A new initiative launched in Paris this week demonstrates the growing recognition that action by financial institutions – both public and private – is necessary to begin shifting trillions of dollars toward low-carbon development.
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¿Cómo pueden los países en desarrollo acceder a fondos internacionales para combatir y adaptarse al cambio climático? Ésta es una de las más importantes interrogantes que se plantea en las negociaciones sobre el cambio climático en la COP21 y tal vez, un elemento crucial para concretar un acuerdo internacional.
Muchos de los...
The table is set for an ambitious and equitable agreement. All the ingredients are there for success. Will ministers grab this once-in-a-lifetime opportunity?
A new report shows how civil society groups can track the flow of adaptation funds and ensure money is used productively.
Promoting Social Accountability in Adaptation Finance
Civil society has the power to make adaptation finance more transparent and accountable. The Adaptation Finance Accountability Initiative (AFAI) has developed a proven set of methods that civil society organizations can use to track the flow of adaptation funds and push their governments to...
The Adaptation Fund and Green Climate Fund are unique in that they provide climate finance directly to national institutions in developing nations. Here’s how countries can meet the Funds’ requirements to help finance mitigation and adaptation activities.
Climate finance is essential for enabling developing countries to both reduce their greenhouse gas emissions and build resilience to the impacts of a warming world. Watch for six signs over the next two weeks to see how COP 21 makes progress in this area.
As of this Monday, 174 countries had submitted their national climate plans to the UN, in preparation for the Paris climate summit that begins next week. These “Intended Nationally Determined Contributions” (INDCs) show countries are stepping up to take collective action to address climate change. Governments have set out a variety of different approaches, including specifying absolute emissions-reduction targets, setting economy-wide emissions intensity goals, outlining efforts to adapt to the impacts of climate change, and detailing specific actions they plan to take in a range of...
Developing countries need large amounts of finance to support ambitious climate actions. This paper highlights lessons for developing country institutions seeking access to funding from the multilateral climate funds.
Last week, the Green Climate Fund (GCF) Board met for its last meeting before the upcoming climate talks in Paris. Countries created the GCF to be the main global fund for climate finance, and as such, it could play a vital role in delivering the goals of an agreement in Paris. If the GCF is to be a key player in the future climate regime, it needs to show that it can effectively spend money. Is it up to the task?