Climate Finance Readiness E-book, July 2023

Climate Finance Readiness E-book

July 2023

The global landscape of climate finance is highly fragmented and complex, involving multiple pathways, actors, institutions, and instruments. Funds provided by developed countries to developing countries for climate adaptation and mitigation actions are channelled through various multilateral funds – both within and outside the scope of the operating entities of the UNFCCC’s financial mechanism.

Developing countries indisputably need climate finance to flow at a sufficient scale and in a timely manner. While the options and possibilities for countries to access climate finance are expected to increase, with a multitude of funding channels, this can also make the process even more complicated and confusing. Which funds to turn to? For which activities? At what costs? These are a few of the many questions that climate change decision-makers must contend with. Each fund is administered with complicated rules and procedures, which makes it very challenging for developing countries to navigate when seeking to fund their domestic climate actions. There is currently no ‘one-stop-shop’ to provide useful and quick answers.

The Climate Finance Readiness E-book is a series of short briefs prepared by the South Centre to provide developing countries with a «help desk» to access and more effectively and efficiently utilise the complex web of climate finance information available to them. This brief will be updated periodically and will shine a spotlight on different geographical areas. The South Centre welcomes questions, comments, and suggestions for this series of briefs to continuously improve its help desk function on Climate finance.

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SouthViews No. 123, 7 December 2015

COP21: Great start but how will it end?

By Martin Khor

The climate change conference in Paris had a grand start last week, with high profile speeches from host French President Francois Hollande, American President Barack Obama, Britain’s Prince Charles and many other leaders. Immediately after the opening, the negotiators got down to work and they have not stopped. They realised that their task, to produce the Paris agreement on climate action after 2020, is all-important, whatever good rhetoric the political leaders may come up with. At the half-way mark of the two-week conference, there is no certainty that a final deal can be reached. The conference, known as COP21 (21st Conference of the Parties of the United Nations Framework Convention on Climate Change), is scheduled to end this Friday but could stretch till Saturday or even Sunday. (more…)