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Improving the Effectiveness of Climate Finance: Key Lessons

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Author:
Miriam Chaum, Chris Faris, Gernot Wagner, Barbara Buchner, Angela Falconer, Chiara Trabacchi, Jessica Brown, Katherine Sierra
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This report presents an overview of existing climate financing practices by summarizing the findings from an extensive survey of various institutions, drawing on the lessons learned from development finance, the public and private activities of international financial institutions, and experience with market-based instruments. The paper mainly focuses on mitigation, and seeks to discern lessons for policymakers by addressing two key questions: What makes climate finance effective? and what tools, methods or systems might improve the effectiveness of climate finance?