Future Fund
Established in 2017, the Future Fund is a unique Under2 Coalition project that was developed not only for its governments but also by its governments.
About the Future Fund
The Future Fund is a powerful source of climate funding, supporting subnational governments on their journey to reach net zero emissions by 2050, at the latest.
Each year, it relies on funding from contributing governments and corporate foundations to support climate action in developing and emerging economy regions. It does this through directly funded capacity-building projects, peer learning and secondments, and access to global climate events and forums in regional languages.
Supporting developing and emerging economy regions
The role of developing and emerging economy regions is fundamental to make a difference to the world’s climate system.
Not only can these regions contribute to a decarbonised world, but implementing mitigation measures can carry significant and much-needed health and socioeconomic benefits to local populations.
However, due to a lack of resources these regions have traditionally struggled to join international climate networks, participate in meetings, develop mitigation capacities or share lessons learned. The Future Fund is working to change that.
Join the Future Fund, today
Our achievements
22
Projects
Delivered projects covering everything from carbon management to renewable energy, plus much more.
27
Secondments
Facilitated secondments to transfer specialist knowledge and draw upon member expertise.
77
Governments provided with travel support
Supported governments to participate in international negotiations.
Air quality monitoring in Tucumán - Future Fund 2024
Funding priorities
01.
Engaging in Under2 Coalition activities through capacity building
We aim to provide support on developing 2050 pathways, implementing innovative policy solutions and establishing robust inventories through direct funding to selected regions.
02.
Participating in international negotiations through active engagement and network expansion
We work on recruitment and active engagement with governments from developing and emerging economy regions to commit to the Under2 Coalition’s goals and participate in our programs and events.
03.
Fostering knowledge exchange
We aim to encourage peer-to-peer learning through secondments between developing and developed regions on relevant climate policies and actions.
Partners
The Future Fund was launched at COP22 in Marrakech, with founding contributions from Under2 Coalition governments.
Province of Alberta
Government of Navarra
Government of Ontario
Government of Québec
Scottish Government
Government of South Australia
Welsh Government
Corporate foundations
Québec is proud to contribute concretely to the success of the Future Fund. This partnership demonstrates how collaboration within the Under2 Coalition may give rise to ambitious projects and valuable exchanges between its members. Together, we are shaping a greener and more sustainable future for our planet.
Benoit Charette, Minister of the Environment, the Fight Against Climate Change, Wildlife, and Parks of Québec
Our impact reports
2025
The past year has underscored the escalating reality of the climate crisis, with record-breaking heat, deadly floods, and mounting impacts on vulnerable communities. Now in its eighth year, the Future Fund addresses this gap by empowering regional and local governments by supporting projects ranging from climate finance guidance in Morocco to solar installations in Brazilian schools.
2024
We celebrated the seventh anniversary of the Future Fund in 2024. Read our latest impact report to find out what the Fund has achieved in the last seven years and our highlights from 2024.
2023
Through the support of the Future Fund, Gauteng explored the feasibility of a waste management facility and North Bank Region published its first climate mitigation and adaptation plan.
2022
We celebrated the fifth anniversary of the Future Fund in 2022. Read about what we did that year and across our whole lifespan.
2021
The Future Fund overcame the challenges of COVID-19 to help more governments build back greener.
2020
After delays due to Covid-19, the Future Fund's projects re-started later in 2020.
2019
20 governments had their voices heard at the Global Climate Action Summit and the Under2 Coalition General Assembly through Future Fund support in 2019.
2018
In 2018, the Future Fund provided valuable secondment opportunities for staff from emerging economy regions.
2017
The Future Fund was launched at COP22 in November 2016. The 2017 Progress Report highlights its first round of impact.
Projects & secondments
Project reports
- Final Report: Grid Connected Solar Photovoltaic (Pv) Municipal Office Lighting In Ilembe District Municipality – Kwazulu-Natal, South Africa (2024)
- Final Report: Pernambuco Strengthening Local Capacities for Climate Action (2024)
- Final Report: Air Quality Monitoring Network in the Province of Tucumán (2024)
- Pre-feasibility study for integrated waste facility, Gauteng, South Africa (2022)
- Climate adaptation and mitigation plan, North Bank Region, The Gambia (2022)
- Chiapas, Mexico final report (2021) - Spanish
- Building capabilities for climate change policy in Guanajuato, Mexico (2021)
- Rondônia, Brazil final report (2020) - Portuguese
- Green Autonomous Communities pilot in Yucatán, Mexico (2021)
- Developing the MRV REDD+ System in West Kalimantan, Indonesia (2020)
- Capacity building and training in the installation of photovoltaic systems by means of a traveling school cart, São Paulo, Brazil (2020)
- Calculating the base scenario for GHG emissions in Colima, Mexico (2019)
- Developing a road map for the implementation of carbon tax in Sonora, Mexico (2019)
- Developing a road map for the implementation of carbon tax in Tabasco, Mexico (2019)
- Updating the GHG inventory in Colima, Mexico (2018)
- Developing a State Action Plan on Climate Change in West Bengal, India (2017)
- Developing a Carbon Management Plan in Yucatán, Mexico (2017)
Secondment reports
- Yucatán - British Columbia (2022)
- KwaZulu-Natal - Yucatán (2020)
- Western Cape - The Climate Group (2019)
- Nariño - Querétaro (Spanish) (2019)
- West Kalimantan - North Rhine-Westphalia (2019)
- Yucatán - British Colombia (2019)
- Kwa-Zulu Natal – Victoria (2018)
- São Paulo - Wales (2018)
- Gujarat - South Australia (2017)
- Western Cape – California (2017)
Impact reports
27 November
Climate Week NYC returns September 2026
06 November
Climate action is changing: A new climate communications is coming through
06 November
Climate action is changing: Climate leaders are becoming a lot more pragmatic
06 November
Climate action is changing: The economy is THE conversation
01 October
The prescription for Climate Action: why healthcare can't wait
29 September