Monitoring Climate Finance and ODA

The first major part of this paper focuses on tracking, monitoring, and reporting various types of flows, primarily from ODA (Official Development Assistance) and other public sources but also from private sources. It briefly reviews available information on various current and upcoming financial and investment flows to support climate action in developing countries as a first step in assessing the challenges associated with monitoring such flows. It considers both climate finance (the amount of additional resources required to catalyze the shift of a much larger volume of public and private development investments to climate friendlier options) and underlying finance (the almost 10 to 20 times larger amount of financial and investment flows in developing countries that must increasingly focus on climate action). The next part of the paper focuses on possible ways of tracking additionality in ODA flows, with the aim of stimulating a discussion within the World Bank Group (WBG) and its partners on this issue. It describes the various perceptions of different groups of countries as well as possible baselines, benchmarks, and tools for tracking progress. Increasingly reliable, comprehensive, and transparent reporting is needed to demonstrate that new climate finance instruments are not introduced at the expense of those targeting other objectives. The final section provides proposals for further action by industrial and developing countries, the U.N. system and multilateral development banks (MDBs).

Bibliographic Details

Main Author:	World Bank
Format:	Policy Note biblioteca
Language:	English en_US
Published:	Washington, DC 2010-01
Subjects:	ACCOUNTING, ADAPTATION FINANCING, ALLOCATION, ATMOSPHERE, CAPACITY BUILDING, CAPITAL FLOW, CAPITAL FORMATION, CAPITAL MARKETS, CAPITAL MARKETS DEVELOPMENT, CARBON FINANCE, CARBON MARKET, CARBON MARKETS, CARBON TECHNOLOGIES, CERTIFIED EMISSION REDUCTIONS, CERTIFIED EMISSIONS REDUCTIONS, CLEAN DEVELOPMENT MECHANISM, CLEAN ENERGY, CLEAN ENERGY TECHNOLOGIES, CLEAN TECHNOLOGIES, CLEAN TECHNOLOGY, CLIMATE, CLIMATE ACTION, CLIMATE CHANGE, CLIMATE CHANGE ADAPTATION, CLIMATE CHANGE ADAPTATION INITIATIVE, CLIMATE CHANGE CHALLENGE, CLIMATE CHANGE FUND, CLIMATE CHANGE FUNDS, CLIMATE CHANGE MITIGATION, CLIMATE CHANGE PROGRAM, CLIMATE FORECASTING, CLIMATE INITIATIVE, CLIMATE INVESTMENT, CLIMATE RESILIENCE, CLIMATE RISK, CLIMATE RISK MANAGEMENT, CLIMATE STABILIZATION, CLIMATE VARIABILITY, CLIMATE-CHANGE, CO, COLORS, COMPETITIVE MARKET, COST ESTIMATES, CREDITOR, CROWDING OUT, CURRENCY, DEBT, DEGREE OF TRANSPARENCY, DESERTIFICATION, DEVELOPED COUNTRIES, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPMENT FINANCE, DISCOUNT RATE, DOMESTIC SOURCES, DURABLE, ECONOMIC DEVELOPMENT, ECONOMIC EVALUATION OF CLIMATE CHANGE, ECONOMIC GROWTH, EFFICIENCY IMPROVEMENTS, EMERGING ECONOMIES, EMISSION, EMISSION REDUCTION, EMISSION TRAJECTORIES, EMISSIONS, EMISSIONS FROM DEFORESTATION, ENABLING ENVIRONMENTS, ENERGY EFFICIENCY, ENERGY EFFICIENCY PROGRAMS, ENERGY INFRASTRUCTURE, ENERGY SECURITY, ENERGY SUBSIDIES, ENVIRONMENTAL, ENVIRONMENTAL BENEFITS, ENVIRONMENTAL INTEGRITY, ENVIRONMENTS, EXPENDITURE, FINANCES, FINANCIAL CONTRIBUTIONS, FINANCIAL FLOWS, FINANCIAL INSTRUMENTS, FINANCIAL MECHANISM, FINANCIAL RESOURCES, FINANCIAL SUPPORT, FIXED CAPITAL, FOREIGN DIRECT INVESTMENT, FOREST, FOREST INVESTMENT, FORESTRY, FOSSIL FUELS, FRAMEWORK CONVENTION ON CLIMATE CHANGE, GHG, GHGS, GLOBAL CLIMATE, GLOBAL CLIMATE CHANGE, GLOBAL ENVIRONMENT FACILITY, GLOBAL RECESSION, GOVERNMENT BUDGETS, GREENHOUSE, GREENHOUSE GAS, GREENHOUSE GAS CONCENTRATIONS, GROSS NATIONAL INCOME, HOST COUNTRIES, IMPACTS OF CLIMATE CHANGE, INCOME, INFORMATION ON CLIMATE, INFORMATION ON CLIMATE CHANGE, INFORMATION TECHNOLOGIES, INSTRUMENT, INSURANCE, INSURANCE SCHEMES, INTERNATIONAL BANK, INTERNATIONAL CAPITAL, INTERNATIONAL CAPITAL MARKETS, INTERNATIONAL DEVELOPMENT, INTERNATIONAL FOREST CARBON, INVESTMENT DECISIONS, INVESTMENT FINANCE, INVESTMENT FLOWS, INVESTMENT FUNDS, ISSUANCE, LACK OF TRANSPARENCY, LEVIES, LEVY, LLC, LOCAL GOVERNMENTS, LOW-CARBON, MITIGATION OF CLIMATE CHANGE, NATURAL DISASTER, NATURAL RESOURCES, NEGATIVE IMPACT, PARTIAL RISK, PAYMENT FLOWS, PLEDGES, PORTFOLIO, PORTFOLIOS, PRIMARY MARKET, PRIVATE DEBT, PUBLIC GOOD, PUBLIC GOODS, REGULATORY FRAMEWORKS, REMITTANCES, RENEWABLE ENERGY, SOVEREIGN ENTITY, SUSTAINABLE DEVELOPMENT, TAX, TRANSACTION, TRANSPARENCY, TREATY, TRUST FUND, TRUST FUNDS, TRUSTEE, UNEP, VULNERABILITY TO CLIMATE CHANGE, WASTE MANAGEMENT, WIND, WIND FARMS,
Online Access:	http://documents.worldbank.org/curated/en/2010/01/12536636/monitoring-climate-finance-oda http://hdl.handle.net/10986/18423
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