The analysis has also drawn heavily from a great body of work from partner organizations, notably the Climate Policy Initiative (CPI) Global Landscape of Climate Finance and Climate Finance Reform Compass with the support of Barbara Buchner and Nicole Pinko, and the Center for Global Development’s MDB Tracker, with the support of Nancy Lee and Samuel Matthews. [...] The work of the IHLEG has been made possible through the partnership with Brookings Institution, and the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science. [...] The analysis indicates that none of the pillars are on track to satisfy the scale of climate finance needs and outlines a series of near-term actions ahead of COP30 to bring the agenda back on track. [...] The essential role of the MDBs has been underlined by all major global processes and bodies who are seeking reform of the climate finance architecture; from the Bridgetown Initiative to the Climate Vulnerable Forum to the 4P. [...] 14 Improve the terms of • IMF has provided enhanced support • G20 and creditors recognise steps to • IFIs and G20 set out agenda and means existing debt and access through the PRGT and the newly address debt have been inadequate, to restructure debt and provide access to low-cost finance to established Resilience and and more needs to be done.
Authors
Related Organizations
- Pages
- 22
- Published in
- United Kingdom
Table of Contents
- November 2024 1
- Acknowledgements 2
- The State of Delivery Progress Report of the Global Climate Finance Agenda 2
- Introduction 3
- Figure 1 State of Delivery of the Climate Finance Agenda 4
- 1. Country-led Investment Push 5
- 2. Debt And Fiscal Space 6
- 3. Concessional Finance 7
- 4. Multilateral Development Banks MDBs 9
- 5. Domestic Resource Mobilisation DRM 10
- 6. External Private Finance 12
- Annex Climate Finance Agenda to COP30 Commitments Actions to be delivered 14
- State of Delivery Progress snapshot on the global climate finance agenda 14
- COUNTRY-LED INVESTMENT PUSH 14
- DEBT FISCAL SPACE 15
- CONCESSIONAL FINANCE 17
- THE ROLE OF MDBs 18
- DELIVERED 18
- DELIVERED. 18
