Accountability at the Green Climate Fund: Taking a Look at the Independent Redress Mechanism

2020 ◽  
Vol 50 (3) ◽  
pp. 165-170
Author(s):  
Siddhanth Prasad ◽  
Malvika Kaushik
Keyword(s):  
Developing Countries ◽  
Soft Power ◽  
Pivotal Role ◽  
Climate Finance ◽  
Green Climate Fund ◽  
Tools And Methods

Given the pivotal role of the Green Climate Fund (GCF) in climate finance and the importance of ensuring that it is accountable to its stakeholders, this analysis takes a look at the GCF’s recently created Independent Redress Mechanism (IRM) – a grievance redress mechanism that entertains complaints from people affected or potentially affected by a GCF project and from developing countries that have been denied funding by the GCF Board. The analysis provides an overview of the tools and methods that the IRM uses to hold the GCF to account and explores some of its procedural innovations. It argues that although the IRM lacks the power to issue binding decisions, it adequately makes up for this through the use of soft power.

scholarly journals Role of Intermediaries in Shaping Climate Finance in Developing Countries—Lessons from the Green Climate Fund

2020 ◽  
Vol 12 (14) ◽  
pp. 5507
Author(s):  
Abrar Chaudhury
Keyword(s):  
Developing Countries ◽  
Climate Finance ◽  
Social Scientists ◽  
Country Ownership ◽  
Mitigation And Adaptation ◽  
Green Climate Fund ◽  
Climate Action ◽  
Using Data ◽  
Set Up

Social scientists are increasingly interested in the processes that give shape to global policy solutions. I investigate the issues of intermediation and the role of intermediaries in climate finance. I use the case of the Green Climate Fund (GCF), a new consortium for dedicated funding set up under the United Nations Framework Convention on Climate Change (UNFCCC) to assist developing countries in responding to climate threats, to ask a fundamental question: What role do intermediaries (GCF-accredited and related entities) play in catalysing climate action through climate finance in these countries? This paper offers three propositions focused on the role of intermediaries in the GCF, and tests these using data from the GCF and the wider literature. The results show a growing dominance of international intermediaries in GCF project development and implementation, the low capacity of national intermediaries to conceive and scale projects, and the mismatch between planned and actual funding allocations. Collectively, these outcomes derail the GCF from its core objectives of promoting country ownership of projects, building capacity of local intermediaries, and equitable allocation of funding between mitigation and adaptation. I offer three learning models to help the GCF and intermediaries capitalise on the early lessons from GCF activities and to scale climate finance effectively in developing countries.

The Madrid International Plan of Action on Ageing: from conception to implementation

2004 ◽  
Vol 24 (2) ◽  
pp. 147-165 ◽  
Author(s):  
ALEXANDRE SIDORENKO ◽  
ALAN WALKER
Keyword(s):  
Developing Countries ◽  
United Nations ◽  
Monitoring And Evaluation ◽  
Active Participation ◽  
Population Ageing ◽  
Pivotal Role ◽  
Systematic Process ◽  
Current Century ◽  
The Impact

The Madrid International Plan of Action on Ageing is the most important United Nations (UN) document on population ageing for 20 years and sets the context for global policies on ageing for the current century. Drawing from the authors' active participation in the preparation of the draft that formed the basis of the Madrid Plan, the primary purpose of this article is to describe the two-year process of development of the Plan. Then the main features of the Plan are outlined, including the pivotal role of the society for all ages concept and its thematic foundations. The Madrid Plan is contrasted with its Vienna predecessor of 20 years earlier – the priority given to developing countries in the former is identified as one of the key differences between them. Following a brief outline of the implementation and monitoring processes for the Madrid Plan, a model is presented as a potential template for use in evaluating the impact of the Plan and, especially, its effectiveness in improving the conditions of older people's lives. It is argued that a systematic process of monitoring and evaluation is required if the Plan is not to suffer the fate of being regarded as yet another worthy ‘wish list’.

Role of Forensic Nurses in the mortuary and postmortem examination

2020 ◽  
Vol 6 (01) ◽  
Author(s):  
RK. Gorea
Keyword(s):  
Developing Countries ◽  
Developed Countries ◽  
Postmortem Examination ◽  
Pivotal Role ◽  
Forensic Nursing ◽  
Nursing Science ◽  
The World ◽  
Fast Pace ◽  
The Developed Countries

Forensic nursing science is a developing at a fast pace in the developed countries of the world and the forensic nurses have gained valuable roles in the different departments. Mortuary services are often in a state of neglect in the developing countries especially the postmortem examination. Mainly this is due to lack of assistance to forensic physicians by educated and trained professionals. Forensic nurses can do a variety of roles to improve the functioning of the mortuaries. Role of forensic nurses in the postmortem examination and upkeep of the mortuaries is essential and it is emphasized that forensic nurses can play a very pivotal role in the functioning of the mortuaries.

scholarly journals Mobilizing private adaptation finance: lessons learned from the Green Climate Fund

2021 ◽  
Vol 167 (3-4) ◽  
Author(s):  
P. P. Stoll ◽  
W. P. Pauw ◽  
F. Tohme ◽  
C. Grüning
Keyword(s):  
Private Sector ◽  
Lessons Learned ◽  
Market Imperfections ◽  
Vulnerable Groups ◽  
Climate Finance ◽  
Efficient Manner ◽  
Green Climate Fund ◽  
Positive Externalities ◽  
Private Sector Engagement

AbstractThe mobilization of effective private sector engagement is considered to be critical to address the adaptation challenge, but literature demonstrates that it has proven difficult. In the context of international climate finance, the focus has been on mobilizing private finance for adaptation and in addressing barriers that prevent investments from materializing. In contrast, this article identifies options to engage the private sector in adaptation beyond finance and focuses on market imperfections instead of barriers. This moves the focus away from simply mobilizing more private adaptation finance towards identifying market forces that innovate, engage, and direct investments towards adaptation. The Green Climate Fund (GCF) and its portfolio of 74 adaptation projects serve as a case study. Two of these projects are categorized as private sector projects and an additional nine mobilize private co-finance or non-financial private contributions. Beyond these two indicators, we demonstrate that an additional 60 projects engage the private sector in other ways, thus indicating the important broader role of the private sector in adaptation. Furthermore, our ordinal regression demonstrates that by addressing the market imperfections of positive externalities, imperfect financial markets, and incomplete and/or asymmetric information, all have a significant positive effect on private sector engagement in the GCF’s adaptation portfolio. Both findings indicate that there is a large potential for the GCF—and other climate finance providers—to increase private sector engagement in adaptation. It must be noted, however, that the mobilization of private sector engagement in adaptation is a means to an end, not an end in itself. The main aim should be to adapt society as a whole in an efficient manner, including the most vulnerable groups and people.

mrv of Emissions and Mitigation Action: the Paris Agreement and Financial Support for Transparency-Related Capacity Building in Developing Countries

Climate Law ◽  
2020 ◽  
Vol 10 (3-4) ◽  
pp. 308-334
Author(s):  
Chrysa Alexandraki
Keyword(s):  
Developing Countries ◽  
Capacity Building ◽  
Financial Support ◽  
Institutional Arrangements ◽  
Paris Agreement ◽  
Climate Finance ◽  
Developed Country ◽  
Mitigation Action ◽  
Financial Contributions

Abstract This article examines the role of the Paris Agreement in enabling developed-country financial contributions aimed at building transparency-related capacity in developing countries. It first analyses the legal means and institutional arrangements utilized by the Agreement to support developing countries in building transparency-related capacity. It then argues that even though the Agreement adopts certain legal and institutional means to foster transparency-related capacity building in developing countries through financial support, it does so in a way that risks undermining the meaningful and accountable use of climate finance, while softening the bindingness of the Agreement’s provisions. The lack of accountability obligations on climate finance for developing countries, the principle of flexibility, and the challenges intrinsic to climate finance, combine to weaken the climate-finance obligation, while calling into question the effectiveness of the Agreement.

scholarly journals Mobilising Private Adaptation Finance: Lessons Learned From the Green Climate Fund

2021 ◽  
Author(s):  
Farah Tohme
Keyword(s):  
Private Sector ◽  
Lessons Learned ◽  
Market Imperfections ◽  
Climate Finance ◽  
Efficient Manner ◽  
Green Climate Fund ◽  
Positive Externalities ◽  
Private Sector Engagement

Abstract The mobilisation of private sector engagement is considered to be critical to address the adaptation challenge, but literature demonstrates that it has proven difficult. In the context of international climate finance, the focus has been on mobilising private finance for adaptation, and in addressing barriers that prevent investments from materialising. In contrast, this article identifies options to engage the private sector in adaptation beyond finance and focuses on market imperfections instead of barriers. This moves the focus away from simply mobilising more private adaptation finance towards identifying market forces that innovate, engage and direct investments towards adaptation. The Green Climate Fund (GCF) and its portfolio of 67 adaptation projects serve as a case study. We demonstrate that 79 per cent of the GCF projects engage the private sector in ways that go beyond co-finance or project development, thus indicating the important broader role of the private sector in adaptation. Furthermore, our ordinal regression demonstrates that addressing the market imperfections of positive externalities, imperfect capital markets, and incomplete and/or asymmetric information all have a significant positive effect on private sector engagement in the GCF’s adaptation portfolio. Both findings indicate that there is a big potential for the GCF - and other climate finance providers - to increase private sector engagement in adaptation. However, the mobilisation of private sector engagement in adaptation is a means to this end, not an end in itself. The main aim should be to adapt society as a whole in an efficient manner, including the most vulnerable people.

Examining multi-dimensional trust of technology in citizens’ adoption of e-voting in developing countries

2020 ◽  
pp. 026666692090281
Author(s):  
Yu-Qian Zhu ◽  
Anik Hanifatul Azizah ◽  
Bo Hsiao
Keyword(s):  
Developing Countries ◽  
Pivotal Role ◽  
Intention To Use ◽  
Significant Determinant ◽  
Comprehensive Understanding ◽  
Perceived Risks ◽  
Trust In Technology

Prior research has highlighted the pivotal role of trust in the adoption of e-voting. However, trust as a construct has generally been studied without clear specifications of its underlying dimensions. As part of building a more comprehensive understanding of trust in e-voting, we propose and validate the underlying dimensions of trust in technology to be security, usability, privacy and validity. In an application to e-voting, we propose that greater trust in its technology could mitigate its perceived risks, and lead to higher intentions to use e-voting. To test our model, we collected data from 426 voters in East Java province, Indonesia. The findings confirmed the validity of all proposed dimensions of trust of technology. Trust of technology is a significant determinant of intention to use e-voting. Trust of technology also indirectly influences intentions to use e-voting through perceived risks.

On retroeconomy

2017 ◽  
pp. 148-159
Author(s):  
V. Papava
Keyword(s):  
Developing Countries ◽  
Detrimental Effect ◽  
International Competition ◽  
The World ◽  
The Government ◽  
Role Of The Government

This paper analyzes the problem of technological backwardness of economy. In many mostly developing countries their economies use obsolete technologies. This can create the illusion that this or that business is prosperous. At the level of international competition, however, it is obvious that these types of firms do not have any chance for success. Retroeconomics as a theory of technological backwardness and its detrimental effect upon a country’s economy is considered in the paper. The role of the government is very important for overcoming the effects of retroeconomy. The phenomenon of retroeconomy is already quite deep-rooted throughout the world and it is essential to consolidate the attention of economists and politicians on this threat.

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