Are We Nearly There?- Bridging UK supported funds and a post 2012 climate architecture

Report

Are We Nearly There?- Bridging UK supported funds and a post 2012 climate architecture

by Bretton Woods Project- Bond, Development and Environment

A number of 'pilot' funds are underway to develop climate related interventions in key sectors. Significant UK financing has been dedicated to these funds, primarily through the World Bank, and has served in both designing them and leveraging funding from other donors.

It is critical, for reasons of practicality and trust, that these pilot programmes can be seen as building blocks towards an appropriate post 2012 financial architecture. Based on an emerging civil society consensus this paper highlights the form that this architecture should take, what development models it should build upon and what technological approaches it should encompass while evaluating existing climate funds.