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Acting on Climate Finance Pledges: Inter-Agency Dynamics and Relationships with Aid in Contributor States

Author

Listed:
  • Pickering, Jonathan
  • Skovgaard, Jakob
  • Kim, Soyeun
  • Roberts, J. Timmons
  • Rossati, David
  • Stadelmann, Martin
  • Reich, Hendrikje
Abstract
Developed countries have relied heavily on aid budgets to fulfill their pledges to boost funding for addressing climate change in developing countries. However, little is known about how interaction between aid and other ministries has shaped contributors’ diverse approaches to climate finance. This paper investigates intra-governmental dynamics in decision-making on climate finance in seven contributor countries (Australia, Denmark, Germany, Japan, Switzerland, the UK, and the US). While aid agencies retained considerable control over implementation, environment and finance ministries have played an influential and often contrasting role on key policy issues, including distribution between mitigation and adaptation and among geographical regions.

Suggested Citation

  • Pickering, Jonathan & Skovgaard, Jakob & Kim, Soyeun & Roberts, J. Timmons & Rossati, David & Stadelmann, Martin & Reich, Hendrikje, 2015. "Acting on Climate Finance Pledges: Inter-Agency Dynamics and Relationships with Aid in Contributor States," World Development, Elsevier, vol. 68(C), pages 149-162.
    • Handle: RePEc:eee:wdevel:v:68:y:2015:i:c:p:149-162
    DOI: 10.1016/j.worlddev.2014.10.033
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    Cited by:

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    2. Michelle Scobie, 0. "International aid, trade and investment and access and allocation," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 0, pages 1-16.
    3. Erik Lundsgaarde & Niels Keijzer, 2019. "Development Cooperation in a Multilevel and Multistakeholder Setting: From Planning towards Enabling Coordinated Action?," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 31(2), pages 215-234, April.
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    6. Mariana Reis Maria & Rosangela Ballini & Roney Fraga Souza, 2023. "Evolution of Green Finance: A Bibliometric Analysis through Complex Networks and Machine Learning," Sustainability, MDPI, vol. 15(2), pages 1-23, January.
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    9. 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.
    10. Jakob Skovgaard, 2017. "Limiting costs or correcting market failures? Finance ministries and frame alignment in UN climate finance negotiations," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(1), pages 89-106, February.
    11. Kissinger, Gabrielle & Gupta, Aarti & Mulder, Ivo & Unterstell, Natalie, 2019. "Climate financing needs in the land sector under the Paris Agreement: An assessment of developing country perspectives," Land Use Policy, Elsevier, vol. 83(C), pages 256-269.
    12. Wenbing Luo & Ziyan Tian & Shihu Zhong & Qinke Lyu & Mingjun Deng, 2022. "Global Evolution of Research on Sustainable Finance from 2000 to 2021: A Bibliometric Analysis on WoS Database," Sustainability, MDPI, vol. 14(15), pages 1-23, August.
    13. Peterson, Lauri & Skovgaard, Jakob, 2019. "Bureaucratic politics and the allocation of climate finance," World Development, Elsevier, vol. 117(C), pages 72-97.
    14. Michelle Scobie, 2020. "International aid, trade and investment and access and allocation," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 20(2), pages 239-254, June.
    15. Shashank Bansal & Satya Prakash Mani & Himanshu Gupta & Shipra Maurya, 2023. "Sustainable development of the green bond markets in India: Challenges and strategies," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 237-252, February.
    16. Tao, Hu & Zhuang, Shan & Xue, Rui & Cao, Wei & Tian, Jinfang & Shan, Yuli, 2022. "Environmental Finance: An Interdisciplinary Review," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    17. Jonathan Pickering & Paul Mitchell, 2017. "What drives national support for multilateral climate finance? International and domestic influences on Australia’s shifting stance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(1), pages 107-125, February.
    18. Lauri Peterson, 2022. "Domestic and international climate policies: complementarity or disparity?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 22(1), pages 97-118, March.
    19. Metawa, Noura & Dogan, Eyup & Taskin, Dilvin, 2022. "Analyzing the nexus of green economy, clean and financial technology," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 385-396.
    20. 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.
    21. 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.

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    More about this item

    Keywords

    climate policy; climate finance; development assistance; bureaucratic politics;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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