IDEAS home Printed from https://ideas.repec.org/p/enp/wpaper/eprg0933.html
   My bibliography  Save this paper

Structuring International Financial Support for Climate Change Mitigation in Developing Countries

Author

Listed:
  • Karsten Neuhoff

    (German Institute for Economic Research)

  • Sam Fankhauser

    (London School of Economics)

  • Emmanuel Guerin

    (Institut du développement durable et des relations internationales (IDDRI))

  • Jean Charles Hourcade

    (Centre International pour l'Environnement et le Développement (CIRED))

  • Helen Jackson

    (Vivid Economics)

Abstract

In the Copenhagen Accord of December 2009, developed countries agreed to provide start-up finance for adaptation in developing countries and expressed the ambition to scale this up to $100 billion per year by 2020. The financial mechanisms to deliver this support have to be tailored to country and sector specific needs so as to enable domestic policy processes and self sustaining business models, and to limit policy risk exposure for investors while complying with budgetary constraints in OECD countries. This paper structures the available financial mechanisms according to the needs they can address, and reports on experience with their application in bilateral and multilateral settings.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Karsten Neuhoff & Sam Fankhauser & Emmanuel Guerin & Jean Charles Hourcade & Helen Jackson, 2009. "Structuring International Financial Support for Climate Change Mitigation in Developing Countries," Working Papers EPRG 0933, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
  • Handle: RePEc:enp:wpaper:eprg0933
    as

    Download full text from publisher

    File URL: https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0933.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shashank Bansal & Satya Prakash Mani & Himanshu Gupta & Shipra Maurya, 2023. "Sustainable development of the green bond markets in India: Challenges and strategies," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 237-252, February.
    2. Shingirai Mugambiwa & Motshidisi Kwakwa, 2022. "Multilateral climate change financing in the developing world: challenges and opportunities for Africa," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(9), pages 306-312, December.
    3. J. Hourcade & B. Perrissin Fabert & J. Rozenberg, 2012. "Venturing into uncharted financial waters: an essay on climate-friendly finance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 12(2), pages 165-186, May.
    4. S. Scrieciu & Zaid Chalabi, 2014. "Climate policy planning and development impact assessment," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 19(3), pages 255-260, March.
    5. David Victor, 2013. "Foreign Aid for Capacity-Building to Address Climate Change: Insights and Applications," WIDER Working Paper Series wp-2013-084, World Institute for Development Economic Research (UNU-WIDER).
    6. Michel Aglietta & Jean-Charles Hourcade & Carlo Jaeger & Baptiste Fabert, 2015. "Financing transition in an adverse context: climate finance beyond carbon finance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 15(4), pages 403-420, November.
    7. Scrieciu, S. Şerban & Barker, Terry & Ackerman, Frank, 2013. "Pushing the boundaries of climate economics: critical issues to consider in climate policy analysis," Ecological Economics, Elsevier, vol. 85(C), pages 155-165.
    8. Jean-Charles Hourcade & Michael J. Grubb & Aurélie Méjean, 2015. "The 'Dark Matter' in the Search for Sustainable Growth: Energy, Innovation and the Financially Paradoxical Role of Climate Confidence," Post-Print hal-01646242, HAL.
    9. Victor, David G., 2013. "Foreign Aid for Capacity-Building to Address Climate Change: Insights and Applications," WIDER Working Paper Series 084, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Keywords

    Financial mechanism; Risk guarantee; Development; Climate Policy;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:enp:wpaper:eprg0933. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ruth Newman (email available below). General contact details of provider: https://edirc.repec.org/data/jicamuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.