Climate- and Sustainable Finance

The present discussion paper describes why early pledges for the Green Climate Fund (GCF) are important for early action – hence a timely start of project support – of the GCF. Of course, each donor country decides for itself when it perceives a fund to be ready and sufficiently trustworthy for funding and each donor country will probably have its own set of items it wants to see addressed before it can pro-vide pledges. Nevertheless, this short discussion paper looks at the interdependence between the need for early pledging for the GCF and the necessary progress of the GCF operationalization process.

In response to the launch of the OECD "Adaptation Marker" in 2010 and the first complete Creditor Reporting System dataset published in March 2012, this paper ex-amines the credibility of the marker. Our assessment reveals that far less projects than the donor countries reported are in fact relevant to what can be considered climate change adaptation.

This discussion paper addresses and raises different questions regarding what kind of private finance could be included in the 100bn USD of climate finance, which developed countries committed to mobilize annually by 2020.