• 7 things to look out for in the Green Climate Fund

    Green Climate Fund Meeting

    As the Green Climate Fund (GCF) gears up to become fully operational, Oscar Reyes identifies some of the key issues that will shape an institution that is expected to become central in providing international climate finance. The key debates range from the terms on which loans are made and environmental safeguards to the appropriate role for financial sector "intermediaries." But other issues, such as fossil fuel lending and civil society participation, are conspicuous by their absence from the agenda of the Fund's Board and Secretariat.

  • An Introduction to Private Climate Finance

    Reader

    Climate finance is rapidly evolving, with the private sector now being looked at as the source for a majority of funding for climate-related programmes and activities. This introductory course module explores private sector climate finance. It is designed to help civil society groups and campaigners understand the basic concepts and tools behind private sector climate finance by explaining them in non-technical language.

    The module includes a factsheet, presentation and podcast, as well as a case study of the UK government’s Climate Public Private Partnership.

  • COP19 Warsaw: A Climate Justice take on UN talks

    COPapples

    To mark the start of the UN Climate Change Conference (COP19) in Warsaw, Poland, this new series of Climate Justice briefings offering critical perspectives on several key issues: equity, pledge and review, carbon markets, non-market approaches such as global feed-in tariffs, and climate finance.

    We also offer a run-through of some of the best places on the web to follow the UN climate talks.

  • A Glossary of Climate Finance Terms

    Glossary

    Do you speak ‘climate finance’? We've created a glossary for anyone who wants to know their way around the complex language of finance products and institutions related to climate change. The main focus is on terminology relating to private sector climate finance. That's a deliberate choice. With ever more emphasis being placed on ‘leveraging’ private finance - one of the terms we define - we hope to make clear what was at stake in placing ever more reliance on banks, private equity funds and other financial services providers.

  • Understanding Private Climate Finance: A Critical Reader

    Reader

    What does climate change means for the financial sector? And what does financial sector involvement mean for climate change projects? "Understanding Private Climate Finance: A Critical Reader" examines the private sector turn in climate finance through the role of financial liberalization, private sector actors (from banks to private equity funds), public institutions' attempts to “leverage” private investment, carbon markets and public-private partnerships.

Climate bonds

There are various definitions of climate bonds, ranging from those covering any ‘climate themed’ activity (e.g. funding renewable energy infrastructure or public mass transit systems) through to the creation of specific financial instruments called ‘climate bonds’.

Results-based finance

“Results-based financing” (also referred to as “performance-based payment”) is a funding approach where the delivery of finance is made conditional upon the recipient country or company agreeing to outside verification that some agreed objectives have taken place.

Leverage

‘Leveraging’ is used loosely in the context of climate finance, where it refers to public finance (e.g. from international finance institutions) that is used to encourage private investors to back the same project.

REDD +

REDD+ is a scheme that puts a cash value on forests on the assumption that this will result in their preservation and, in turn, a carbon saving. The acronym stands for Reducing Emissions from Deforestation and forest Degradation.