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Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Carbon Fund Pioneering Multilateral Payments for Forest Carbon in a Bottom-Up Climate World

Here’s what was supposed to happen at the 2009 climate talks in Copenhagen: Rich, industrialized nations like the US and Australia would commit to deep reductions in their greenhouse gas pollution, joined by rapidly industrializing countries like China and India. Part of these commitments would be met by paying for emission reductions from reduced deforestation by tropical forest countries like Brazil and Indonesia.

Jump-Starting the Green Climate Fund

Hela Cheikhrouhou has a tough job.  As the first ever executive director of the Green Climate Fund (GCF) she is tasked with establishing a new institution for climate finance amidst considerable fatigue with concept of new climate finance bureaucracy; raising billions of dollars at a time when many promising donor countries face fiscal austerity; and devising implementation processes that satisfy the interests of developing and developed countries, as well as appeal to ministries of environment (critical GCF sponsors) and ministries of finance (funding managers). 

How to Spend Climate Finance (If We Had It)

Imagine for a moment a world in which rich countries followed through on their rather vague promise at the 2009 climate conference in Copenhagen to mobilize $100 billion per year by 2020 to help developing countries reduce their emissions and cope with climate change. How should that money be spent?