The Effectiveness of Climate

Finance Smita Nakhooda

OECD ENVIRONET Meeting on Rio Markers,

Climate and Development Finance

24 June 2013

Monitoring climate finance and

understanding effectiveness

Catalytic effects and the private

sector

National

Global

International

International climate Finance:

Effectiveness of Global Funds

5

Driving logic and objectives

Spending

1. Mobilisation

2. Voice and administration

3. Allocation

4. Disbursement

5. Monitoring, evaluation and learning

Instru

ments

Outcomes 6. Scale

7. Enabling Environments

8. Catalytic impacts and sustainability

9. Innovation

10. National ownership

Role in the international climate finance architecture

http://www.odi.org.uk/publications/7386-international-multilateral-climate-finance-effectiveness-framework

Understanding the effectiveness of

climate finance

1. Analytic framework for assessments of effectiveness of climate finance

2. First set of assessments 1.Amazon Fund, 2.Adaptation Fund

3. Clean Technology Fund

4. Global Environment Facility

3. Second set of assessments

-PPCR

-Others to be decided

4. Synthetic analysis

-catalytic role and the private sector

National

7

Effectiveness within recipient

countries

• Collaboration with UNDP to understand Climate Public Expenditure and Institutions in Nepal, Bangladesh, Thailand, Cambodia, Samoa

• New work programs underway in Uganda, Tanzania, Ethiopia

• Review climate related public spending and assess links with policy and institutional demands in a development context

• Support strategic financing that promotes a whole-of-government approach and use of country systems

8

9

Principles

Policy • Ease of implementation

• Legitimacy • Coherence • Transparency

Institutions • Coordination • Innovation • Local anchorage

Expenditure Frameworks

• Planning and execution in national systems

• Reporting • External audit

http://www.climatefundsupdate.org Comprehensive information on the objectives and scope of dedicated

public climate finance:

http://www.odi.org.uk/programmes/

climate-environment/climate-finance