Financing for impact

Financial tracking of early warning systems investments

The Alliance recognizes the critical importance of tracking and analysing investments in EWSs to bolster advocacy for and coordination of support across the MHEWS value chain. This involves identifying key trends in investment portfolios to reveal funding priorities and gaps, examining investment portfolios from various sources to assess distribution and effectiveness, and sharing findings from country needs assessments to pinpoint areas requiring further investment and support. The Alliance therefore supports optimizing financial tracking methods to better inform Alliance members’ planning and decision-making processes, potentially including the development of a Finance Tracking Observatory to be integrated in the EW4All Dashboard for streamlined data visualization and informed decision-making.

SOFF

The Alliance aims to maintain and expand the scope of SOFF to support the continuous improvement and sustainability of hydrometeorological observations. As the United Nations climate fund dedicated to systematic observation, SOFF is a vital mechanism for closing today’s basic weather and climate data gaps. Furthermore, the Alliance has as its long-term goal to extend SOFF’s scope to also include other Earth observation domains, including greenhouse gases and marine and hydrological variables, depending on potential future intergovernmental additions to GBON. The Alliance will advocate for expanding SOFF financial support to middle‑income countries, which also face significant observation gaps. By broadening SOFF’s focus, the Alliance seeks to create a comprehensive approach to strengthening the Earth systems monitoring critical for MHEWS, climate adaptation and mitigation.

Website: www.un-soff.org