Climate Change

More from the Series

CGD NOTES
A Climate-Dedicated Capital Increase at the World Bank and IFC
Charles Kenny
and
Scott Morris
March 15, 2021
With a new US administration rejoining the Paris Agreement and the upcoming Glasgow climate conference set to endorse a new set of national commitments to greenhouse gas emissions, there is renewed momentum in the struggle to limit climate change and its global impact. But global finance to support ...
POLICY PAPERS
Is Climate Finance Towards $100 Billion “New and Additional”?
Ian Mitchell et al.
March 15, 2021
In this paper, we examine the extent to which development finance as a whole has increased since 2009 and interpret this as an upper limit for the amount of climate finance that can be described as “new and additional.” We analyse “total development finance” 
Blog Post
Whose Climate Finance is “New and Additional”?
Ian Mitchell et al.
March 15, 2021
As we pas the 2020 deadline for $100 billion a year of climate finance we look at how much climate finance could be “new and additional” as the original commitment envisaged, and how much each country has contributed.
Blog Post
How To Get More Value from Climate Mitigation Finance – Three Reforms
Ian Mitchell
and
Matt Juden
March 05, 2021
Our analysis suggests improvements need to be made to ensure mitigation funding has the intended impact. We estimate that a focus on effectiveness could plausibly reduce emissions by an amount equivalent to a year of the UK’s emissions. Here, we draw out three reforms that should accompany any new f...
POLICY PAPERS
Cost-Effectiveness and Synergies for Emissions Mitigation Projects in Developing Countries
Matt Juden
and
Ian Mitchell
March 05, 2021
This paper assesses the available evidence evaluating the effectiveness of concessional spending on climate mitigation in developing countries. Impact evaluation evidence on climate mitigation in developing countries is very limited. However, the Green Climate Fund and the Clean Technology Fund lead...
Blog Post
Three Ways to Ensure COP-26 Delivers for Poor People
Charles Kenny
February 11, 2021
Three ways that COP-26 could deliver for those countries are to properly define what counts as “new and additional” climate finance, make sure carbon markets rather than aid pays for the additional costs of mitigation in poorer developing countries, and agree to exempt the poorest countries from car...
Blog Post
The US and Climate Development Finance: Five Steps from Humility to Ambition
Ian Mitchell
and
Mark Plant
February 05, 2021
Last week President Biden announced sweeping measures to reengage the US government in the fight against climate change. With US Special Envoy for Climate John Kerry suggesting the need for “humility and ambition,” we suggest five ways for the new US administration to be more ambitious on the intern...