[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/oec/envaab/2013-4-en.html
   My bibliography  Save this paper

Exploring Climate Finance Effectiveness

Author

Listed:
  • Jane Ellis

    (OECD)

  • Randy Caruso

    (OECD)

  • Stephanie Ockenden

    (OECD)

Abstract
Ensuring that climate finance is used effectively will help to maximise its impact. The effectiveness of climate finance can be defined as the extent to which an activity attains its stated aims. These aims can vary, depending on the source of climate finance and how it is channelled. There are therefore different views on what “effective” climate finance is, as well as on how this effectiveness can be assessed. This paper explores how different communities view climate finance effectiveness; the policies or institutional pre-conditions that facilitate effectiveness; and how effectiveness is currently monitored and evaluated. The paper concludes by discussing the conflicts and trade-offs encountered in assessing effectiveness and a possible way forward in balancing multiple views and priorities. En veillant à ce que le financement climatique soit rationnellement utilisé, on contribuera à maximiser son impact. L’efficacité du financement climatique peut se définir comme étant le degré de réalisation des objectifs déclarés d’une activité donnée, lesquels peuvent varier en fonction de la source et des circuits de financement. Par conséquent, les avis divergent sur ce que signifie un financement climatique « efficace », ainsi que sur la façon dont cette efficacité peut être évaluée. Ce rapport étudie comment différents milieux ou communautés considèrent l’efficacité du financement climatique, ainsi que les politiques ou les préalables institutionnels qui la favorisent et les méthodes actuellement utilisées pour assurer le suivi et l’évaluation de cette efficacité. Il conclut par une analyse des contradictions rencontrées et des arbitrages à opérer lors de l’évaluation de l’efficacité, et propose une voie à suivre pour concilier les multiples points de vue et priorités à considérer.

Suggested Citation

  • Jane Ellis & Randy Caruso & Stephanie Ockenden, 2013. "Exploring Climate Finance Effectiveness," OECD/IEA Climate Change Expert Group Papers 2013/4, OECD Publishing.
    • Handle: RePEc:oec:envaab:2013/4-en
    DOI: 10.1787/5jzb44nmnbd2-en
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/5jzb44nmnbd2-en
    Download Restriction: no
    File URL: https://libkey.io/10.1787/5jzb44nmnbd2-en?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shingirai Mugambiwa & Motshidisi Kwakwa, 2022. "Multilateral climate change financing in the developing world: challenges and opportunities for Africa," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(9), pages 306-312, December.
    2. Liu, Yang & Dong, Kangyin & Taghizadeh-Hesary, Farhad, 2023. "How does energy aid mitigate the recipient countries’ carbon emissions?," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 359-375.
    3. Jonathan Pickering & Carola Betzold & Jakob Skovgaard, 2017. "Special issue: managing fragmentation and complexity in the emerging system of international climate finance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(1), pages 1-16, February.
    4. Andreas Freytag & Matthias Menter & Jan Hauke Montag & Sebastian Schuhmann, 2023. "The Political Economy of Development and Climate Policy - Prospects and Challenges for an Emission Trading Scheme as Development and Climate Policy Tool," Jena Economics Research Papers 2023-019, Friedrich-Schiller-University Jena.
    5. Alfonso Carfora & Monica Ronghi & Giuseppe Scandurra, 2017. "The effect of Climate Finance on Greenhouse Gas Emission: A Quantile Regression Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 7(1), pages 185-199.
    6. Renato Passaro & Ivana Quinto & Giuseppe Scandurra & Antonio Thomas, 2020. "How Do Energy Use and Climate Change Affect Fast-Start Finance? A Cross-Country Empirical Investigation," Sustainability, MDPI, vol. 12(22), pages 1-23, November.
    7. Carfora, Alfonso & Scandurra, Giuseppe, 2019. "The impact of climate funds on economic growth and their role in substituting fossil energy sources," Energy Policy, Elsevier, vol. 129(C), pages 182-192.
    8. Cafora, Alfonso & Romano, Antonio Angelo & Ronghi, Monica & Giuseppe, Scandurra, 2017. "Substituting fossil energy sources: the role of the climate funds and effects on the economic growth," MPRA Paper 82373, University Library of Munich, Germany.

    More about this item

    Keywords

    aid effectiveness; climate finance effectiveness; efficacité de l’aide; efficacité du financement climatique; mobilisation; mobilise; monitoring and evaluation; suivi et évaluation;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F35 - International Economics - - International Finance - - - Foreign Aid
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:envaab:2013/4-en. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/enoecfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.