Exploring Climate Finance Effectiveness [electronic resource] / Jane Ellis, Randy Caruso and Stephanie Ockenden
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Working Paper | Biblioteca Digital | Colección OECD | OECD 5jzb44nmnbd2-en (Browse shelf(Opens below)) | Not For Loan |
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Ensuring that climate finance is used effectively will help to maximise its impact. The effectiveness of climate finance can be defined as the extent to which an activity attains its stated aims. These aims can vary, depending on the source of climate finance and how it is channelled. There are therefore different views on what "effective" climate finance is, as well as on how this effectiveness can be assessed. This paper explores how different communities view climate finance effectiveness; the policies or institutional pre-conditions that facilitate effectiveness; and how effectiveness is currently monitored and evaluated. The paper concludes by discussing the conflicts and trade-offs encountered in assessing effectiveness and a possible way forward in balancing multiple views and priorities.
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