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161. Climate Finance Effectiveness: Six Challenging Trends

Author:
Beata Cichocka and Ian Mitchell
Publication Date:
12-2022
Content Type:
Working Paper
Institution:
Center for Global Development (CGD)
Abstract:
This paper identifies and explores a number of challenges in using international public climate finance effectively towards contributing to low-carbon and resilient growth in lower- and middle-income countries. We explore key quantitative and qualitative trends in the climate finance architecture, including predictability of disbursements, affordability and concessionality of funding, provider proliferation and project fragmentation, implementation via modalities supporting recipient ownership, and the degree to which climate-related interventions are evaluated. Our research considers these trends against globally agreed principles of development effectiveness, with the aim of improving understandings of both the common and the climate-specific challenges within development finance. Ultimately, we find that climate-related development finance faces a number of challenges relative to other official development flows, including significantly lower disbursement ratios, a higher share of finance provided through debt instruments—and a rising share of loans to lower-income countries assessed as being at high risk of debt distress, a faster pace in proliferation of providers and shrinking project sizes, and fewer efforts to systematically evaluate impacts of interventions. Each of these areas will need to be tackled by public climate finance providers to ensure that the available funding is used towards climate objectives effectively. These and other issues related to the quality of climate finance should also be considered during the design of the new quantitative climate finance target under the UNFCCC to ensure that the structure of the goal promotes accountability and increases recipients’ ability to trust in the climate finance architecture.
Topic:
Climate Change, Environment, International Cooperation, and Resilience
Political Geography:
Global Focus

162. Building a Portfolio of Pull Financing Mechanisms for Climate and Development

Author:
Ranil Dissanayake and Bernat Camps Adrogue
Publication Date:
11-2022
Content Type:
Working Paper
Institution:
Center for Global Development (CGD)
Abstract:
Pull financing is a powerful but underused mechanism for incentivising progress on hard-to-tackle social problems for which innovation or the take-up of innovation may be part of the solution. It should become part of the ongoing landscape for climate and development work. This paper sets out the specific design features for a portfolio of pull financing mechanisms to support the accelerated development of socially valuable innovations with both climate and development implications. It considers the institutional structure required to manage such a novel mechanism, a process for finding and developing a potential application, and the objectives pull financing should pursue. It then looks in detail at seven applications of pull financing in the climate and development space, each selected to illustrate the potential and challenges of the approach. We conclude by setting out how to construct a high-ambition portfolio of pull financing projects that is both tractable and attractive to potential funders.
Topic:
Climate Change, Development, Environment, and Finance
Political Geography:
Global Focus

163. Let Them Eat Carbon

Author:
Vijaya Ramachandran and Arthur Baker
Publication Date:
06-2022
Content Type:
Working Paper
Institution:
Center for Global Development (CGD)
Abstract:
The push for the World Bank and others to link their investments to addressing climate concerns stems from a fear that, unless developing countries take action to decarbonize now, their economic growth will lead to vast emissions that will derail all global efforts to limit climate change. This approach, which treats low- and middle-income countries as a monolith, is unhelpful to the conversation about climate change. To understand better where emissions are concentrated and how to address them, we projected carbon dioxide emissions to 2035—the point at which observers believe they will level off in most countries due to technological advances and accumulating wealth—under some simple assumptions. Emissions from the world’s poorest 64 countries, those which get IDA loans, will remain very low for decades to come, even if their economies grow rapidly and without action to reduce emissions. Pressuring low- and lower-middle-income countries to replace plans for gas power with solar or wind energy will have limited climate benefits compared to replacing coal generation in richer countries. It is just more efficient—and just—to focus on climate mitigation where emissions are high, and on poverty reduction where poverty is high. And given that there is no sign of an increase in aid spending, especially in the poorest countries, rich countries must not cannibalize development aid or reinvent the development finance architecture
Topic:
Climate Change, Environment, World Bank, Finance, Banking, and Green Transition
Political Geography:
Global Focus

164. Going Against the Tide: Towards Binding Environmental Regulation of Mining in Chile

Author:
Johanna Jarvela and Lotta Aho
Publication Date:
04-2022
Content Type:
Working Paper
Institution:
Centre for Business and Development Studies (CBDS), Copenhagen Business School
Abstract:
Mining industry is one of the only industries not subjected to any international environmental agreement. Thus, only national laws, Corporate Social Responsibility, industry standards, and other forms of self-regulation govern the mining industry. However, there are increasing concerns about the sustainability and social responsibility of this business. In Chile, neoliberal policies were implemented to a great extent during ϭϵϳϬ’s and ϴϬ’s and the legacy of these policies was an almost absent environmental regulation until 2010. This makes Chile an interesting case to investigate the workings and consequences of voluntary environmental regulation based on neoliberal paradigm. Whereas multinational corporations largely influence the current development of environmental regulation, and hence it is increasingly based on voluntary measures and industry guidelines, the socio-environmental conflicts have forced Chile to go against the current and move from soft law towards binding regulation. A situation where a country needs to move from non-regulation or fully privatized regulation back towards hard law and command and control has been less investigated than deregulation and different forms of capitalist influence on governance. We wish to address this gap in literature with this study. Based on our findings, we argue that following neoliberal theory in environmental regulation leads to increasing socio-environmental conflicts.
Topic:
Environment, Regulation, Neoliberalism, Mining, and Industry
Political Geography:
South America and Chile

165. States Seek Treaty on Plastic Pollution

Author:
Szymon Zaręba
Publication Date:
07-2022
Content Type:
Working Paper
Institution:
The Polish Institute of International Affairs
Abstract:
With negotiations likely to start later this year, a treaty supported by the United Nations Environment Programme (UNEP) is expected to make it possible to tackle the problem of plastic waste pollution, a transnational problem requiring international cooperation. The challenge will not be its adoption as much as its implementation, as it requires legislative action and investment by countries and business. However, it will benefit especially the environment, biodiversity, and human health. It is in Poland’s interest to negotiate flexible solutions and identify directions for national action.
Topic:
Environment, International Cooperation, Treaties and Agreements, United Nations, Pollution, and Plastic
Political Geography:
Poland and Global Focus

166. Multilateralism Index: Pilot Report

Author:
International Peace Institute
Publication Date:
09-2022
Content Type:
Policy Brief
Institution:
International Peace Institute (IPI)
Abstract:
In the past several years, there has been a much-discussed rise in strain on multilateralism. However, there have been few efforts to quantifiably assess the state of the multilateral system. This Multilateralism Index (MI) report is the first known attempt to do so. It focuses on developments in the system over the past decade, providing a snapshot of its relative strength in 2020 compared to 2010. It seeks to answer questions including: What is the state of the multilateral system? What is working? What is not? And how has the multilateral system changed over time? The MI examines five domains of multilateral coordination: Peace and Security, Human Rights, Environment, Public Health, and Trade. Each domain is evaluated across three dimensions: Participation, Performance, and Inclusivity. Analysis of sixty-five indicators across these domains and dimensions reveals several trends in multilateral cooperation over the past decade: Participation scores for Human Rights, Public Health, and Trade have improved, while the scores for Peace and Security and Environment have deteriorated. Performance scores have deteriorated in four out of five domains. Inclusivity scores have improved across all five domains. These trends shed light on the nature of the crisis of multilateralism. Rather than decreased international cooperation and widespread exit from multilateral institutions, we are seeing a battle over the nature and purpose of the multilateral system—not decay, but transformation. The MI provides a basis for tracking this transformation and informing decision making on the future of multilateralism.
Topic:
Security, Environment, Human Rights, Multilateralism, Peace, Trade, and Public Health
Political Geography:
Global Focus

167. Contingent-Owned Equipment and Environmental Considerations in UN Peacekeeping Operations

Author:
Daniel Forti and Emmanuelle Cousin
Publication Date:
09-2022
Content Type:
Policy Brief
Institution:
International Peace Institute (IPI)
Abstract:
Peacekeeping operations are among the largest contributors to the UN’s environmental footprint, as well as the biggest potential vectors for pollution. Without strong environmental standards, these operations risk not just damaging local environments, but also negatively impacting the health and safety of local populations and compromising the UN’s reputation and legitimacy. The UN has taken steps to improve its missions’ environmental practices, but these efforts have largely focused on the actions of the UN Secretariat and not those of member states. Less attention has been paid to the role of member states, which supply a considerable portion of the equipment used in peacekeeping operations. This issue brief analyzes how environmental considerations have emerged in discussions about UN peacekeeping operations and the financial incentives governing contingent-owned equipment (COE). It provides an overview of UN peacekeeping missions’ environmental footprint and the policies that have emerged in response. It also examines the evolution of environmental issues in the UN General Assembly’s COE Working Group, the dynamics that affect how member states engage in these negotiations, and current best practices for improving environmental standards for COE. The paper concludes by suggesting important points member states should consider in future discussions surrounding the COE framework: Member states will need to expand their focus beyond renewable energy to consider the myriad of ways in which their deployments impact the environment, including waste and pollution. Adjustments to the COE framework hinge on progress both by member states and by the UN Secretariat. Member states would benefit from a dedicated forum for sharing data and best practices on environmentally friendly equipment. The pace of climate change-induced environmental degradation is accelerating, with an especially profound impact on conflict-affected countries. Reducing missions’ environmental footprints is necessary not just to mitigate environmental degradation but also to improve their ability to implement their mandates.
Topic:
Climate Change, Environment, United Nations, and Peacekeeping
Political Geography:
Global Focus

168. The UN Environmental and Climate Adviser in Somalia

Author:
Jenna Russo
Publication Date:
10-2022
Content Type:
Policy Brief
Institution:
International Peace Institute (IPI)
Abstract:
The UN Assistance Mission in Somalia (UNSOM) was among the first special political missions to receive climate-related language in its mandate, reflecting Somalia’s acute vulnerability to the impact of climate change. In 2020, UNSOM also became the first mission to have an environmental and climate adviser deployed to help implement this mandate. The adviser’s work is structured around three pillars: Mainstreaming the environment and climate throughout the mission’s mandated areas of work; Coordinating UN agencies, government actors, and NGOs working on climate across the humanitarian, development, and peacebuilding sectors; and Supporting the government in developing, funding, and coordinating its climate action plans and policies. This issue brief reviews the role of the environmental and climate adviser in Somalia, including their areas of work, successes, challenges, and opportunities for replication in other mission settings. Strong buy-in from both mission leaders and national and regional counterparts has facilitated the adviser’s ability to help the mission implement its mandate relating to climate change, environmental degradation, and other ecological challenges. Furthermore, the adviser has successfully helped to coordinate climate-related work, incorporate strategic analyses into climate-related risk assessments and responses, and liaise with local actors. The adviser has also faced challenges, including the broad scope of work tasked to a single person and the unique set of skills required, as well as the political contention surrounding the concept of climate security. The brief concludes by looking ahead to the growth of environmental and climate advisers in other UN missions and the importance of understanding and addressing interlinkages among climate, peace, and security as the impacts of climate change accelerate.
Topic:
Security, Climate Change, Environment, Peacekeeping, and UNSOM
Political Geography:
Africa and Somalia

169. Toward an Environmental and Climate-Sensitive Approach to Protection in UN Peacekeeping Operations

Author:
Agathe Sarfati
Publication Date:
10-2022
Content Type:
Policy Brief
Institution:
International Peace Institute (IPI)
Abstract:
Environmental degradation, including degradation caused by climate change, armed conflict, or the illegal exploitation of resources, can be a catalyst for violence against civilians. While addressing environmental degradation goes well beyond the mandates of UN peacekeeping operations, missions are increasingly focusing on climate-related security risks, and several missions have environment and climate-related language in their mandates. Overall, however, missions’ work in this area remains ad hoc. This issue brief discusses how peacekeeping operations can better factor environmental and climate-related security risks in planning and implementing protection-related activities. It provides an overview of the impact of environmental degradation on armed conflict and the impact of armed conflict on environmental degradation. The paper then highlights current best practices for considering the environment and climate in protection-related activities in peacekeeping. The brief concludes by suggesting that UN peacekeeping operations include environmental and climate security considerations in their assessment, planning, and implementation of mandated activities related to protection through a whole-of-mission approach and in close partnership with the UN country team and the host government. It also suggests that missions continue exploring opportunities for new approaches, including environmental peacebuilding and mediation.
Topic:
Climate Change, Environment, United Nations, Peacekeeping, Civilians, and Protection
Political Geography:
Global Focus

170. Inventory of data on economic activity and deforestation in the Amazon Basin

Author:
Igarapé Institute
Publication Date:
11-2022
Content Type:
Working Paper
Institution:
Igarapé Institute
Abstract:
Multiple factors shape land change and land use patterns in the Amazon Basin.This note aims to identify data sources for two specific phenomena: changes in land cover and GHG emissions. It also considers key economic sectors that accelerate deforestation including livestock and agricultural development. To this end, the focus is on available data sources across three countries with an analysis of their geographic scope, depth of detail, and the frequency and periodicity with which they are reported.
Topic:
Security, Climate Change, Environment, Economy, Carbon Emissions, and Deforestation
Political Geography:
Brazil, South America, and Amazon Basin