The UNFCCC COP21 in Paris left high expectations for COP22 in Marrakesh to deliver a ‘concrete road map’ for mobilizing the $100 billion in climate finance for developing countries by 2020. The Climate Finance team at ODI has been analysing the latest trends in mobilising public international climate finance through the: Updates to the data…
REDD+ finance: where next?
Marigold Norman, Forest Trends and Charlene Watson, ODI In bringing together the views of a number of initiatives tracking REDD+ finance, this series has highlighted why there isn’t a single aggregate figure for global REDD+ finance flowing. Despite this, we are increasingly able to assess where finance is coming from, how it flows through different channels…
REDD+ Finance: Private Lessons For The Public Sphere
Molly Peters-Stanley, Ecosystem Marketplace Kenya’s Kasigau Corridor Project that Reduces Deforestation and forest Degradation (“REDD”) protects 200,000 hectares of endangered forest between the Tsavo East and Tsavo West National Parks. The Surui Forest Carbon Project protects 32,000 hectares of endangered forest in the Brazilian Amazon. Cambodia’s Oddar Meanchey REDD+ Project protects 64,000 hectares of endangered…
REDD+ Finance: What do we know about the private sector contribution?
Iain Henderson & Jacinto Coello, UNEP FI There is broad consensus that private finance and investment are needed for REDD+ to meet its climate change mitigation potential in the medium to long-term. Those who are familiar with REDD+ will have heard countless variations of an equation that currently does not balance. Annual REDD+ additional investment…
REDD+ finance: Lessons from the US
Jeff Metcalfe, Tropical Forest Group The Tropical Forest Group has been tracking the REDD+ finance flowing from the U.S. in its U.S. REDD+ Finance Database (USRFD). This contains more than 800 data points for REDD or sustainable forestry reported by United States agencies with data transcribed from public documents. Although it is not linked to the US government, the…
REDD+ finance: What you see isn’t always what you get
Alice Harrison, Transparency International A colleague recently likened his experience tracking climate and REDD+ money in Mexico to an archaeological dig. Little by little, fragments of your object begin to reveal themselves, but not without a significant amount of time, resources and tenacity. At Transparency International (TI) we have been monitoring climate finance flows in…
REDD+ finance: who’s counting?
Charlene Watson, ODI and Marigold Norman, Forest Trends Finance for Reducing Emissions from Deforestation and Degradation plus conservation (REDD+) activities has been flowing for at least five years now. But what can we really say about how much finance there has been, where it has come from, where it is going, and what it is being spent…
New update – June 2013
The Climate Funds Update data is now current as of June 2013. This brief note highlights new developments including pledges, approvals, and disbursements. New Climate Finance pledges March 2013 – May 2013: On 24th May 2013 Sweden’s government announced a new pledge to the Adaptation Fund of USD 15 million, making Sweden the biggest donor to the…
Increasing transparency in climate finance: what role for the UNFCCC NAMA Registry?
This piece was written by Charlene Watson of the Overseas Development Institute. Since 2007, parties to the UNFCCC have been discussing the design of a registry of Nationally Appropriate Mitigation Actions (NAMAs). This Registry would match developing country actions with possible sources of international financial support. Such a matching function may be difficult to realise, as funders…
Climate Finance: A few more fundamentals
As Qatar prepares to host COP 18, decisions on how to deliver and channel finance to help developing countries respond to climate change will again be on the agenda. Climate finance is mobilized in the context of UNFCCC principles that recognize countries common but differentiated responsibilities to act to address climate change. Despite fiscal pressures,…