Supporting Nationally Appropriate Mitigation Actions through the Green Climate Fund: Governance capacities and challenges
2014 (English)In: Proceedings of the Forum on Development and Mitigation, Cape Town 2014 / [ed] Jooste, Meagan, Emily Tyler, Kim Coetzee, Anya Boyd, and Michael Boulle, Cape Town: Energy Research Centre, University of Cape Town , 2014, 65-77 p.Conference paper (Refereed)
The Green Climate Fund (GCF), the new operating entity under the Financial Mechanism of the United Nations Framework Convention on Climate Change, is emerging as an innovative multilateral climate finance institution. Among other things, it is commissioned to support developing countries’ project-based and programmatic pursuits to address climate change, including Nationally Appropriate Mitigation Actions (NAMAs). Promising as these ambitions may be, the GCF’s effectiveness in supporting NAMAs hinges on overcoming significant governance challenges. Using perspectives from international environmental law and governance literature, this paper identifies some crucial governance challenges and analyses the capacities granted to the GCF Board in dealing with them. Developed countries expect that support will lead to measured emissions reductions. Developing countries prefer stringent monitoring of support while hesitating to agree on internationally defined NAMA criteria. The GCF will struggle with this balancing act. Absence of concrete criteria for deciding on NAMA support may prompt potential funders to seek other channels for supporting NAMAs. On the other hand, too-rigid criteria may discourage developing countries from submitting NAMA proposals. For the GCF to be effective in incentivising development and diffusion of NAMAs, we argue that the contracting Parties to the Convention will have to forge an institution that has the capacity to balance diverging expectations on NAMAs. Our analysis indicates that the GCF Board has the governance capacity to efficiently deal with this challenging balancing act. Inability to exercise this capacity may result in establishing a strong empty shell for supporting NAMAs.
Place, publisher, year, edition, pages
Cape Town: Energy Research Centre, University of Cape Town , 2014. 65-77 p.
IdentifiersURN: urn:nbn:se:liu:diva-104143ISBN: 978-0-620-59693-0OAI: oai:DiVA.org:liu-104143DiVA: diva2:694645
Development and Mitigation Forum, Cape Town, 27–29 January 2014
FunderSwedish Energy Agency