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The Role of National Development Banks in Catalyzing International Climate Finance
National development banks (NDBs) are positioned as critical intermediaries to bridge the climate finance gap by leveraging public funds to attract private capital. Due to their local market knowledge and development mandates, NDBs can address both demand-side barriers (pre-investment) and supply-side risks (investment phase). In the LAC region, NDBs possess significant assets and capital, and many are already utilizing a variety of instruments—including Tier 1 and Tier 2 loans, guarantees, and equity—to promote low-carbon development. The report argues that NDBs can achieve leverage factors equal to or greater than multilateral development banks (MDBs) because of their proximity to local financial institutions and ability to manage country-specific risks.
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Document type: Report
Arrangements between the Conference of the Parties and the Green Climate Fund
The document outlines the process for establishing formal arrangements between the Conference of the Parties (COP) and the Green Climate Fund (GCF). Following a mandate from COP 17 and subsequent actions at COP 18, the GCF Board is asked to review and forward these arrangements to the UNFCCC to ensure the Fund remains accountable to the COP in supporting projects and policies in developing countries.
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Document type: Briefing
Assessment how food security-related elements of national climate change strategies can harness international climate finance in an effective manner
The report identifies synergies and trade-offs between climate change mitigation, adaptation, and food security in the agricultural sector. It evaluates existing international funding mechanisms—including carbon markets, multilateral funds, and Nationally Appropriate Mitigation Actions (NAMAs)—and proposes the creation of domestic 'gatekeeper institutions' to coordinate resources and overcome implementation fragmentation for smallholders.
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Document type: Report
Case Studies on Low Emission Development
The Vietnam Green Growth Strategy (VGGS), approved in September 2012, seeks to restructure the economy for resource efficiency and sustainable growth. It sets specific targets for reducing greenhouse gas emissions and energy consumption per unit of GDP by 2020, 2030, and 2050. Implementation is managed by an Inter-ministerial Coordinating Board and supported by a blend of public, private, and international financing, including the Green Climate Fund and potential carbon taxes.
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Document type: Case study
Climate Finance: Challenges and Responses
The document argues that while public and private funding for climate-resilient development is increasing, it remains insufficient to limit global temperature rise to below 2 degrees Celsius. It highlights the need for a more equitable international climate finance architecture, specifically calling for the inclusion of least developed countries and small island developing states in the design of the Green Climate Fund (GCF). The brief emphasizes that climate change should be treated as an economic concern managed by national ministries of finance and planning, and that public finance must be used strategically to unlock the private sector, which is expected to provide over 85% of the necessary funding.
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Document type: Policy brief
WARSAW CONFERENCE: “SMALL STEPS FORWARD WHILE AWAITING MAJOR DECISIONS AT THE 2015 PARIS CONFERENCE”
The Warsaw Conference (COP 19) achieved several technical milestones but failed to secure ambitious new mitigation commitments or a clear financial roadmap. Key outcomes included the creation of the Warsaw International Mechanism for loss and damage and the Warsaw Framework for REDD+, alongside a draft for a universal agreement to be finalized in Paris. However, the event was marked by reduced mitigation goals from Japan and the removal of carbon taxes in Australia, highlighting a persistent divide between developed and developing nations over the priority of funding versus emission cuts.
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Document type: Policy brief
How can the Green Climate Fund initiate a paradigm shift?
The document argues that for the Green Climate Fund to trigger a paradigm shift, it must move from project-by-project funding to programmatic approaches, ensure strong country ownership, and provide clear incentives for ambition. It defines a paradigm shift as a fundamental move away from practices incompatible with climate challenges, such as transitioning from centralized fossil fuel energy systems to decentralized renewable energies. The authors emphasize that country ownership is not contrary to ambition but is a prerequisite for sustainability, suggesting that funding conditions could be improved for countries demonstrating higher levels of ambition within their capabilities.
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Document type: Policy brief
The 2013 SAIIA Young Leaders Declaration
The 2013 SAIIA Young Leaders Declaration outlines youth-led priorities for the global development agenda following the Millennium Development Goals. It calls for the reduction of structural inequalities, the protection of refugees and displaced persons, and the implementation of sustainable environmental practices. Key recommendations include the creation of 'Green Jobs' in Africa, the adoption of renewable energy systems in South African housing, and the establishment of a global disaster relief network. The declaration emphasizes the need for youth participation in governance and the alignment of national policies with the Sustainable Development Goals and South Africa's National Development Plan for 2030.
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Document type: Statement
Draft Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change
The draft report outlines the initial administrative and operational steps taken by the Green Climate Fund (GCF) Board, including the election of Co-Chairs, the selection process for a host country, and the establishment of an Interim Secretariat. It details the role of the World Bank as Interim Trustee and provides a financial snapshot of the Fund's trust fund as of September 2012. The report also maps GCF's progress against specific guidance provided by the Conference of the Parties (COP) to the UNFCCC.
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Document type: Report
The Technology Mechanism under the UNFCCC: Ways Forward
The document argues that the Technology Mechanism, comprising the Technology Executive Committee (TEC) and the Climate Technology Centre and Network (CTC&N), must move beyond a linear view of technology transfer to a systemic approach. It recommends balancing 'push factors' from industrialised countries and 'pull factors' in developing countries to create enabling environments. Key proposals include promoting cooperative research, development and demonstration (RD&D) to bridge the 'valley of death' in financing and establishing a dedicated technology funding window within the Green Climate Fund (GCF).
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Document type: Policy brief
The Technology Mechanism under the UNFCCC: Ways Forward
The document analyzes the UNFCCC Technology Mechanism, consisting of the Technology Executive Committee (TEC) and the Climate Technology Centre and Network (CTC&N). It argues that for the mechanism to succeed, it must move beyond a linear view of technology transfer to a systemic innovation approach. Key recommendations include promoting cooperative research, development, and demonstration (RD&D) to bridge the 'valley of death' in financing, creating 'enabling environments' through both push and pull factors in developed and developing nations, and establishing a dedicated technology funding window within the Green Climate Fund (GCF).
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Document type: Policy brief
Direct access to the Adaptation Fund: Lessons from accrediting NIEs in Jamaica and Senegal
The document examines the process of securing direct access to the Adaptation Fund through National Implementing Entities (NIEs) in Jamaica and Senegal. It identifies common challenges regarding fiduciary standards and money management, while noting that early inclusion of civil society aids project implementation. The authors highlight that institutional capacity constraints can hinder access to finance even after accreditation and suggest that multilateral agencies should help develop accessible accreditation standards. Finally, it warns that qualifying as an NIE for the Adaptation Fund does not guarantee direct access to the larger Green Climate Fund, emphasizing the need for capacity building in vulnerable countries.
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Document type: Case study
Direct access to the Adaptation Fund: Lessons from accrediting NIEs in Jamaica and Senegal
The document analyzes the accreditation processes of the PIOJ in Jamaica and the CSE in Senegal as National Implementing Entities (NIEs) for the Adaptation Fund. It identifies key success factors, such as existing institutional capacity and stakeholder engagement, while highlighting challenges related to stringent fiduciary standards and the difficulty of accessing funds after accreditation. The brief warns that the direct access model may exclude the most vulnerable nations with limited institutional capacity, a risk that could be magnified by the larger scale of the Green Climate Fund.
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Document type: Policy brief
From ‘Crowding Out to Crowding In’: Towards an Institutional Analysis of Adaptation Funds
The paper examines the fragmented landscape of climate change adaptation finance, analyzing the roles of the UNFCCC, the Adaptation Fund, the Global Environment Facility (GEF), and Overseas Development Assistance (ODA). It argues that the current system is a 'non-system' characterized by inefficiencies, double counting of funds, and a lack of standardized metrics for success. The author explores the potential for regional banks, such as the African Development Bank, to provide more effective, decentralized management of funds. The document concludes by offering lessons for the Green Climate Fund (GCF), emphasizing the need for direct access modalities, clear ring-fencing of assets, and a transparent trustee selection process to avoid conflicts of interest, particularly regarding the World Bank.
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Document type: Research paper
Addressing Financing for Agriculture: Ensuring a triple dividend for smallholders
The report examines the financing gap for smallholder farmers in developing countries, who are critical for global food security but highly vulnerable to climate change. It argues that achieving a 'triple dividend'—increased food production, improved adaptive capacity, and reduced emissions—requires a coordinated mix of public, private, and climate-specific financing. The document analyzes the limitations of current mechanisms, such as the decline in official development assistance for agriculture and the high transaction costs of carbon markets, and recommends creating national funds and enabling policy environments to support climate-smart agricultural transitions.
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Document type: Report
Un enfoque sobre las finanzas climáticas basado en los derechos humanos
The policy paper advocates for a human rights-based approach to climate finance, emphasizing that mitigation and adaptation measures must not violate human rights. It evaluates existing mechanisms—the Global Environment Facility (GEF), REDD+, and the Clean Development Mechanism (CDM)—finding that while some integrate social safeguards, others lack transparency and accountability. The authors propose a comprehensive institutional safeguard system for the Green Climate Fund (GCF), including mandatory social and environmental policies, independent monitoring, and a robust grievance mechanism based on international standards.
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Document type: Policy brief
Shaping the Durban Platform: Latin America and the Caribbean in a future High Ambition Deal
The document analyzes the results of the COP17 Durban Platform, highlighting the role of Latin American and Caribbean (LAC) countries in bridging gaps between developed and developing nations. It argues that LAC countries should leverage their 'creative diversity' and track record of voluntary emission reductions to lead a high-ambition coalition with Africa and Asia. Key recommendations include strengthening a political narrative that decouples development from emissions growth, improving communication of domestic low-carbon successes, and scaling up adaptation and resilience planning to protect vulnerable infrastructure and food security.
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Document type: Policy brief
Raising Climate Finance from International Transport Sectors
The report argues that a universally applied market-based instrument (MBI), specifically a cap-and-trade scheme, is the most effective and politically feasible way to address emissions from international transport. To comply with the principle of common but differentiated responsibilities (CBDR), the report proposes a governance structure where revenues or allowances are selectively disbursed to ensure no net incidence on developing countries. The remaining value would be transferred to the Green Climate Fund and used for fuel-efficiency improvements. The author concludes that an emissions trading system (ETS) is superior to levy-based systems because it avoids being classified as an international tax and does not require the direct funding of an international organisation or the hypothecation of national fiscal revenues.
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Document type: Research paper
Sources of finance in the international climate change regime
The briefing examines the funding gap for climate change in the global South, specifically Africa, where adaptation costs are projected to reach $30 to $60 billion annually by 2030. It evaluates several funding mechanisms—including direct budgetary contributions, shipping and aviation levies, financial transaction taxes, Special Drawing Rights (SDRs), the redirection of fossil fuel subsidies, and carbon taxes—against criteria for fairness, such as adequacy, predictability, and transparency. The document argues that public funding must be prioritized over private finance and carbon markets, which it claims are often biased toward profitable mitigation projects in middle-income countries and fail to provide meaningful support to the poorest African regions.
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Document type: Briefing
A Human Rights-Based Approach to Climate Finance
The document advocates for a human rights-based approach to climate finance, emphasizing the need for institutional safeguard systems to prevent social and environmental harm. It identifies key components of such systems, including safeguard policies, monitoring, grievance mechanisms, and meaningful participation, noting that while some existing mechanisms like the Global Environment Facility and UN-REDD Programme incorporate some considerations, they do not fully apply a rights-based approach.
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Document type: Report