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International support for adaptation to climate change has evolved into an intricate system offinancial instruments, including four global funds: the GEF Trust Fund, the Least Developed CountriesFund, the Special Climate Change Fund and the Adaptation Fund. This paper assesses the funds’ technical adequacy from a governance perspective.
Previous research on adaptationfunding focused on the financial adequacy of these global funds, as well as on economic and ethical dimensionsof the funds’ technical adequacy, as reflected by their efficiency and fairness. This paper assesses the funds’ technical adequacy from a governance perspective, as revealed by their responsiveness to the needs of developing countries. These needs are expressed as various forms of guidance on the use of the funds.
The paper analyses the adherence by the GEF to guidance from the UNFCCC Conferenceof the Parties, and the adherence by the Implementing Agencies of the GEF to guidance from the GEF.
It concludes that the funds are not technically adequate for responding to developing countries’ needs,owing both to the complex design of the funds and to poor implementation of the guidance. This finding may be of relevance to the development of additional guidance on the Adaptation Fund, as well as contribute to discussions on the availability of adaptation funding under the GEF Trust Fund and on the roleof the funds under a post-2012 international climate policy regime.
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Team Leader: International Climate Risk and Adaptation; Senior Research Fellow
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Project / This project aims to facilitate a dialogue and document inputs on the ASEAN Declaration on Environmental Rights.
Project / The Resilient Coasts Caribbean Sea project will develop Living Labs for coastal ecosystem management using nature-based solutions.
Feature / SEI researcher Biljana Macura, who stepped into the role of EiC this year, discusses the focus and goals of the journal.
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