The politics of climate finance coordination

Summary, in English

• Climate finance coordination challenges reflect political differences, including divergent interests among ministries involved in the governance of multilateral climate funds.
• Differences in the histories and governance of the Climate Investment Funds (CIF) and Green Climate Fund (GCF) – two key multilateral climate funds – shape debate on their respective advantages and future roles.
• The multilateral funds have encouraged cross-governmental coordination at country level. However, there are competing views on which governmental actors at national level are best-suited to take responsibility for coordinating climate finance planning and implementation.
• The cross-sectoral orientation of climate finance coordination contrasts with existing development coordination approaches, which emphasize coordination within separate policy sectors.

• Author: Erik Lundsgaarde; Kevin Adams; Kendra Dupuy; Adis Dzebo; Mikkel Funder; Adam Moe Fejerskov; Zoha Shawoo; Jakob Skovgaard
• Department/s: Department of Political Science; BECC: Biodiversity and Ecosystem services in a Changing Climate
• Publishing year: 2021
• Language: English
• Publication/Series: SEI Policy Briefs
• Full text: - 1 MB; Download statistics
• Links: https://cdn.sei.org/wp-content/uploads/2021/10/211015a-burton-shawoo-climate-finance-pb-2109f-final.pdf
• Document type: Working paper
• Publisher: Stockholm Environment Institute
• Topic: Political Science (excluding Public Administration Studies and Globalization Studies)
• Status: Published
• Project: Share or Spare? Explaining the Nature and Determinants of Climate Finance Coordination