Climate finance: is it making a difference?: A review of the effectiveness of multilateral climate funds
Available online: http://www.odi.org/sites/odi.org.uk/files/odi-assets/publications-opinion-files/ [...]
Smita Nakhooda ; Marigold Norman ; Overseas Development Institute (United Kingdom)Published by: ODI ; 2014
This report analyses a decade of contributions and spending to nine major international and two national funds set-up to tackle climate change. Funds have been subject to considerable scrutiny and have become increasingly inclusive, seeking to respond to guidance from diverse stakeholders. Active engagement from civil society and the private sector with these funds can bring new issues and perspectives to bear on decisions made. The report conclusions provide recommendations on how climate-finance architecture can become more effective.
Effective spending of multilateral climate finance and delivery of successful outcomes are critical in building consensus on the imperative to take action in response to climate change. While climate funds have played a significant role in reported climate finance contributions from developed countries, the share of finance directed through their bilateral agencies is often much greater.
Format: Digital (Free)
Tags: Climate change ; Disaster Risk Financing, Disaster risk transfer Add tag