CPDE at COP27
Operationalising effectiveness principles for a fit-for-purpose global climate finance architecture
As the international community seeks to scale up the delivery of climate finance, there is growing interest on how effectiveness principles could be applied to ensure relevance and greater accountability of international climate finance effectively. This paper highlights some of the key issues of interest to the international community in this respect, drawing on insights from the literature on climate finance, and the development community’s experience and lessons in
advocating for aid effectiveness. On this basis, it outlines an initial approach to examine the key
components of effective global climate finance architecture, with reference to the administration and governance and the disbursement and implementation of climate change funding.