card on climate progress.
11 November 2024 3. Transforming Agriculture and Food Systems The great enabler: a collection of insurance solutions powering $10 trillion of climate finance
This report shows that by derisking, the insurance industry can accelerate transition finance to flow at the speed and scale that we need, lowering the cost of clean technologies and scaling their deployment in the process.
This report shows that by derisking, the insurance industry can accelerate transition finance to flow at the speed and scale that we need, lowering the cost of clean technologies and scaling their deployment in the process. It’s brought to you by Howden, BCG and the High-Level Champions.
25 September 2024 6. Unleashing Enablers and Accelerators including on Financing, Technology and Capacity-Building Catalysing climate action: The role of professional service providers in realizing a net-zero future
This report explores the increasing attention that is being paid to the role of how Professional Service Providers (PSP) can help accelerate the transition to net zero emissions.
23 September 2024 6. Unleashing Enablers and Accelerators including on Financing, Technology and Capacity-Building Scaling nature finance now: The opportunity for investors in Brazil and beyond
Investing in nature and sustainable agriculture practices can deliver significant, mutually reinforcing benefits for businesses. This report presents how to scale nature finance now, with a look at the opportunity for investors in Brazil and beyond.
03 November 2025 6. Unleashing Enablers and Accelerators including on Financing, Technology and Capacity-Building Finance Sector Deforestation Action (FSDA) Progress Report 2025
The Finance Sector Deforestation Action (FSDA) Progress Report, highlights the progress made by FSDA signatories with the support of the initiative.
