The paper proposes a set of feasibility criteria to assist decision makers to make an informed decision and assess whether an NCF is a feasible option for a country. It also presents important design and management features of NCFs.
The Global Landscape of Climate Finance 2012 identifies global climate finance flows of USD 364 billion in 2011. The private sector provided the majority of finance, mostly from developed countries. The public sector acted as a catalyst for private investment by providing incentives and concessional loans, as well as bilateral aid to developing countries. Public and private intermediaries, especially national development banks and commercial banks, played an important role in channeling as well as raising climate finance.
This guidebook is intended to address challenges in accessing climate finance and assist developing countries in speeding up the transfer, deployment, and diffusion of mitigation technologies, enabling to contribute to climate change mitigation and reduce climate change impacts while pursuing national development goals. Over 100 public and private funding sources are analyzed and their main features and application requirements and procedures presented. A general section provides guidance on how to prepare high quality project and programme proposals.
In light of the benefits that the CDM can bring to lesser developed regions, the Nairobi Framework partners and others began funding technical support and capacity-building programmes for the CDM, particularly in Africa. The following document provides a short description of the most important financing and support opportunities available for CDM projects in Africa.
The total value of the carbon market grew by 11 percent in 2011, to $176 billion, and transaction volumes reached a new high of 10.3 billion tons of carbon dioxide equivalent (CO2e) according to a new report from the World Bank. The report, State and Trends of the Carbon Market 2012, shows that this growth took place in the face of economic turbulence, growing long-term oversupply in the EU Emissions Trading Scheme (EU ETS) and plummeting carbon prices.
The paper presents a framework for understanding what it means to be “ready” to plan for, access, deliver, and monitor climate finance in a transformative way at the national level. The aim is provide policy-makers with an overall lens through which readiness and preparatory activities offered by a range of international, regional, and national partners can be organised.
Finanzas Carbono, the Carbon Finance Platform for Latin America is an initiative of the Inter-American Development Bank (IDB) in collaboration with the World Bank Institute and the United Nations Environment Programme (UNEP). The main objectives of the Carbon Finance Platform are to: (1) Strengthen the capacity of key actors in the public and private sectors in Latin America and the Caribbean, to participate actively in the carbon markets (both compliance and voluntary carbon markets); (2) Support the decision making based on lessons learned, best practices and information sharing; (3)
This paper provides an overview of the concept of direct access to funding for climate change actions in developing countries. It focuses on the institutional arrangements that are necessary to facilitate and support direct access and is intended to inform the current and future discussions on direct access modalities, including within the design process for the Green Climate Fund (GCF). The paper begins by looking at what the term ‘direct access’ implies, what it is seeking to achieve, and how it has been defined to-date.