This Legal Response Initiative briefing paper examines approaches for binding financial arrangements in the context of a new legal instrument on climate change.  Written by LRI Executive Director, Christoph Schwarte, and by David Rossati from Edinburgh Law School, the briefing offers four possible draft provisions on binding commitments for resource …

Is there anything in the GCF Governing Instrument (or anywhere else) which would prevent the GCF Board (as legal entity) to create a new trust fund in the way the GEF, or rather the Bank created the LDCF and the SCCF (through Trust Fund Administration Agreements)? Summary:  Neither the Governing Instrument of the Green Climate […]

One issue that is likely to be important at COP16 in Cancun relates to the creation of a new fund or a finance board (or both) to govern and distribute new finance flows. In this briefing paper, we set out general background information in relation to the following issues which may be useful to delegates […]

This briefing paper sets out the definition of official development assistance (ODA), the legal status of ODA targets and countries’ current levels of ODA.

This briefing note sets out, at a very high level, some of the key points relating to the provision of the long‐term finance and whether this money will be ‘new and additional. In particular, it addresses the following points: a) the correct interpretation of the wording “mobilizing jointly $100 billion a year by 2020”as set […]