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UDB Currency Risk-Sharing Facility Instrument Design Report
The Uganda Development Bank (UDB) has designed a Currency Risk-Sharing Facility (CRSF) to scale up local-currency climate lending through its Climate Finance Facility (CFF). Developed via the FiCS Innovation Lab with technical support from the Climate Policy Initiative, the University of Leeds, and City St. George’s University of London, the CRSF aims to reduce foreign exchange (FX) exposure for UDB when borrowing in hard currencies (USD/EUR) and on-lending in Ugandan shillings (UGX). The instrument employs a layered risk-sharing approach, combining partial hedging with a tail-risk FX guarantee to protect against severe UGX depreciation while remaining more affordable than full hedging.
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Document type: Report
Uncertain Climate Impact and Several Open Questions
This report provides a legal assessment of the June 24, 2022, agreement in principle to reform the Energy Charter Treaty (ECT), concluding that the proposed modernization is insufficient to support global climate action goals or the energy transition.
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Document type: Report
Opportunities for Sustainable Public Procurement in Mozambique
This report provides a preliminary assessment of Mozambique's 'Regulation on Contracting of Public Works, Goods and Services' (Decree No. 15 of 24 May 2010) to identify opportunities for integrating sustainable public procurement (SPP). The author concludes that while the current legal framework does not expressly incorporate sustainability, there are several entry points—such as technical specifications, evaluation criteria, and the role of the Competent Authority—that could be used to promote green growth and sustainable development.
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Document type: Report
CASE STUDIES ON DOMESTIC IMPLEMENTATION OF THE ICC STATUTE IN SELECTED AFRICAN COUNTRIES
This report by the Institute for Security Studies (ISS) examines the domestic implementation of the Rome Statute in five African countries: Botswana, Ghana, Kenya, Tanzania, and Uganda. It finds that while these states ratified the statute, none had enacted implementing legislation by early 2008, leaving them unable to fully respond to International Criminal Court (ICC) requests for arrest and surrender or to prosecute international crimes domestically. The report identifies systemic barriers, including a lack of political priority, capacity shortfalls in legal drafting, and concerns over official immunities.
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Document type: Report
The Legal Foundations for Fossil Fuel Phaseout: An Open Letter to the Co-Hosts and Participants of the First Conference on Transitioning Away from Fossil Fuels
An open letter from 252 legal experts to the participants of the First Conference on Transitioning Away from Fossil Fuels, asserting that states have binding international legal obligations to phase out fossil fuels to prevent significant climate harm.
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Document type: Statement