Climate Finance Coordination From the Global to the Local: Norm Localization and the Politics of Climate Finance Coordination in Zambia

Funder, Mikkel; Dupuy, Kendra

doi:10.1080/00220388.2022.2055467

Cited by 10 publications

(2 citation statements)

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“…While the broader efforts to construct a post-Kyoto climate regime shaped the terrain over which countries bargained, the ability of countries to mobilize climate finance depended on their ability to communicate credibility via their policies and the design features of the funds. Since the cases examined here were focused on institutional creation, further research will be required to examine whether countries face similar trade offs as the funds mature and evolve and acquire longer track records of operation [21].…”

Section: Discussionmentioning

confidence: 99%

“…Studies have also examined how the divergent preferences of donors and recipients impact climate finance coordination. Funder and Dupuy find that host governments can shape implementation and are better able to tilt practices towards their own preferences which may depart from the original agreement [21]. Why climate finance governance is different from development finance governance is a topic that Browne [22] has analyzed [22].…”

Section: Climate Finance and Policy Literaturementioning

confidence: 99%

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The role of institutional design in mobilizing climate finance: Empirical evidence from Bangladesh, Brazil, Ethiopia, and Indonesia

Bhandary

2024

PLOS Clim

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International climate finance is a crucial component of the response to climate change. This paper examines how national-level funding vehicles mobilize finance from international sources. Based on interviews with policymakers and various actors involved in the negotiation and design of four major early national climate funds, the Amazon Fund, the Bangladesh Climate Change Resilience Fund, Ethiopia’s Climate Resilient Green Economy Facility, and the Indonesia Climate Change Trust Fund, this paper identifies design features of national climate funds and highlights the trade-offs that developing countries face in their pursuit of climate finance. These design features have significant bearing on the overall effectiveness of the funds themselves. The findings from this study suggest that developing countries seek to maximize control over the funds even though it means that the design features do not minimize costs, as efficiency-oriented perspectives would suggest. The experience of these early national climate funds could be instructive to those governments and stakeholders considering establishing their own national climate funds or improving features. Three policy lessons are noteworthy: the importance of demonstrating commitment to climate policy through transparent data and results, instilling robust fiduciary standards and safeguards, and the virtuous cycle mobilizing climate finance and acquiring a track record on climate programming.

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Section: Discussionmentioning

confidence: 99%