Publication: Do multilateral development bank trust funds allocate climate finance efficiently?
Do multilateral development bank trust funds allocate climate finance efficiently?
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Michaelowa, K., Michaelowa, A., Reinsberg, B., & Shishlov, I. (2020). Do multilateral development bank trust funds allocate climate finance efficiently? Sustainability, 12, 5529. https://doi.org/10.3390/su12145529
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The Paris Agreement has been celebrated as a breakthrough for international climate policy. However, relatively scant attention has been given to the emergent ecosystem of climate finance facilities that support it. We provide an overview of the rising number of climate-related trust funds at multilateral development banks (MDBs). These funds can be distinguished into mitigation funds and adaptation funds. Some funds have a focus on capacity building activities. To maximize their effect on sustainable development, the different types
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Michaelowa, K., Michaelowa, A., Reinsberg, B., & Shishlov, I. (2020). Do multilateral development bank trust funds allocate climate finance efficiently? Sustainability, 12, 5529. https://doi.org/10.3390/su12145529