How to use climate finance

Mark D. Jaeger, Axel Michaelowa, Katharina Michaelowa

Abstract

A new grand deal on global climate change mitigation depends on the success of the USD 100bn Green Climate Fund (GCF). Partners at UN negotiations need to establish efficient spending procedures to provide the GCF legitimacy with donors and to obtain results. Research on energy poverty reduction efforts in India, linking climate change mitigation and development assistance, highlights how politics get in the way of success. GCF procedures should fuse value-for-money with ownership principles and focus on incentives, stakeholders, and transparency in domestic politics.
Original languageEnglish
Place of PublicationZürich
PublisherCenter for Security Studies, ETH Zurich
Volume2/5
Publication statusPublished - 2014
SeriesCSS Policy Perspectives

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