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Future of the Funds: Exploring the Architecture of Multilateral Climate Finance
This report by the World Resources Institute examines seven multilateral climate funds, arguing that the proliferation of these funds has created inefficiencies and overlapping roles. It proposes a two-phased reform strategy: short-term operational changes to improve coordination and specialization, and long-term architectural changes that may include the consolidation or closure of certain funds to better catalyze the trillions of dollars in investment needed for a low-emissions, climate-resilient world.
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Document type: Report
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