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Improving the Effectiveness of Climate Finance
This report surveys the diverse methodologies used to calculate and report 'leverage ratios' in climate finance, highlighting the lack of a universal definition. It examines how various institutions—including the World Bank, the Global Environmental Facility (GEF), and the Clean Technology Fund (CTF)—measure the ability of public funds to catalyze private and other public investments, and proposes a more rigorous framework for assessing financial effectiveness.
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Document type: Report
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