Search Climate Insights Directory

This research paper examines the influence of political and technical factors on climate finance coordination in Kenya and Zambia, arguing that power dynamics and vested interests hinder coordination efforts.

This RMI insight brief argues that the global climate finance system must evolve from a focus on 'direct access' to multilateral funds toward establishing national institutions, specifically Green Investment Banks (GIBs), to ensure true country ownership. The authors posit that for large emerging markets, national GIBs can better mobilize domestic private capital and coordinate financial flows to achieve nationally determined commitments (NDCs) than current international structures.

This policy brief examines how the Green Climate Fund (GCF) can achieve its objective of initiating a 'paradigm shift' towards low-emissions and climate-resilient development. It argues that such a shift requires moving from isolated projects to programmatic approaches, ensuring strong country ownership, and providing clear incentives for ambition in proposal design.

The Sierra Club and Center for International Environmental Law submitted views to the Transitional Committee of the Green Climate Fund (GCF), arguing that country ownership and adherence to international environmental, social, and fiduciary standards are compatible. They propose a five-point policy framework for the GCF to ensure sustainable development, transparency, and the protection of vulnerable populations.