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NAPAs and NAPs in Least Developed Countries
The document outlines the transition from short-term National Adaptation Programmes of Action (NAPAs) to medium- and long-term National Adaptation Plans (NAPs) for Least Developed Countries (LDCs). It emphasizes the need for iterative planning, the use of 'no-regret' strategies to manage data uncertainty, and the integration of climate adaptation into national development strategies. The briefing highlights significant funding gaps, noting that LDCF resources fall short of demand and that LDCs require approximately US$ 5 billion to implement NAPAs alone. It also discusses the role of the Green Climate Fund (GCF) and the importance of establishing robust monitoring and evaluation (M&E) frameworks to track adaptation effectiveness and climate finance.
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Document type: Briefing
Issue Brief: Federal Funding for U.S. Transit and Roadway Infrastructure
The U.S. Highway Trust Fund (HTF), which relies on federal fuel taxes that have not been adjusted since 1993, is facing insolvency due to rising costs and declining fuel consumption. The document argues that current funding is insufficient, contributing to a 'D' grade for national infrastructure and an annual funding gap of $112 billion. It evaluates several solutions, including indexing fuel taxes to inflation or construction costs, increasing the per-gallon tax rate, and transitioning to a vehicle miles traveled (VMT) fee to better align costs with infrastructure wear, particularly from heavy trucks.
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Document type: Briefing
Federal Funding for U.S. Transit and Roadway Infrastructure
The U.S. Highway Trust Fund (HTF), which relies on fuel taxes unchanged since 1993, faces insolvency due to rising costs and declining fuel consumption. The document argues that current funding is insufficient to maintain a state of good repair, citing a $112B annual funding gap. It evaluates several solutions, including indexing fuel taxes to inflation, increasing the per-gallon tax rate, implementing vehicle miles traveled (VMT) fees, or shifting to a fuel sales tax, while highlighting the interdependence of highway and transit systems for economic efficiency.
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Document type: Policy brief
CLIMATE FINANCE
The report examines the challenges and mechanisms for attracting private capital to climate finance, noting that private funding is nearly three times larger than public funding but remains difficult to channel toward adaptation in developing countries. It identifies political, project-related, and financing barriers—particularly in Africa—and suggests a combination of policy reforms and financial instruments like loan guarantees and pledge funds to mitigate risk. The Green Climate Fund (GCF) is highlighted as a central vehicle for achieving the $100 billion annual target by 2020, though it must address the funding gap between mitigation and adaptation.
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Document type: Report
Financial Provisions for Rehabilitation and Closure in South African Mining
The document assesses the adequacy of financial provisions for mine closure in South Africa, identifying systemic failures in estimation, securing funds, and financial reporting. It highlights that many Environmental Management Plans (EMPs) are inadequate, master rates for costs are not inflation-adjusted, and concurrent rehabilitation is underperformed. The report recommends updating the Department of Mineral Resources (DMR) guidelines, enhancing the SAMREC code, and improving public access to financial provision data. It also analyzes the risks associated with different financial instruments—such as trust funds, bank guarantees, and insurance—and the legal uncertainties regarding the ring-fencing of these funds during company insolvency or business rescue.
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Document type: Report
European Electricity Infrastructure: Planning, Regulation, and Financing
The document outlines the financial and regulatory challenges of expanding the European electricity grid to accommodate renewable energy. It assesses five financing options for transmission system operators (TSOs) and third parties, evaluates the EU Infrastructure Package's role in aligning national and regional planning, and discusses mechanisms for international cost-allocation and EU financial support.
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Document type: Report
Direct Indirect Fossil Fuel Subsidies: A Closer Look at Tax Breaks, Special Accounting, and Societal Costs
The document analyzes indirect fossil fuel subsidies in the U.S., which include tax breaks, abnormal accounting, royalty relief, and unpriced societal costs. It argues that many of these subsidies, often established decades ago, persist despite the maturity of the fossil fuel industry and the emergence of cleaner energy alternatives. The report highlights significant financial losses to the federal government, such as billions in foregone royalties and tax expenditures, and notes that the external costs of fossil fuel usage—including health and environmental damages—far exceed the revenue collected to mitigate them.
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Document type: Fact sheet
Measuring Irrigation Subsidies in Andhra Pradesh and Southern India: An application of the GSI Method for quantifying subsidies
A study of irrigation subsidies in Tamil Nadu, Andhra Pradesh, Karnataka, and Kerala estimated annual subsidies at US$575 million between 2004 and 2008, primarily covering interest on capital and operation and maintenance costs. The report notes that actual subsidies are likely higher due to the exclusion of smaller schemes and private groundwater electricity subsidies, and warns that poor data recording and cost overruns in incomplete projects hinder effective policy assessment.
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Document type: Report
Regional implications of the AGF recommendations: Africa
The document outlines Africa's high vulnerability to climate change and its significant investment gaps in adaptation and mitigation. It evaluates the AGF's proposal to mobilise US$100 billion annually by 2020, highlighting potential public funding sources like carbon taxes and fossil fuel subsidy redirection, while stressing the need for grants for adaptation and regulatory reforms to attract private investment in carbon markets.
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Document type: Briefing
Regional implications of the AGF recommendations: Latin America and Caribbean region
The document outlines the climate finance requirements for the Latin America and Caribbean (LAC) region, estimating annual mitigation needs between US$40–80 billion and adaptation needs between US$18–21 billion by 2030. It highlights the region's unique emissions profile, where land-use change is the primary driver of greenhouse gases, particularly in South America. The briefing argues that the AGF's recommendations for public-private partnerships and carbon-based revenue sources offer significant opportunities, provided that the region secures an equitable share of adaptation grants and establishes a robust framework for reducing emissions from deforestation (REDD+).
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Document type: Briefing
Regional implications of the AGF recommendations: Small Island Developing States
The document outlines how the AGF's proposed funding mechanisms affect Small Island Developing States (SIDS), emphasizing the need for grants for adaptation and the potential for private investment in renewables. It notes that while international transport levies could raise funds, they may negatively impact SIDS' trade and tourism, necessitating compensation.
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Document type: Executive summary
Regional implications of the AGF recommendations: Small Island Developing States
The document examines how the AGF's goal of mobilising US$100 billion annually can support SIDS, noting that while public grants are essential for adaptation, private capital can be leveraged for mitigation. It highlights risks such as the impact of international transport levies on trade and tourism, and the potential for non-LDC SIDS to be underserved by existing aid patterns.
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Document type: Briefing
Billions of Dollars in Subsidies for the Nuclear Power Industry Will Shift Financial Risks to Taxpayers
The Union of Concerned Scientists argues that the nuclear power industry is seeking tens of billions of dollars in new federal subsidies through the American Power Act (APA) and the American Clean Energy Leadership Act (ACELA). The report estimates that if eight new reactors are built, subsidies could exceed $40 billion, and if all 31 reactors pending with the Nuclear Regulatory Commission are built, total subsidies could range from $65 billion to $147 billion. The document contends that these incentives—including expanded loan guarantees, accelerated depreciation, and investment tax credits—mask the high costs of nuclear power and disadvantage more cost-effective alternatives like energy efficiency and renewable energy. It further asserts that the industry already benefits from significant subsidies under the Energy Policy Act of 2005, citing a case study of the Calvert Cliffs reactor where public subsidies are estimated to approach or exceed private investment.
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Document type: Fact sheet
Report by the Financial and Administrative Committee (FAC)
The Financial and Administrative Committee (FAC) assessed the Inter-American Institute for Global Change Research (IAI) as being in a precarious financial state, facing potential budget shortfalls. The FAC found the proposed budget austere and concluded that a 10% increase in the Core Budget is necessary to sustain operations for three to four years and maintain reserves of approximately $400,000 for potential termination of operations. Without this increase, the FAC suggests planning for an orderly shutdown of activities by 2012, as no further expense reductions are viable without impacting essential functions.
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Document type: Report
IAI Directorate Report
The IAI Directorate Report details a period of significant scientific productivity contrasted with a severe core funding crisis caused by member country non-payments. While the institute successfully advanced research on ecosystem boundaries, urban emissions, and Andean biodiversity, it faced operational disruptions, including temporary salary halts and the cancellation of travel for international climate negotiations. The report emphasizes the transition of the IAI from a funding agency to an active participant in science-policy dialogue and highlights the need for sustainable financial commitments from member states.
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Document type: Report
Informe de la Dirección Ejecutiva del IAI
The IAI report for 2009-2010 highlights a transition toward active science communication and synthesis, despite severe financial crises caused by member state payment arrears. Scientific achievements include regional climate modeling for South American megacities, analysis of carbon loss in the La Plata Basin, and studies on Andean biodiversity and tropical cyclones. The institute also focused on capacity building through training institutes in Costa Rica, Argentina, and Chile, while managing critical infrastructure needs and diplomatic relations with host country Brazil.
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Document type: Report
Private Sector Finance and Climate Change Adaptation
The document argues that while private sector finance has historically focused on mitigation, there is an emerging market for adaptation finance through instruments like 'Green Bonds' and debt. It highlights that private finance is often concentrated in large emerging economies, necessitating a complementary role for public finance to support the poorest nations. The brief recommends raising awareness among institutional investors and creating a visible pipeline of adaptation projects to attract private capital.
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Document type: Policy brief
Financing for Developing Countries
The report identifies a significant gap between current public funding for climate change and the estimated annual needs of developing countries, which range from US$100 billion to US$200 billion for mitigation and tens of billions for adaptation. It details several proposed funding sources, including Mexico's 'green fund', a global carbon levy proposed by Switzerland, and Norway's proposal to auction assigned amount units (AAUs). The document also analyzes the tension between developed and developing nations regarding the governance of these funds, with developing countries favoring a new institutional framework under the UNFCCC to ensure direct access and equity, while developed countries prefer utilizing existing institutions like the World Bank and Global Environment Facility (GEF).
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Document type: Report
Financing Mitigation and Adaptation in Developing Countries: New options and mechanisms
The document assesses the financial requirements for climate mitigation and adaptation in developing countries, noting that current public funding is insufficient. It details specific investment needs for 2030, analyzes existing funds like the GEF and Adaptation Fund, and examines various proposals for new revenue streams, including GDP-based levies, carbon market expansions, and international transport levies. The paper emphasizes the need for a structured approach to technology innovation and a predictable, grant-based system for adaptation.
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Document type: Research paper
Adaptation Finance under a Copenhagen Agreed Outcome
The report examines the challenges of financing climate change adaptation in developing countries, focusing on the gap between estimated needs and available resources. It argues that an agreement on adaptation finance is essential for the success of broader climate negotiations. The authors advocate for a consolidated, country-driven governance model that devolves decision-making to the national level and suggests a multiplicity of funding sources, including nationally assessed contributions and international levies, to ensure predictable and additional financial flows.
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Document type: Report