Climate Finance

Public and private climate finance is a central means of implementation for ambitious adaptation and mitigation options. Through our interdisciplinary approach linking science and policy elements we assist stakeholders in developing successful strategies to shift investments towards sustainable development in line with internationally agreed temperature goals.
As part of our negotiation support we assist vulnerable countries in their efforts to implement innovative and transformative approaches for an institutional architecture that is responsive to their needs and circumstances.

 ©Felix Fallasch / Copyright
©Felix Fallasch / Copyright

Climate Finance is a key element of supporting ambitious action on climate change. We have been closely following the development of a new institutional architecture for international climate finance in the aftermath of Copenhagen. As part of our negotiation support delivered to Small Island Developing States (SIDS) and Least Developed Countries (LDCs), we support negotiators in the UNFCCC and GCF negotiations with on-demand analysis and technical support on all areas of international climate finance. This enables them to formulate an integrated strategy in the implementation of the international climate finance architecture as part of the negotiations working towards a rapid implementation of the Paris Agreement.

Our expertise also includes the analysis and synthesis of technical information regarding the assessment of sources for long-term finance and comparative analysis of elements and options for the operationalization of the institutional climate finance architecture.
In order to facilitate efforts to advance the operationalization of the new climate finance architecture and provide space for informal discussions amongst negotiators and experts, we organize workshops and meetings in cooperation with government agencies, and non-governmental partners.

Latest

There are several possibilities as to the reason why the heat wave in South Asia this spring did not cause a higher recorded number of deaths. Speaking with the New York Times, Fahad Saeed points out that there are other measures of suffering when evaluating the impact of heat.  
In this Associated Press article, our Regional Lead for Caribbean Science, Dr Adelle Thomas is interviewed for her opinion on a new study from Dartmouth, UK, which calculated the economic impacts on other nations due to climate change caused by richer nations.  
This piece by our Head of Climate Policy Analysis, Deborah Ramalope, lays out the advantages for Africa in making the transition from fossil fuels to wind and solar energy. An increase in funding for the least developed countries on the continent must happen to take advantage of the renewable energy opportunity.  
Our Head of LDC Support Team, Manjeet Dhakal, is interviewed in this piece from The Khatmandu Post on the latest IPCC WGII report and its implications for climate funding and governance in Nepal.  

Publications

A key instrument to allocating finance to the most vulnerable to both accelerate the energy transition and create resilience against the impacts of climate that are already with us, is the Green Climate Fund. Australia left this multilateral institution in 2019, but its new government could stand to gain on multiple fronts by reengaging to deliver on both its climate and foreign policy objectives.  
This briefing is the second of a two-part Climate Analytics series that examines historical access to the Green Climate Fund (GCF) by Small Island Developing States (SIDS). It focuses on the quality of SIDS proposals submitted to the GCF based on the feedback given to proposals by the independent Technical Advisory Panel (iTAP).  
Meeting climate goals is becoming a matter of fundamental concern for many countries. For the most vulnerable countries, meeting global mitigation targets to limit the increase in global warming to below 1.5 degrees above preindustrial levels is a matter of survival - because of their limited financial, technical, technological and human capacity to cope with increasing and more frequent climate-related adverse events. This analysis takes stock of the resources mobilised through funding proposals submitted to and approved by the Green Climate Fund over the period from November 2015 to July 2021 (Board 29). It is based on data published by the GCF.  
Small island developing states are currently faced with two significant challenges that are more onerous due to limited financial resources: adapting to increasing climate change risk and recovering from the pandemic. Debt-for-climate swaps provide an avenue for SIDS to address these challenges.  

Projects

The "Climate Action Tracker" is an independent science-based assessment, which tracks the emission commitments and actions of countries.  
The Governance Initiative for the Caribbean (CGIC) aims to support the development of governance structures to allow equitable and just national climate action to implement the Paris Agreement in Caribbean countries.  
IMPACT is a cross-cutting, multi-faceted project that aims to strengthen the connections between the scientific assessments of climate impacts, vulnerability and adaptation to help enable access to finance and help Small Island Developing States (SIDS) and Least Developed Countries (LDCs) implement concrete projects.  
Climate Analytics provided conceptual and organisational support for the Green Climate Fund Readiness Meeting on 11–12 July 2013 in Bridgetown, Barbados, organised in a partnership between GIZ, CDB, and the GCF Board. Project Period: 2013  
The project supports national climate finance institutions tasked with accessing the Green Climate Fund (GCF) under the Fund’s direct access modality and provides strategic and conceptual support for developing national climate change strategies. Project Period: 2014 - 2016