Climate Change Trust Funds at the Multilateral Development Banks - Capacities, Complementarities and Potential for Reform
Delivered for Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.
The objective of the project was to elaborate a study to inform the German Ministry of Economic Cooperation and Development (BMZ) on the state of the art of climate change related trust funds (TFs), their challenges and approaches to their improvement in light of the current trust fund reform. It also provided recommendations for the further engagement of BMZ with MDB climate change TFs.For this, a thorough desk review of documents and websites by the WBG, MDBs and other relevant institutions was conducted. Findings from the desk review were complemented with interviews with experts from German donor institutions, professionals working in the MDBs, as well as TF activity implementers in recipient countries.
- Project lead Igor Shishlov
- Expert Axel Michaelowa
Research on innovative finance instruments and tools to address loss and damage caused by anthropogenic climate change in the context of an increasing debt burden in developing countries.
The Gold Standard Foundation (GSF) Defining requirements on claims and additionality under climate finance
Develop a Paris Agreement alignment methodology and assess the Paris alignment of Export Credit Agencies