Climate finance: A transaction cost perspective on the structure of state-to-state transfers

Brunner, Steffen; Enting, Katrin

doi:10.1016/j.gloenvcha.2014.05.005

Cited by 24 publications

(21 citation statements)

References 17 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

Section: Climate Change Negotiationsmentioning

confidence: 99%

“…Brunner and Enting (2014) for example note that the UNFCCC has not set mid-term financing targets, nor signified an end period for finance requirements. As a result CCF is not predictable from a recipient perspective (Brunner & Enting, 2014). Furthermore, UNFCCC processes have defined monetary input, but have not defined specific outputs or outcomes, nor outlined monitoring and evaluation activities (Brunner & Enting, 2014).…”

Section: Climate Change Negotiationsmentioning

confidence: 99%

“…As a result CCF is not predictable from a recipient perspective (Brunner & Enting, 2014). Furthermore, UNFCCC processes have defined monetary input, but have not defined specific outputs or outcomes, nor outlined monitoring and evaluation activities (Brunner & Enting, 2014).…”

Section: Climate Change Negotiationsmentioning

confidence: 99%

“…Brunner and Enting (2014) for example note that while the UNFCCC emphasises inputs in the form of monetary requirements, it does not focus on outputs and outcomes. In defining outputs and outcomes, the UNFCCC and its signatories will be better able to direct their financing efforts.…”

Section: International Climate Governance I the Need For Better Defimentioning

confidence: 99%

See 3 more Smart Citations

Determinants of the Flow of Bilateral Adaptation-Related Climate Change Financing To Sub-Saharan African Countries

2015

View full text Add to dashboard Cite

The apparent mismatch between countries receiving Adaptation-related Climate Change Financing (ACCF) and those most vulnerable to climate change is a concern which is the motivation for this research. This paper examines the determining factors of receiving ACCF for sub-Saharan African countries and finds that the recipient policy and an existing aid relationship are significant determinants of funding. ACCF therefore appears to be contingent on democratic characteristics of the recipient and prevailing a donor-recipient relationship, with vulnerability not being a factor. Our research draws a parallel between ACCF and traditional, bilateral aid allocation, and stresses the importance of accurate climate finance allocation practices. In the lead up to the climate negotiations in Paris at the end of 2015, this quote seems particularly fitting. Climate change negotiations have long been stalled by the idea that compelling countries to cut their greenhouse gas emissions would be the death knell to their economies, all the while overlooking the idea that future economic prosperity will be contingent on the actions we take now to mitigate future effects of climate change and to adapt to its current effects. The latter is particularly relevant to lower income countries who have contributed the least to greenhouse gas emissions, but are disproportionately impacted by climate change through a limited capacity to adapt to its effects.Adaptation-related climate change financing is therefore pivotal for lower income countries. The apparent mismatch between countries receiving adaptation-related climate change financing and those most vulnerable to climate change is a concern. This concern is the motivation for this research.

show abstract

Section: Climate Change Negotiationsmentioning

confidence: 99%

Section: Climate Change Negotiationsmentioning

confidence: 99%

Section: Climate Change Negotiationsmentioning

confidence: 99%

Section: International Climate Governance I the Need For Better Defimentioning

confidence: 99%

See 2 more Smart Citations

Determinants of the Flow of Bilateral Adaptation-Related Climate Change Financing To Sub-Saharan African Countries

2015

View full text Add to dashboard Cite

show abstract

“…Although climate finance does not have a broadly accepted definition (Brunner and Enting 2014; UNFCCC Standing Committee on Finance 2014), first attempts have been made to define (mobilised) private climate finance (see Jachnik et al 2015;Brown et al 2015;Vivid Economics 2015). The best definition of publicly mobilised private adaptation finance is probably from Brown et al (2015: IV): ''private finance invested as a result of adaptation-related public interventions, which can typically take the form of finance or policies''.…”

Section: Introductionmentioning

confidence: 99%

Mobilising private adaptation finance: developed country perspectives

Pauw

2017

Int Environ Agreements

View full text Add to dashboard Cite

The private sector is one of the sources of finance included in developed countries' pledge in the UN climate negotiations to mobilise $100 billion annually by 2020 to support developing countries' efforts to address climate change. For adaptation in particular, it remains unclear what mobilised private finance is. Research so far has focused on its potential and experiences in developing countries, but not on the arguments of those who introduced and continue to advocate private adaptation finance: developed countries. This paper investigates the positions of developed countries and development banks and agencies. In particular, it aims to identify whether those actors can reach a common understanding of private adaptation finance that minimises norm conflicts in a fragmented climate finance system. Empirically, the paper examines the Biennial Reports and submissions on Strategies and Approaches for Mobilising Scaled-up Finance of six developed country parties, as well as data from interviews with experts from development banks and agencies. The analysis finds a number of discrepancies between these sets of actors, for example on motivations for and modes of private sector involvement. This discrepancy is the result of ambiguity around the concept of private adaptation finance in a highly fragmented climate finance architecture. This ambiguity is problematic when the aim of mobilising private adaptation finance is to contribute to the $100 billion commitment. However, if the aim is adaptation in practice, both ambiguity and fragmentation might actually make the climate finance system more inclusive and innovative.

show abstract

A Critical Discussion on the Roles of Institutions on Ports’ Adaptation to the Impacts Posed by Climate Change

Zhang

Becker

2017

Climate Change Management

View full text Add to dashboard Cite

Climate finance: A transaction cost perspective on the structure of state-to-state transfers

Cited by 24 publications

References 17 publications

Determinants of the Flow of Bilateral Adaptation-Related Climate Change Financing To Sub-Saharan African Countries

Determinants of the Flow of Bilateral Adaptation-Related Climate Change Financing To Sub-Saharan African Countries

Mobilising private adaptation finance: developed country perspectives

A Critical Discussion on the Roles of Institutions on Ports’ Adaptation to the Impacts Posed by Climate Change

Contact Info

Product

Resources

About