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 […]

There has been a great deal of confusion since the Copenhagen Accord was agreed as to what the provisions relating to finance actually mean. In this briefing note, we address the following issues: a. Whether the wording in paragraph 8 of the Copenhagen Accord binds countries under international law; b. whether a “pay by results” […]