This project breaks disciplinary silos by bringing those who work in climate finance and policy together with development scholars and practitioners to share lessons, understanding, and research with an overall goal of making a contribution to the climate change field so that those at the community level benefit from the multitude of programmes designed for climate impacts. For some 70 years, International Development specialists have been developing programs and delivering funds to those who most need assistance. There is a wealth of knowledge to be uncovered by examining the international development industry for those who are now tasked with delivering climate finance. The academic, policy, and practitioner communities have spent decades researching, examining, and analyzing both development policies and finance independent of each. This volume will seek to bring that research together.
Author(s): Corrine Cash, Larry A. Swatuk
Series: International Political Economy Series
Publisher: Palgrave Macmillan
Year: 2022
Language: English
Pages: 260
City: Cham
Acknowledgements
Contents
Notes on Contributors
Acronyms
List of Figures
List of Tables
1 Climate Finance: Lessons from Development Finance
Introduction
Financing Climate Action
Financing the Sustainable Development Goals (SDGs)
Problems with ‘Aid’
Social Organization
The Book
Conclusion
References
2 How Lessons from Development Finance Can Strengthen Climate Finance
Introduction
Climate Finance: The Key Issues
Country Ownership of Climate Finance
Quantity, Quality and Composition of Climate Finance
Accessing High-Quality, New and Additional Climate Finance to Minimize Debt
Debt Implications
Gender-Responsive Climate Finance
Learning from Development Finance to Ensure More Effective Climate Finance
Conclusion and Policy Recommendations
References
3 International Climate Finance and Development Effectiveness
A Deepening Climate Crisis, Particularly for Poor and Vulnerable People
Setting International Climate Finance Goals
Determining the Levels of International Climate Finance Commitments
Weak Accountability for International Climate Finance
Climate Finance Allocations that Address the Needs of the Most Vulnerable
The Balance Between Adaptation and Mitigation
A Focus on Least Developed Countries (LDCs) and Small Island Developing States (SIDS)
The Role of Loans and Grants in International Climate Finance
Gender Equality Objectives in Climate Finance Commitments
Impact of Climate Finance on Providers’ ODA
Conclusion
References
4 Climate Finance and Principles for Effective Development Cooperation
Introduction
Country Ownership of Climate Finance Priorities
Enabling CSOs for Inclusive Development Partnerships
Development Partnerships and the Private Sector
Transparency and Accountability in Development Cooperation for Climate Commitments
Conclusion
References
5 What Can We Learn About the ‘Country Ownership’ of International Climate Finance by Employing a Relational Conception of Scale?
Introduction
Background
Country Ownership
Country Ownership and the GCF
Unit of Analysis
The South African Climate Finance Assemblage: Operationalizing Relational Scale
Relational Scale
Ontology
Magnitude
Endurance
Multiplicity
Scale and Assemblage
The Added Value of the Assemblage
Methods
Data Collection
Case and Approach: South African Climate Finance
Analytical Approach
A Relational Conception of Country Ownership
Flat Ontology
Magnitude
Endurance
Multiplicity
Discussion
Concrete Assemblage of a Country
Diffuse and Emergent Ownership
Partial Scale Effect
Conclusion
Bibliography
6 Towards Accountability in Climate Finance: Lessons from Nepal and Indonesia
Introduction
Navigating the Accountability Ecosystem—The Theory
Climate Finance in Indonesia and Nepal
Navigating the Accountability Ecosystem—The Practice
Nepal
ForestAction’s Aims and Approach
Navigating Local Power Dynamics
Indonesia
KNTI and Inisiatif’s Aims and Approach
Navigating Provincial-Level Power Dynamics
Conclusions
Bibliography
7 Delivering Adaptation Finance Through the Market? The Trouble with Using Carbon Offsets to Finance Climate Adaptation in the Global South
Introduction
Global Adaptation Finance: An Overview
The Adaptation Fund and the Share of Proceeds Model
Core Issues in the Adaptation Finance Literature
The Problems with Carbon Offsetting
Justice in Adaptation Finance
References
8 Climate Finance and Neo-colonialism: Exposing Hidden Dynamics
Introduction
Monetizing the Environment: A Historical Perspective on Nature Conservation and Its Implications on Legitimizing Climate Action in the Global South
The Ubiquitous Nature of Neo-colonialism in Environmental and Climate Action: from Land Grabs to Subtle Forms of Instrumentalization
Case Study 1: Wildlife Paradise Tanzania
Case Study 2: Pyrolysis Stoves for Africa—And the Climate Purse
Case Study 3: Trees for Global Benefits—Instrumentalization Through the Uneven Geographies of Climate Knowledge
Resistance and Regulation
Conclusion
References
9 Climate Finance and the Peace Dividend, Articulating the Co-benefits Argument
Introduction—Climate Finance and the Elusive Peace Dividend
Comparing and Contrasting Gaps in the Climate Finance Literature
Climate Security, Environmental Peacebuilding and the Missing Finance Piece
A Co-benefits Approach to Climate Finance and the Peace Dividend
The UN’s Work on Climate Finance and Peace Co-benefits
Main Findings
The Salience of Conflict and Fragility to Climate Vulnerability and Finance
Beyond a Costs and Co-costs Only Approach
Peace Co-benefits of Adaptation and Mitigation/Access to Energy
Learning by Doing and Intersectoral Partnerships
Co-benefits as a Basis to Define the Peace Dividend of Climate Finance
Conclusions
References
10 Toward Just and Effective Climate Action
Introduction
Labels
Pandemic Thinking
Building Back Better
The Future of Climate Finance
References
Index
