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- W1522019999 abstract "International support for adaptation to climate change has evolved into an intricate system of financial instruments, including four global funds: the GEF Trust Fund, the Least Developed Countries Fund, the Special Climate Change Fund and the Adaptation Fund. Previous research on adaptation funding focused on the financial adequacy of these global funds, as well as on economic and ethical dimensions of the funds’ technical adequacy, as reflected by their efficiency and fairness. This paper assesses the funds’ technical adequacy from a governance perspective, as revealed by their responsiveness to the needs of developing countries. These needs are expressed as various forms of guidance on the use of the funds. The paper analyses the adherence by the GEF to guidance from the UNFCCC Conference of the Parties, and the adherence by the Implementing Agencies of the GEF to guidance from the GEF. It concludes that the funds are not technically adequate for responding to developing countries’ needs, owing both to the complex design of the funds and to poor implementation of the guidance. This finding may be of relevance to the development of additional guidance on the Adaptation Fund, as well as contribute to discussions on the availability of adaptation funding under the GEF Trust Fund and on the role of the funds under a post-2012 international climate policy regime." @default.
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- W1522019999 title "The Global Environment Facility : Funding for Adaptation or Adapting to Funds?" @default.
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