Promoting effective climate finance

November 2011 to November 2015

This is a critical time in the evolution of both international and national responses to climate change, with much policy attention focused on defining the parameters of climate finance and its effective delivery.

As yet, both the international community and developing country governments do not have good ways of measuring public and private climate finance flows, or of promoting effective practice in the delivery of financial support for climate change-related actions. This project will address both of these constraints by working on two complementary outcome areas:

Outcome 1: More effective management and use of climate finance by developing countries

Essential to the delivery of climate finance is consideration of the developmental impact of this new type of finance. This project will work on national delivery within the East African region to help place national policy positions on climate and development finance on a sound empirical basis.

Country-level engagement has begun with the implementation of a set of country case studies in Uganda, Tanzania and Ethiopia

Outcome 2: More effective transnational finance for climate action in developing countries

The project will also seek to understand and assess the effectiveness of the different approaches being taken by developed countries to deliver public climate finance flows. It will analyse bilateral contributions to international climate finance and examine the important efforts which countries are making under circumstances of fiscal austerity.

The project will identify and recommending good practice which strengthens reporting frameworks, highlight trends across countries, and foster more informed discussion and debate on how best to deliver scarce public climate finance resources.

Outputs

The AIIB and investment in action on climate change

Working And Discussion Papers | April 2016 | Darius Nassiry and Smita Nakhooda
The Asian Infrastructure Investment Bank has a unique opportunity to take a bold approach to the expansion of renewable energy and sustainable infrastructure in Asia.
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Financing climate technology transfer

Briefing Papers | November 2015 | Sam Barnard and Smita Nakhooda
We discuss the opportunities to encourage and finance technology transfer in developing countries, informed by the experience of the Global Environment Facility (GEF).
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Does adaptation finance invest in disaster risk reduction?

Working And Discussion Papers | August 2015 | Alice Caravani
Adaptation finance is playing an important role in supporting disaster risk reduction (DRR). Programmes supported by the Green Climate Fund have potential to support DRR activities as part of efforts to shift towards low-emission and climate-resilient development.
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Climate change finance in Ghana

Research Reports And Studies | June 2015 | Felix Ankomah Asante, Simon Bawakyillenuo, Neil Bird, Nella Canales Trujillo, Cynthia Addoquaye Tagoe and Nicholas Ashiabi
ODI is building an evidence base on climate change finance delivery and management through a number of country case studies. This report presents the findings of the country study in Ghana.
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Mapping current incentives and investment in Viet Nam's water and sanitation sector: lessons for private climate finance

Research Reports And Studies | May 2015 | Nella Canales Trujillo, Vu Xuan Nguyet Hong and Shelagh Whitley
Understanding better how private sector can make climate friendly invesments in water & sanitation. A diagnostic tool, climate blind at the beginning. Use diagnostic to make recommendations linked to climate change because there is no proper definition of climate...
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Making progress on climate finance

Workshop | 5 - 6 February 2015

ODI and WRI convened a two day workshop March 5th and 6th to reflect on upcoming opportunities in 2015 to mobilising climate finance and to secure a strong Paris Agreement. With such an important year and set of processes ahead, leading think tanks, research...

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Did Ban Ki-moon's summit deliver on climate finance?

Articles And Blogs | 26 September 2014 | Smita Nakhooda
'Bold action on climate change: that’s what we all wanted to see at Tuesday’s Climate Summit convened by Ban Ki-moon. And a big part of this is about money – without new finance commitments, we are not going to secure an ambitious global agreement on climate...
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Fair share: climate finance to vulnerable countries

Briefing Papers | September 2014 | Neil Bird
While significant sums of international finance have been raised to combat climate change, this report raises concerns over how much is getting through to the poorest countries and to what extent scarce domestic resources are being used by countries such as Ethiopia,...
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Governments must enable bold action on climate finance

Articles And Blogs | 16 September 2014 | Sandra Leticia Guzmán Luna, Smita Nakhooda
It’s crunch time in the long-running efforts to secure a global deal on climate change. With just over a year remaining until world leaders meet in Paris to agree a global response to climate change, there is considerable work to be done. Lima Climate Finance Week...
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Climate finance in Ethiopia

Research Reports And Studies | June 2014 | Zewdu Eshetu, Belay Simane, Gebeyehu Tebeje, Workneh Negatu, Aklilu Amsalu, Abeje Berhanu, Neil Bird, Bryn Welham and Nella Canales Trujillo
This report presents the findings of a study that has explored climate finance delivery in Ethiopia. For the first time, estimates of the level of climate change relevant expenditures that appear in the national budget are presented, and their policy and institutional...
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A way forward on climate finance?

Articles And Blogs | March 2014 | Smita Nakhooda
Smita Nakhooda outlines a roadmap forward for climate finance, arguing for sustained political commitment to raising new finance, a better targeting of finance towards emissions and vulnerability, and learning and improving from recent experiences.
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A way forward on climate finance?

Articles And Blogs | 30 March 2014 | Smita Nakhooda
Smita Nakhooda outlines a roadmap forward for climate finance, arguing for sustained political commitment to raising new finance, a better targeting of finance towards emissions and vulnerability, and learning and improving from recent experiences.
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Climate finance in Tanzania: what is recorded in the national budget?

Research Reports And Studies | March 2014 | Pius Yanda and Neil Bird
​This paper synthesises findings from the September 2013 report ‘Tanzania National Climate Change Finance Analysis’ prepared by ODI and the Centre for Climate Change Studies at the University of Dar es Salaam, and suggests actions that could improve the effective...
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Climate finance: charting the road to Paris

Public Event | 14 November 2013 22:15 - 23:15 GMT+02
​What role could the delivery of effective climate finance play in securing an ambitious deal to avoid catastrophic climate change? This side event at the COP 19 will reflect on progress in deploying climate finance, and options for scaling up and using finance to...
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Following the money: the transparency of climate finance

Dinner Discussion | 13 November 2013 20:00 - 23:00 GMT+01 (BST)
​The Overseas Development Institute and World Resources Institute hosted a dinner discussion on the sidelines of COP19 in Warsaw to discuss with developed and developing country experts  options for strengthening the transparency of climate finance.
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Mobilising international climate finance: lessons from the fast-start finance period

Research Reports And Studies | November 2013 | Smita Nakhooda, Taryn Fransen, Takeshi Kuramochi, Alice Caravani, Annalisa Prizzon, Noriko Shimizu, Helen Tilley, Aidy Halimanjaya, Bryn Welham
This report reviews donor country commitments during the 2010-12 'Fast-Start Finance' period. While donors appear to have surpassed their initial commitments, concrete comparisons are restricted by definitional and operational biases.
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3 lessons for long-term climate finance

Articles And Blogs | 11 November 2013 | Taryn Fransen, Smita Nakhooda and Takeshi Kuramochi
'Developed countries pledged to deliver US$ 100 billion per year by 2020 to help developing nations mitigate and adapt to the impacts of climate change. Mobilizing this finance —and securing more climate finance in the future—are two topics high on the COP 19...
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Is climate finance supporting the most vulnerable? Not yet

Articles And Blogs | 15 October 2013 | Neil Bird
​'We are fast approaching the annual COP season of the United Nations Framework Convention on Climate Change, hosted this year in the Polish capital Warsaw. One theme certain to be high on the agenda is climate finance. This remains a contentious part of the...
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Tanzania national climate change finance analysis

Research Reports And Studies | September 2013 | Pius Yanda, Deograsias Mushi, Abdallah Issa Henku, Faustin Maganga, Honesty Minde, Nico Malik, Adolphine Kateka, Neil Bird and Helen Tilley
This report presents the findings of a study that has explored climate finance delivery in Tanzania. For the first time, estimates of the level of climate change relevant expenditures that appear in the national budget are presented and their policy and institutional...
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Uganda national climate change finance analysis

Research Reports And Studies | September 2013 | Godber Tumushabe, Tony Muhumuza, Edward Natamba, Neil Bird, Bryn Welham and Lindsey Jones
This report presents the findings of a study that has explored climate finance delivery in Uganda. For the first time, estimates of the level of climate change relevant expenditures that appear in the national budget are presented, and their policy and institutional...
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Mobilising finance and investments for climate action now

Conference | 28 June 2013

This is the first Forum of the Standing Committee on Finance. This conference will be focused on the theme of mobilising finance and investments for climate action now. Smita Nakhooda is contributing to a session on financing and investment drivers for...

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Behind the climate finance headlines

Articles And Blogs | 10 June 2013 | Smita Nakhooda
'The Fast-Start-Finance experience reinforces the importance of scaling up finance in order to meet the ever more urgent challenges of climate change. This will require political commitment and leadership at the national level, and enhanced global cooperation....
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The Norwegian Fast-Start Finance contribution

Research Reports And Studies | May 2013 | Thorvald Moe, Steffen Kallbekken, Smita Nakhooda, Taryn Fransen and Alice Caravani
This study considers the scope and distribution of Norway’s climate-change finance in a global context.
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At cross-purposes: subsidies and climate compatible investment

Research Reports And Studies | April 2013 | Shelagh Whitley
The fifth paper in ODI's series on defining and developing understanding of climate finance in the national or domestic context. This paper has a focus on private climate finance and in particular fossil fuel subsidies.
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The German Fast-Start Finance contribution

Research Reports And Studies | March 2013 | Sven Harmeling, with support from Anja Esch Linde Griesshaber, David Eckstein, Lisa Junghans, Smita Nakhooda and Taryn Fransen
One in a series of Open Climate Network (OCN) papers, this assessment looks at the Fast-Start Finance contributions from Germany.
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The effectiveness of international climate finance

Research Reports And Studies | March 2013 | Smita Nakhooda
Accompanying a series of reviews of multilateral funds, this paper considers the context of delivering climate finance and presents a guiding framework to assess the effectiveness of international clinate funds.
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Show us the money: the Doha Gateway and climate finance

Articles And Blogs | 11 December 2012 | Smita Nakhooda
'Developing countries for their part are making some promising efforts to incorporate climate change into development... international climate finance has a crucial role to play in creating the political and economic conditions for sustained action.'
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Fast-Start Finance: where do we stand at the end of 2012?

Articles And Blogs | 5 December 2012 | Taryn Fransen (World Resource Institute) Smita Nakhooda (Overseas Development Institute) with inputs from Noriko Shimizu (IGES) and Sven Harmeling (Germanwatch)
'Developed countries self-report that they have delivered more than $33 billion in fast-start climate finance between 2010 and 2012, exceeding the pledges they made at COP 15 in Copenhagen in 2009. But how much of this finance is new and additional?'
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The Japanese Fast Start Finance contribution

Research Reports And Studies | November 2012 | Takeshi Kuramochi, Noriko Shimizu, Smita Nakhooda, and Taryn Fransen
This study considers the scope and distribution of Japan’s climate change finance in a global context.
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Destination Doha? A climate roadmap for Obama

Articles And Blogs | 7 November 2012 | Tom Mitchell
'If the goal is to maintain the security of the American people and give some hope to the world’s poorest and most vulnerable, the President must show the kind of leadership that would put him amongst the all-time greats.'
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Mitigation finance

Research Reports And Studies | October 2012 | Smita Nakhooda, Maria Carvalho and Luca Taschini
This paper considers what 'counts' as climate change mitigation finance.
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Climate finance transparency

Round-table | 18 May 2012 09:00 - 12:00 GMT+00

In collaboration with World Resources Institute (WRI) and Publish What You Fund, this round table building will explore a number of new studies that have recently been completed. These include two reviews of the scope, objectives and reporting practices of the...

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Shedding light on fast-start finance

Articles And Blogs | 17 May 2012 | Taryn Fransen and Smita Nakhooda
'It’s not presently possible to say with confidence how much funding has been disbursed or where it’s going... consistent fast-start finance reports that provide detailed lists of projects and programs supported are needed'
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The U.S fast start finance contribution

Research Reports And Studies | May 2012 | Taryn Fransen, Kirsten Stasio and Smita Nakhooda
This assessment considers U.S. efforts to provide 'fast start finance' (FSF) in fiscal years 2010 and 2011 in the context of the pledge by developed countries to mobilize $30 billion from 2010 to 2012 under the United Nations Framework Convention on Climate...
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The UK fast start finance contribution

Research Reports And Studies | May 2012 | Smita Nakhooda and Taryn Fransen, with Allister Wenzel, Alice Caravani and Kirsten Stasio
This assessment considers UK efforts to provide 'fast start finance' (FSF) in 2010/11 and 2011/12 in the context of the pledge by developed countries to mobilise USD 30 billion from 2010 to 2012 under the United Nations Framework Convention on Climate Change...
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The effectiveness of climate finance

Articles And Blogs | 12 March 2012 | Smita Nakhooda
'There seems a real need to develop and sustain a community of practice around climate change finance, with a focus on sharing lessons about what works in practice.'
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