Policy making is required in cases in which a public good needs to be either maintained or created, and private or civil initiatives cannot deal alone with this. Policy making thus starts with a phase of problem identification and determining whether there is a problem that needs to be dealt with. Rapidly evolving contexts exert influence on policy makers who have to take decisions much faster and more accurately than in the past, also facing greater complexity. There is a need for a method that lowers the lead time of the exploratory phase of the policy cycle.
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Economics and financial decision-making
In order to achieve ambitious national climate goals, the use of economic instruments such as crop and climate insurance, taxes, feed-in tariffs for renewable energy and other financial incentives are important enablers. The CTCN is collaborating with relevant stakeholders to support local entrepreneurs, small- and medium enterprises and larger businesses, as well as governmental decision-makers, in identifying these economic instruments. Furthermore the CTCN provides technical assistance for strengthening countries’ capacity to access international financing for climate technology opportunities. Below you will find related publications, partners, CTCN technical assistance, technologies and other information for exploring this topic further.