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The Green Climate Fund (2019)

This is the 2019 update of Climate Finance Fundamentals Brief #11. The Green Climate Fund (GCF) became fully operational in 2015. While the GCF is an operating entity of the Financial Mechanism of the UNFCCC and under the Paris Agreement, it remains a legally independent institution hosted by South Korea. It has its own Secretariat…

Gender and Climate Finance (2019)

This 2019 update of Climate Finance Fundamentals Brief #10 outlines some key principles and actions for making climate financing instruments more responsive to the needs of men and women as equal participants in decision-making and as beneficiaries of climate actions and supportive of gender equality more broadly. Women form the majority of the world’s 2.1…

The Principles and Criteria of Public Climate Finance – A Normative Framework (2019)

This 2019 update of Climate Finance Fundamentals Brief #1 looks at relevant principles and criteria applicable to the mobilisation, the administration and governance, and the disbursement and implementation of climate change funding. Taken together, they offer a guiding framework for climate finance. Such a framework is strengthened by adding a human rights perspective. While human…

The Global Climate Finance Architecture (2018)

Climate finance remains central to achieving low-carbon, climate resilient development. The global climate finance architecture is complex and always evolving. Funds flow through multilateral channels – both within and outside of the UNFCCC and Paris Agreement financial mechanisms – and increasingly through bilateral, as well as through regional and national climate change channels and funds.…

Climate Finance Thematic Briefing: Adaptation Finance (2018)

The costs of adaptation to climate change in developing countries are substantial. Developed countries have committed to scale up support for adaptation in developing countries, particularly in LDCs and SIDS. They promised to double adaptation finance between 2014 and 2020 under a roadmap presented for COP 22. The largest source of approved funding for adaptation…

Climate Finance Thematic Briefing: Mitigation Finance (2018)

Progress in making ambitious emission reductions has been slow to-date. Climate finance can play a crucial role in assisting developing countries in making the transition to more environmentally sustainable systems of energy production and use, while also addressing developmental priorities of energy security and energy poverty. Currently, the largest sources of international public finance for…

Climate Finance Thematic Briefing: REDD+ Finance (2018)

Since 2008, over USD 4 billion has been pledged to multilateral climate funds that support efforts to reduce emissions from deforestation and degradation plus conservation (REDD+). Despite strong interest in the potential to harness market based mechanisms to support REDD+ programmes, the future of such mechanisms remains highly uncertain. The last few years have seen…

Climate Finance Regional Briefing: Latin America (2018)

Latin America is a highly heterogeneous region, with differences in levels of economic development and social and indigenous history, both among and within countries. The impacts of climate change, in particular glacial melt and changes in river flows, extreme weather events and risks to food production systems affect development in both rural and urban areas…

Climate Finance Regional Briefing: Sub-Saharan Africa (2018)

Sub-Saharan Africa is the region least responsible for global climate change and most vulnerable to its impacts. A multitude of actors are involved in directing climate finance to the region, both to support low-carbon development and to help countries adapt to the severe impacts that are already being felt. This year the Green Climate Fund…

Climate Finance Regional Briefing: Asia (2018)

CFU data shows that for 18 countries in Asia a total of USD 4.5 billion for 453 projects and programmes have been approved by 18 multilateral climate funds and initiatives. The diversity of active funds in the region is not matched in the distribution of finance. Considerable amounts of finance have flowed to fast-growing economies…

Climate Finance Regional Briefing: Middle East and North Africa (2018)

Climate finance from the multilateral climate funds in the MENA region is largely concentrated in a small number of large projects in the form of loans or concessional loans, funded by the Clean Technology Fund (CTF). The total amount of finance approved is USD 1.4 billion for 103 projects. This money largely goes towards mitigation…

Climate Finance Briefing: Small Island Developing States (2018)

The Small Island Developing States (SIDS) together bear next to no responsibility for climate change, but their geographical, socioeconomic and climate profiles make them particularly vulnerable to its impacts. Spread across three regions, the 39 SIDS nations have received USD 1,689 million from multilateral climate funds between 2003 and 2018. This amount finances 255 projects…

The Green Climate Fund (2018)

The Green Climate Fund (GCF) became fully operational in 2015. While the GCF is an operating entity of the Financial Mechanism of the UNFCCC and under the Paris Agreement, it remains a legally independent institution hosted by South Korea. It has its own secretariat and the World Bank as its trustee. The 24 GCF Board…

Gender and Climate Finance (2018)

This 2018 update of Climate Finance Fundamentals Brief #10 outlines some key principles and actions for making climate financing instruments more responsive to the needs of men and women as equal participants in decision-making and as beneficiaries of climate actions and supportive of gender equality more broadly. Women form the majority of the world’s 2.1…

The Principles and Criteria of Public Climate Finance – A Normative Framework

This 2018 update of Climate Finance Fundamentals Brief #1 looks at relevant principles and criteria applicable to the mobilisation, the administration and governance, and the disbursement and implementation of climate change funding. Taken together, they offer a guiding framework for climate finance. Such a framework is strengthened by adding a human rights perspective. While human…

The Green Climate Fund (2017)

While efforts to mitigate climate change are crucial, it is also essential to assist developing countries to adapt to the impacts of climate change already being experienced due to past and current GHG emissions. Finance is necessary to fund activities that respond to impacts

The Global Climate Finance Architecture

Climate finance remains central to achieving low-carbon, climate resilient development. The global climate finance architecture is complex and always evolving. Funds flow through multilateral channels – both within and outside of the UNFCCC Financial Mechanism – and increasingly through bilateral

The Principles and Criteria of Public Climate Finance

This Brief looks at relevant principles and criteria applicable to the mobilisation, the administration and governance, and the disbursement and implementation of climate change funding. Taken together, they offer a guiding framework for climate finance