Federal climate funding for Indigenous communities remains crucial. Yet it is still built on a colonial budgetary logic: Ottawa decides priorities, timelines, and reporting cycles, while lands and waters wait for approvals. Programs that support Indigenous-led monitoring, natural climate solutions, and clean energy are vital lifelines, but they do not yet form a new system. They leave power in the same hands and retain a logic of serving human interests over ecological well-being.
What if the land itself were treated as a primary financial actor?
Imagine an economy where a river, forest, or entire watershed is recognized as a rights-bearing entity with its own ongoing claim to revenue, care, and decision-making. Governments, markets, and communities would relate to ecosystems as partners and “shareholders,” not as resources to be managed or used up. Indigenous Nations whose governance systems have always understood the land as a living relative would guide these relationships and decide how value flows across generations.
This is the foundation of ecological finance: a shift from temporary project grants toward Indigenous-governed, land-anchored systems where ecosystems and Indigenous Peoples are co-beneficiaries with enforceable rights to long-term returns.
From Social to Ecological Finance
Social finance seeks to align capital with social outcomes, such as housing, health, and education, through tools like impact investing and community bonds. Ecological finance goes further: under Indigenous jurisdiction, it treats ecosystems as active participants in the circulation and reinvestment of money.
Core ideas include:
- · Ecosystems as rights-holders. Territories, forests, and waterways are recognized as having an inherent right to restoration and ongoing support, with a portion of revenues dedicated to them in perpetuity.
- · Indigenous-governed ecological endowments. Permanent, Indigenous-controlled funds draw from public, philanthropic, and aligned private capital. Earnings sustain guardianship, land planning, youth training, and climate adaptation.
- · Ecological performance as return. Returns are linked to indicators such as species recovery, water quality, and soil health. Investors “earn” only when ecosystems thrive.
Rather than asking how nature can serve finance, ecological finance asks how finance can serve the land.
How This Touches Daily Life
For ecological finance to matter, it must become part of everyday economic practice, a routine way households and communities contribute to the care of their territories. Examples include:
- · Community ecological dividends. A share of energy bills, transit fares, or tourism fees automatically supports Indigenous-governed ecosystem funds tied to the territories that sustain that infrastructure.
- · Indigenous equity in green infrastructure. Renewable projects and conservation areas are co-owned by Indigenous Nations, with dividends flowing first to ecosystem restoration and community well-being.
- · Every day regenerative consumption. Consumers opt into “ecological tithe” pricing, where a small portion of each purchase supports Indigenous-led restoration where goods originate or are consumed.
In each case, transactions become acts of relationship with specific lands and waters, guided by Indigenous laws and responsibilities.
Financial Models from a New Paradigm
Emerging mechanisms already hint at what ecological finance could become:
- · Indigenous Project Finance for Permanence (PFP). One-time capital raises create enduring funds for Indigenous-led conservation, releasing earnings as long-term governance conditions are met.
- · Indigenous Impact Bonds. Investors provide capital for restoration or adaptation; repayment occurs only when Indigenous-defined ecological outcomes are achieved, with a share flowing to permanent ecosystem care.
- · Ecological Sovereign Wealth Funds. Resource revenues and settlements seed Indigenous-governed endowments. Only sustainable returns are drawn each year, turning extractive flows into intergenerational wealth.
- · Shared-prosperity cooperatives. Clean energy and other green assets are co-owned by Indigenous Nations and communities, prioritizing restoration, local livelihoods, and equitable returns.
These approaches don’t abolish finance but redesign who holds value claims, moving ecosystems and Indigenous Nations from the margins of the balance sheet to its center.
Shared Prosperity Beyond Capitalism as Usual
In this context, prosperity is not defined by GDP or job counts but by clean water, thriving territories, revived languages, and lower climate vulnerability. The integrity of relationships within the web of life measures wealth.
By design, ecological finance redistributes capital toward damaged ecosystems and historically marginalized communities. Indigenous laws of reciprocity and responsibility offer ethical guidance for that redistribution grounded in consent and obligations to more-than-human kin.
Global Participation Without Extraction
This vision welcomes global participation but on non-extractive terms. Philanthropy, public institutions, and investors can contribute to Indigenous-governed funds under capped returns and long horizons, recognizing that decisions about lands, benefits, and stewardship belong to Indigenous Nations. Financial institutions can embed Indigenous rights and co-governance into climate strategies, treating Indigenous Peoples as co-architects of just transition pathways rather than peripheral stakeholders.
A New Form of Stewardship
Ecological finance is not a utopia. It acknowledges deep inequities while working to rebalance them through redesigned financial systems. For Indigenous communities and Nations, the invitation is to keep designing models grounded in Indigenous law and ecological ethics.
For governments, institutions, and everyday Canadians, it is time to move beyond line-item funding and support Indigenous-centered, land-governed finance that gives nature a voice and a share. If the
environment is to shape its own future, then finance must learn to listen, and ecological finance is one way of turning that listening into sustained, intergenerational action.
Blog by Rye Karonhiowanen Barberstock
Image Credit : Ardian Pranomo, Unsplash
The post An Ecological Finance Future for Indigenous Climate Action appeared first on Indigenous Climate Hub.
Saturday, 17 October 2026
7.18 AM AWST
Hi folks! We’re joining you live from the Rainbow Warrior where we will be providing you with updates as our four activists continue scaling and occupying Woodside’s gas platform. The activists are peacefully protesting against Woodside’s latest gas expansion plans, the Browse project, which would see up to 57 toxic wells drilled at Scott Reef.
“Right now our activists are scaling Woodside’s massive Floating Production Unit. They are scaling the South-East pillar and the underside of the Helideck. They’ll be setting up camp soon and have plenty of provisions with them – so stick around!”
5:45 AM AWST
Our RHIBS are in the water! We’ve deployed our four activists and our ship crew on our small fast boats, headed to the gas platform. We’re carrying crew and equipment, plenty of food, all of our safety climbing gear, some big banners, cameras and a whole lot of heart… someone even has something to read after they get settled in.
5:26 AM AWST
Before sunrise activists prepared to launch RHIBS from the Rainbow Warrior.
Looking for a front seat view?
You can follow along with the Live Rainbow Warrior bow cam here!
Looking for more?
Follow us on Instagram for a peek behind the scenes and hear from our Rainbow Warrior crew.
Live blog: Greenpeace activists occupy Woodside gas project to save Scott Reef
Climate Change
Greenpeace activists climb and occupy Woodside’s Scarborough gas project calling on the Australian government to “Stop Woodside’s Dirty Gas” and “Save Scott Reef”
PERTH, Saturday 17 October 2026 — Four Greenpeace Australia Pacific activists are scaling and occupying a Floating Production Unit at Woodside’s Scarborough gas project off the coast of Western Australia, displaying banners reading: “Stop Woodside’s Dirty Gas. Save Scott Reef.”
- Photos and video available here and here. More will be uploaded throughout the day.
- Content and live updates will be uploaded to a live blog and to Instagram
Early this morning at 05:45 AWST, Greenpeace Australia Pacific activists launched from the Rainbow Warrior, Greenpeace’s flagship vessel, scaling and attaching themselves to a Floating Production Unit (FPU), a key piece of gas processing infrastructure at the Scarborough gas field over 200km off the coast of Exmouth.
Woodside has since confirmed it has initiated a temporary shut down of the FPU.
Greenpeace Australia Pacific is occupying the gas platform in peaceful protest of Woodside’s plans to drill for oil and gas at Scott Reef as part of its Browse proposal.
David Ritter, CEO at Greenpeace Australia Pacific, said: “Greenpeace Australia Pacific is taking action today to expose the unacceptable risk to Scott Reef posed by Woodside’s plans.
“Australians love our oceans. Woodside’s reckless Browse gas proposal would turn the magnificent Scott Reef into an industrial gas zone. Woodside wants to drill up to 57 toxic wells around Scott Reef, Australia’s largest oceanic reef, home to nesting green sea turtles, and endangered species like pygmy blue whales and the dusky sea snake; it is a place like nowhere else on Earth.
“Woodside has an alarming track record of oil spills, incidents and environmental neglect, and can’t be trusted with our oceans. From whaling in Albany in the seventies, to Woodside’s threat to Scott Reef today, there’s more than fifty years of history, of Greenpeace taking action off WA’s coasts to protect our oceans.
“There’s no future in new gas projects. Our future is in secure homegrown renewable energy, green industry and exports, where communities and places like Scott Reef are protected — there’s no future in dirty gas shipped offshore.
“The prospect of drilling for oil or gas on the Great Barrier Reef would be considered absolute madness today, but that is exactly the decision before the government: save Scott Reef or risk its destruction at the hands of a gas corporation.”
From aboard the Floating Production Unit, Dr Chris Holden, Greenpeace Australia Pacific activist said: “As a doctor, when I see new fossil fuel projects like Woodside’s Browse project being put forward, I can’t help but think about the impact this is going to have on the health of our communities and planet, and feel a sense of duty to act.
“Not only will this project do irrevocable harm to nature at Scott Reef, it will have a terrible impact on our climate, putting all of our lives at risk.
“On the Rainbow Warrior I’m carrying a copy of the 2025 Lancet countdown report, which warns that health impacts of climate change are worsening, with millions dying needlessly each year due to fossil fuel dependence, growing emissions, and failure to adequately adapt.
“With warnings like this from the leading global health professionals, our government simply can’t allow fossil fuel projects like Woodside’s Browse project to go ahead. It is their duty to do what is in the best interest of our communities.”
Almost half a million people have signed a petition calling on the government to Save Scott Reef and Woodside’s Browse gas project.
-ENDS-
Notes:
- Dial-in, SimSat and Zoom interviews with Geoff Bice, WA Campaign Lead at Greenpeace Australia Pacific, currently aboard the Rainbow Warrior, can be organised separately
Media contact:
Greenpeace Australia Pacific media team on +61 406 231 892 or +61 407 581 404
The board of the Fund for Responding to Loss and Damage (FRLD) will decide on Thursday on whether to “provisionally set aside” $20 million for Nepal to deal with some of the effects of the climate-driven flood it suffered in August.
The motion, seen by Climate Home News, has been drafted by a group of board members from both developed and developing countries and so is likely to pass easily at the fund’s first-ever extraordinary board meeting on October 22.
It invites the government of Nepal to submit a proposal for how to use the money, with the board then deciding at one of its regular board meetings whether to approve the proposal or not.
While Nepali officials have described $20 million as merely “symbolic” in the face of the $4.8 billion estimated costs of recovery and reconstruction, it would be the first time the new FRLD – agreed in 2022 months after devastating floods in Pakistan – has set aside money for a specific disaster.
Until now the fund has only taken requests through a single call for proposals, launched at COP30 in Belém last November, that gave countries six months to submit requests.
Most of the 180 projects the FRLD is currently considering are designed to help countries avoid damage from future climate disasters, for example by strengthening responses to floods in Bangladesh and Lagos.
The draft decision says Nepal’s proposal will serve as a pilot for how funding requests can be submitted outside of the fund’s current timetable. That could let governments seek funds quickly after a climate disaster strikes, rather than waiting for the next call.
This arrangement would set the fund apart from other United Nations funds designed for climate adaptation or cutting emissions like the Green Climate Fund.
Climate campaigners from Fill the Fund said the draft decision is “a real step forward” as it is “the first time this Fund has moved to respond to a specific disaster”.
Too little, too late
The FRLD was agreed by governments at COP27, set up and operationalised at COP28 in 2023 but has yet to award any money. The 180 funding requests it is currently considering would cost around $2.8 billion, but it only has $350 million to allocate.
The United Nations Secretary-General António Guterres has described the amount of money available in the fund as “ridiculously small” and Fill the Fund said $20 million “is a meaningful signal but it is a drop against an ocean of need”.
A glacial rock and ice collapse sent a torrent of water and debris through Nepal and the Chinese-administered region of Tibet on August 26. It killed more than 1,400 people, left thousands more missing and destroyed homes, bridges, roads and hydropower plants. Nepal’s finance and environment ministers quickly appealed to the FRLD board for funds, saying that “time is of the essence”.
Their call was followed swiftly by a letter from developing country FRLD board members urging the board’s co-chairs to organise an extraordinary meeting to allocate funds to Nepal.
But developed countries initially called for an informal consultation rather than a full board meeting. It took a further 45 days for the board’s co-chairs to organise an extraordinary board meeting for October 22 and to draft a motion for adoption.
Fill the Fund called for a permanent way of the fund rapid responding to disasters as “Nepal should not have required historic letters, an informal drafting group and the Fund’s first-ever extraordinary meeting simply to unlock an emergency response. The next country cannot wait two months and a bureaucratic marathon. Speed must be built in, not improvised.”
The post UN’s loss and damage fund set to give Nepal $20m for flood recovery appeared first on Climate Home News.
UN’s loss and damage fund set to give Nepal $20m for flood recovery
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Live blog: Greenpeace activists occupy Woodside gas project to save Scott Reef
Greenpeace activists climb and occupy Woodside’s Scarborough gas project calling on the Australian government to “Stop Woodside’s Dirty Gas” and “Save Scott Reef”
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