scholarly journals A Breakdown of Developed Countries’ Public Climate Finance Contributions Towards the $100 Billion Goal

2021 ◽  
Author(s):  
Joe Thwaites ◽  
Julie Bos

In 2009, as part of the Copenhagen Accord, developed countries committed to collectively mobilizing $100 billion annually in climate finance by 2020 to support developing countries in reducing emissions and adapting to climate change. This commitment is foundational to the “grand bargain” behind the Paris Agreement: that all countries would commit to more ambitious climate action but developing countries would require enhanced support from developed countries to do so. The $100 billion is a collective commitment by developed countries, and meeting it will require them all to do their part. Over the past decade, there have been several assessments of aggregate progress towards the goal, but until now, no data set has attempted to comprehensively break down each country’s full public financial contribution. This technical note aims to fill this gap, increasing transparency and accountability around progress towards the $100 billion commitment by breaking down how much each developed country has contributed in public climate finance between 2013 and 2018, the most recent year for which comprehensive data are available. The individual breakdowns are then used to assess how countries’ efforts compare using a variety of metrics. The methodology for breaking down and analyzing individual country contributions can be applied to future climate finance data. To improve accountability of countries’ contributions towards the $100 billion commitment, this technical note identified several methodological barriers that need to be addressed in future climate finance reporting efforts.

2021 ◽  
Author(s):  
Natalia Alayza ◽  
Molly Caldwell

To meet the Paris Agreement’s long-term goals, it is crucial that developed countries support developing countries in achieving their Nationally Determined Contributions (NDCs) and mobilizing the required climate finance. For this paper, we analyzed the impacts of the COVID-19 pandemic on climate finance and climate action implementation in 17 developing countries, drawing on available information from climate-finance tracking tools, reports, and climate needs assessments. Our analysis shows a decrease in climate finance flowing to developing countries. Most of this funding took the form of loans, and developing countries have reallocated or decreased their domestic climate flows because of the high costs of responding to the pandemic. As a result, climate-related projects have been delayed. Compounding the challenge, some developing countries have had to deal with major natural disasters amid the pandemic. Improved transparency through climate-finance tracking tools could help countries more easily identify their conditional and unconditional climate needs and mobilize and deploy resources more effectively. Climate-finance availability continues to fall short of the required amount of resources to implement developing countries’ NDCs and meet the Paris Agreement goals. The COVID-19 pandemic is widening this gap. Developed countries need to strengthen their commitment to close it by increasing climate finance.


Significance The China-US joint declaration to enhance climate cooperation, made on the final day of the summit, gives cause for optimism, despite bilateral relations worsening overall. China’s low profile at the COP26 climate summit in Glasgow last November should not be taken as indicating that the country is wavering on its commitment to climate action. Impacts There will be strong political pressure within China to meet climate targets ahead of time. China’s announcement that it will no longer finance overseas coal projects is a clear signal of support for the greening of BRI investments. Beijing will continue pushing for developed countries to meet climate finance commitments to developing countries.


2019 ◽  
Vol 11 (01) ◽  
pp. 2050002
Author(s):  
MARÍA VICTORIA ROMÁN ◽  
IÑAKI ARTO ◽  
ALBERTO ANSUATEGI ◽  
IBON GALARRAGA

The Paris Agreement states that from 2020 developed countries will mobilize at least USD 100 billion per year to support climate action in developing countries. The attainment of this objective involves decisions by donor countries about the channel and destination of climate finance disbursements. This paper explores how the spending conditions associated to different disbursement options can affect the opportunities for donors to expand their exports. In particular, using a Multiregional Input-Output Model, it finds that donors have an economic incentive for choosing bilateral channels that enable to tie aid to the detriment of multilateral ones, such as the Green Climate Fund. On the other hand, local content requirements imposed by recipient countries do not substantially affect donors’ exports, since they do not reduce intermediate exports, which represent a relevant share of the total exports generated by the mitigation and adaptation actions analysed.


2017 ◽  
Vol 6 (2) ◽  
pp. 288-314
Author(s):  
Li Zong ◽  
Yixi Lu

AbstractTraditional approach to the issue of “brain drain” and “brain gain” focuses on outflow and inflow of migration of academics and professionals between countries of origins and destinations. It is suggested that, in the international labor market, the developing countries have experienced the problem of brain drain while the developed countries have benefited from brain gain in the process of globalization and international mobility of talent. From this perspective, “brain drain” or “brain gain” is primarily measured by the number of talented people who have “moved in” or “moved out” of a country, but not the extent to which the “brain” has been utilized. This study redefines the notion of “brain drain” by focusing on the actual utilization of professional talents. Previous research findings show that despite attractive Canadian immigration policy and the increasing number of professional immigrants, Canada as a developed country has the problem of “brain waste” due to its systemic barriers such as the devaluation of foreign credentials and non-recognition of foreign work experience for professional Chinese immigrants. At the same time, China as a developing country has benefited from contributions made by highly educated professionals/students returning to their home country through its attractive and rewarding opportunities for those who have attained knowledge and skills from overseas. China has become a model of “brain gain” for developing countries by implementing a series of open and favorable policies to attract top-notch overseas Chinese and foreign talents to help promote the economic development and global competitiveness of the nation.


1993 ◽  
Vol 20 (3) ◽  
pp. 232-242 ◽  
Author(s):  
Sam H. Ham ◽  
David S. Sutherland ◽  
Richard A. Meganck

Interpretation is most effective when its form and content are adapted to the situations in which it will be presented. Although many developed countries have a long and rich tradition of interpretation, the physical, financial, and socio-economic, differences among and within developing nations suggest that this tradition will not always apply there. As our colleagues in developing countries look for interchange and suggestions, the temptation to impose our model—and the difficulty for them to accept it—will be great.Interpreters in developing countries need to pursue a different model—one which gives relative emphasis to interpretation's role in strategic environmental education for target audiences. Though not altogether excluding the visitor service function that is frequently emphasized in US protected areas, interpretive programmes in many developing countries are often included as just one component of country-wide environmental education master-plans aimed at establishing sustainable development as a national ideology.Host countries sometimes accept the conventional model too readily, often because the only available training materials are translated from these sources. When application falls short of expectations, in-country interpreters usually blame themselves or conclude that interpretation ‘just isn't for us—rather than questioning the model they have been handed. Universities must also share some of the responsibility for this sorry state of affairs. International students studying at US or European institutions sometimes return home better prepared to work as interpreters in those countries’ protected areas than in those in their own countries. Trainers and teachers, whether working at home or elsewhere, need to do a better job of listening to their students. They need to learn what it is like to be an interpreter in that student's country, and they need to learn what it is like to be part of the audience. Would we accept anything less of our own mentors and interpretive trainers?Clearly, a superior strategy to exporting our model of interpretation is to assist developing countries in arriving at their own. Over many decades, interpreters in the US and other developed countries have developed a profound knowledge about their craft. Although much of it will not apply everywhere, some of our ideas may have widespread application. The key will be to determine which ones these are. Working with our developed country colleagues, learning with them and through them, we can explore together a range of possibilities that neither of us is able to envision alone. Filtered through our cultures and individual realities, the ideas which have merit will be identified and put to test. Others will be rejected. In the very best scenario, both parties will learn, and sustainable environmental quality will be the result.


2018 ◽  
Author(s):  
Lucas Volman

My dissertation examines compulsory licensing under Article 31 of the TRIPS Agreement by looking at the use of such licensing by developing countries, as well as retaliatory and restrictive measures imposed by developed countries. In doing so, it looks at the right to health, and price and intellectual property considerations for access to medicines in developing countries. It further explores the TRIPS compulsory licensing rules themselves to present compulsory licensing as a legitimate, and at times necessary, policy measure under international law. Then, it examines how compulsory licensing has been used and restricted since TRIPS, and how the compulsory licence relates to voluntary licensing and international free trade agreements, both of which are factors for the development of compulsory licensing strategies in developing countries.


Author(s):  
Parneet Kaur Bhangu

Purpose The purpose of this paper is to analyze variations in the degree of persistence of profitability across diverse economic sectors and industry groups over the time period of 1990-2014 for a sample of top publically listed firms belonging to a selected set of developed and developing economies. Design/methodology/approach Degree of profit persistence has been estimated using Mueller’s (1990) autoregressive methodology. Firms were classified into different economic sectors and industry groups as per the Global Industry Classification Standard (GICS). The examination of inter-sectoral variations in profit persistence has been performed by comparing mean values of estimated short-run and long-run profit persistence parameter for all firms and between firms belonging to the developed and developing countries, respectively. Findings Firms in consumer staples, consumer discretionary and health care enjoy persistent above the norm returns, unlike firms in traditional industries, utilities and energy sectors, which are characterized by low persistence and below the norm returns. A high degree of profit persistence is observed in health care and idea- and technology-intensive sector in the developed countries; however, in the developing countries, profits persist higher in consumer discretionary and capital-intensive telecommunication services sectors. Originality/value The study provides a holistic examination of inter-sectoral variations in profit persistence of top firms in developed and developing economies using a uniform methodology and data set. It can serve as an aid to the competition commissions and anti-trust regulatory authorities to formulate policies for curtailing anti-competitive activities in certain sectors.


2015 ◽  
Vol 83 (4) ◽  
pp. 806-825 ◽  
Author(s):  
André Loozekoot ◽  
Geske Dijkstra

Since 2005, the Public Expenditure and Financial Accountability tool has been widely used in developing countries and emerging economies to evaluate the performance of public financial management systems. In this article, we assess the strengths and weaknesses of the Public Expenditure and Financial Accountability instrument tool for evaluating public financial accountability. We examine the theoretical literature on public accountability in order to derive a suitable normative framework to assess the Public Expenditure and Financial Accountability tool. However, given that this literature is based on experiences in developed countries, we must extend it to also take into account the political cultures and practices in developing countries. Using this extended framework, we assess the Public Expenditure and Financial Accountability indicators related to, in particular, parliamentary committees for financial oversight and Supreme Audit Institutions. We conclude that the Public Expenditure and Financial Accountability tool could devote more attention to the independence of Supreme Audit Institutions, the nature of accountability debates, democratic inclusion and horizontal accountability mechanisms Points for practitioners The Public Expenditure and Financial Accountability tool has been applied in more than 116 countries and its reports offer valuable information for practitioners and researchers around the world. It is the only publicly available data set that measures the performance of financial committees of parliament and Supreme Audit Institutions. The strengths and weaknesses revealed in this article should be taken into account when using the Public Expenditure and Financial Accountability tool for research or for evaluating the quality of financial accountability systems in particular countries. The international financial institutions and donor agencies governing the Public Expenditure and Financial Accountability Secretariat can use the recommendations of this article to further improve the framework.


2014 ◽  
Vol 8 (2) ◽  
pp. 95-98 ◽  
Author(s):  
Mario Alfredo Parra

ABSTRACT Diagnosis of Alzheimer's disease (AD) requires a reliable neuropsychological assessment, but major barriers are still encountered when such tests are used across cultures and during the lifespan. This is particularly problematic in developing countries where most of the available assessment tools have been adapted from developed countries. This represents a major limitation as these tests, although properly translated, may not embody the wealth of challenges that a particular culture poses on cognition. This paper centers on two shortcomings of available cognitive tests for AD, namely, their sensitivity to the educational background and to the age of the individual assessed.


Author(s):  
Eleanor Doyle ◽  
Mauricio Perez Alaniz

Purpose Whereas in developed countries, sustainability primarily focuses on environmental topics, in developing countries the issues of poverty, development and equity are equally, if not more, important. The purpose of this paper is to apply measures of social and environmental sustainability to assess sustainable development for the period 2005–2015 across a sample of 94 countries for which relevant data are available. Countries include two groups: developed and developing countries. Design/methodology/approach Using the index-based approach introduced by the World Economic Forum in its Global Competitiveness Project, a range of indicators are collected for estimating trends in both social and environmental sustainability. For the panel of data identified, a dynamic panel data estimator method is applied to the data set constructed. This paper presents the empirical results identifying key competitiveness factors related to social and environmental sustainability (separately and combining both aspects in a comprehensive sustainability framework). Findings This study explores how sustainable competitiveness offers a comprehensive assessment of the inter-related dynamics of the social, the environmental and economic building blocks of sustainable development simultaneously. Performance impacts are found to differ substantially across two groups of countries depending on their development level. This highlights the challenges in shaping and achieving sustainable development goals. Originality/value To the best of the authors’ knowledge, this research is novel in examining the intersections between economic competitiveness and environmental and social sustainability addressing an identified research gap. In addition, the paper investigates the most important competitiveness pillars focusing on both strengths and weaknesses in sustainable competitiveness across developed and developing countries.


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