Climate finance

Our team supports developing countries to access climate finance and deliver on their climate mitigation and adaptation objectives. We engage with governments to design transformational project concept notes and proposals for multilateral institutions such as the Green Climate Fund. We also provide thought leadership on climate finance, including on the quality, accessibility, balance and size of funds.

Our experts

Paolo Cozzi

Senior Implementation Specialist and Lead on Climate Finance Access

Frances Fuller

Director, North America / Senior Implementation Specialist

Benjamin Komna Djabare

Director, Climate Analytics Africa Office

Sasha Jattansingh

Loss and Damage Expert

Publications

Calculating the loss and damage finance gap: a scoping and feasibility exercise

How can event attribution science underpin financial decisions on Loss and Damage?

Using existing databases to report on loss and damage in Biennial Transparency Reports under the UNFCCC

Article 6.4 progress update: work of the Supervisory Body on the Paris Agreement Crediting Mechanism

What good looks like: G7 climate policy 2024 update

Climate justice and loss and damage: perspectives from the global south

Tripling renewables by 2030: interpreting the global goal at the regional level

De la CDN 1.0 à la CDN 2.0: qu'est-ce qui a changé dans les CDN des PMA de l’Afrique de l'Ouest?

Utilisation of EU funds for the transformation of the transport sector

Why offsets are not a viable alternative to cutting emissions

Uncompensated claims to fair emission space risk putting Paris Agreement goals out of reach

Interacting adaptation constraints in the Caribbean highlight the importance of sustained adaptation finance

Current and pledged adaptation finance scrapes the bottom of the barrel

Rejoining the Green Climate Fund is an easy win for the new Australian Government’s climate and foreign policy agendas

Five years of the Green Climate Fund: how much has flowed to Least Developed Countries?

SIDS access to the Green Climate Fund - understanding the GCF portfolio in small island developing states

Projects

Mobilising adaptation finance: building capacity in Francophone North and sub-Saharan Africa

This programme aims to equip French-speaking African countries with the skills required to mobilise the finance they need to implement their climate change adaptation priorities.

GCF readiness and preparatory programme projects

Since 2013 we have been working in vulnerable countries to enhance the capacity of those organisations with the designated authority to coordinate with the Green Climate Fund and access climate finance.

Climate change risk analysis to support the Network for Greening the Financial System

The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) is a voluntary group of banks and supervisors that aim to share best practices on climate risk management in the financial sector and to mobilise mainstream finance to promote the transition to a sustainable economy. Climate Analytics contributes to this work by providing estimates of risk from climate change impacts using future climate projections and makes them publicly available through the Climate Impact Explorer online tool.

Supporting the implementation of NDCs in the Caribbean

Supporting the implementation of NDCs in the Caribbean: transforming transport and energy sectors towards a low-carbon and climate-resilient future (NDC-TEC) is a programme funded by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety’s (BMU) climate initiative, to support countries in the Caribbean to enhance the ambition of their climate targets, implement transformative actions within the energy and transport sectors, and to facilitate strategic access to climate financing. So far, tailored support has been offered to Antigua and Barbuda, Belize, Grenada, Guyana, Jamaica, and Saint Lucia.

Technical support for countries preparing country programmes for the Green Climate Fund

Through this project, Technical Advisory Services on the Piloting of Activities for the Preparation of Country Programmes and Related Processes, funded by the Green Climate Fund, we provide technical advisory services to partner countries to enhance the scientific quality of their country programmes for the Green Climate Fund in order to improve access to funding. The services include scientific analysis, development of tools and guidelines as well as institutional capacity building.

A scientific framework for climate bonds

This project aims to establish a scientifically robust and transparent link between the latest climate and economic data and the Climate Bonds Initiative’s projects.

Climate risk, adaptation and insurance in the Caribbean

The Climate Risk Adaptation and Insurance in the Caribbean (CRAIC) project, led by Munich Climate Insurance Initiative, assists Caribbean countries in their efforts to increase social resilience and adapt to climate change by incorporating climate risk insurance within a broader framework of disaster risk reduction strategies.

Assessment of mitigation pathways and cost estimates

The Assessment of climate change Mitigation Pathways and Evaluation of the Robustness of mitigation cost Estimates (AMPERE) project makes multi-model comparisons to better understand climate and cost uncertainties.

Forest governance and NDC implementation in the Congo Basin

All governments which ratified the Paris Agreement are required to produce a new round of climate action plans, or Nationally Determined Contributions (NDCs), in 2020, as part of their commitment to achieve its objectives. Contributing to this process, Climate Analytics has conducted studies exploring the link between forest governance in the Congo Basin countries and the NDCs.

La gouvernance forestière et mise en œuvre des CDN dans le bassin du Congo

Tous les pays qui ont ratifié l’Accord de Paris sont obligés à produire des nouveaux plans climatiques, dits « Contributions détérminées au niveau national » (CDN), en 2020. Dans le contexte global de cette révision des CDN, Climate Analytics a conduit des études explorant le lien entre la gouvernance forestière dans les pays du Bassin du Congo et les CDN.

Support for preparing Intended Nationally Determined Contributions

We assisted the Governments of a number of countries in their domestic preparation for the formulation of their intended nationally determined contributions (INDCs), in the context of the 2015 climate agreement.

Turn down the heat report series

From 2012 to 2014 we authored a series of reports for the World Bank looking at the impacts of climate change in a 4°C world with an emphasis on the impacts for the most vulnerable.

How countries can report loss and damage finance needs

Drawing lessons from the Caribbean, we take a look at where, how and why to report on loss and damage finance needs, the types of costs that can be reported and what makes an event ‘climate-related'.

Why 2024 needs to deliver on climate finance for South Asia and the world

To get climate action on track, 2024 needs to be the year we get moving on finance. We take a look at the current climate finance needs of South Asia and what to expect in the year ahead.

COP28: social and economic metrics could serve as stepping stone for Global Goal on Adaptation

As work on shaping the Global Goal on Adaptation culminates this week at COP28, we explore if social and economic metrics could be used as proxies for a country’s ability to adapt.

Safeguards and exit points for the World Bank as host of the Loss and Damage Fund

An agreement was reached to establish the World Bank as the interim host of the Loss and Damage Fund. Developing countries signed up to this on certain conditions. We unpack the safeguards put in place and look at the three points at which the Fund could exit the World Bank.

Flooding during a heavy monsoon in the Philippines in July 2021

Second Glasgow Dialogue: lessons from latest Committee meeting on loss and damage finance

Key takeaways from the Transitional Committee’s second meeting on operationalising the new loss and damage fund and funding arrangements.

Can higher ambition in developed countries create ‘carbon space’ for others?

What does a 'fair share' of global emissions look like for Africa and South Asia? Both regions have low historical emissions and a strong claim to the remaining carbon space.

Hunga Tonga–Hunga Haʻapai eruption, Meteorological Satellite Center,Japan Meteorological Agency

From volcanic eruptions to tropical cyclones - adaptation and disaster risk reduction are still a question of finance for small islands

Small Island Developing States (SIDS) are incredibly vulnerable to intensifying hazards from climate change. But the challenges that SIDS face in adapting can only be understood by looking at how these impacts interact with other risks – not all of them environmental.

Nepalese farmer with her solar irrigation pump. ©Photo credit: Nabin Baral / IWM (CC BY-NC 2.0 DEED)

Nepal’s ambitious climate target has socio-economic prosperity at its heart

Last year, a number of low-income, climate vulnerable countries stepped up their Paris Agreement commitments, known as Nationally Determined Contributions (NDCs). These nations recognise that leapfrogging to climate-friendly development models would not only help save the planet and reduce risks posed by global warming, but that it also presents unique opportunities for social and economic progress. However, unlocking the full mitigation potential of these ambitious developing countries hinges on wealthy nations delivering on their climate finance promises.

The NAP Readiness Writeshop in Apia, Samoa was organised under the IMPACT project.

The building blocks for vital climate adaptation in small islands

Improving access to climate finance and increasing absorption of funding opportunities are integral to speeding up Small Island Developing States’ (SIDS) efforts to enhance adaptation and build long-term resilience to climate change. A recent “Writeshop” in Samoa, which brought together Pacific and Caribbean representatives to build on each other's experiences, yielded a number of valuable lessons.

Benin to launch three vulnerability assessments

Benin has launched three separate climate vulnerability assessments on agriculture, water resources and health at a workshop organized by Climate Analytics and the Centre de Partenariat et d’Expertise pour le Développement Durable.

Belize launched its vision for its two-year chairmanship of AOSIS at a 19 Feb 2019 event at UN HQ.

Where action on climate change, sustainable development and oceans intersects - Belize's vision for AOSIS

Belize has embarked on its two-year term leading the Alliance of Small Island States (AOSIS). The Caribbean nation’s vision for the Alliance, which turns 30 this year, focuses on ambitious action on climate change, sustainable development and oceans.

The role of finance and investment in meeting the 1.5°C goal

This week, climate finance – funds for developing countries to enable low-emission and climate-resilient development – takes center stage as political leaders discuss how to ramp up climate ambition at COP24 in Katowice, Poland. What role can investments and finance for mitigation and adaptation play, in particular for the most vulnerable countries?

Flood damage in Fiji following Cyclone Evan 2012. Photo Aus AID public domain

Preparing for the Suva Expert Dialogue – getting Loss and Damage right

By now it is clear that climate change is as much an economic problem as it is an environmental one. Rising temperatures slow economic growth and devastating climate-related impacts leave large negative imprints on economic development of developing countries. Most financial instruments that have been proposed in the context of loss and damage do not solve the problems developing countries face.

Songdo, South Korea, Green Climate Fund headquarters. Photo by Daesun Kim on Unsplash

From Paris to Songdo: How the Green Climate Fund’s new Strategic Vision supports the Paris Agreement

12th meeting of the Green Climate Fund Board — decisions reflect the 1.5° temperature limit and a five-year goal for decarbonisation of private banks’ investment portfolios.

Green Climate Fund strengthens its accreditation framework

At its latest meeting 2-5 November in Livingstone, Zambia the Green Climate Fund Board strengthened the Fund’s accreditation framework by agreeing on a policy to review every five years to what extent the GCF’s implementing partners’ overall portfolio of activities - beyond those funded by the GCF - have evolved in the direction of the Fund’s goal to promote a paradigm shift. Partners that continue to heavily invest into coal and other fossil fuels are now at risk of loosing their accreditation after their initial accreditation period ends.

The fossil fuel divestment movement was started by 350.org on US college campuses in 2012.

Fossil fuel divestment movement gains traction in the run up to the Paris Climate Summit

Fossil fuel divestment started as a grass-roots movement and, as it gains momentum, more and more actors — university campuses, cities, pension funds, banks, to name but a few — commit to move away from investing in coal, oil and gas. Divestment campaigns have been increasing the pressure on governments and institutions in the run up to the upcoming climate summit in Paris but will also play an important role once the expected global agreement to halt climate change is in place.

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Decarbonisation targets and 1.5℃ pathways

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