Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/36752
Authors: 
Neuhoff, Karsten
Fankhauser, Sam
Guerin, Emmanuel
Hourcade, Jean Charles
Jackson, Helen
Rajan, Ranjita
Ward, John
Year of Publication: 
2010
Series/Report no.: 
DIW Discussion Papers 976
Abstract: 
In the Copenhagen Accord of December 2009, developed countries agreed to provide start-up finance for adaptation in developing countries and expressed the ambition to scale this up to $100 billion per year by 2020. The financial mechanisms to deliver this support have to be tailored to country and sector specific needs so as to enable domestic policy processes and self sustaining business models, and to limit policy risk exposure for investors while complying with budgetary constraints in OECD countries. This paper structures the available financial mechanisms according to the needs they can address, and reports on experience with their application in bilateral and multilateral settings.
Subjects: 
Financial mechanism
risk guarantee
development
climate policy
JEL: 
F30
G20
R38
Document Type: 
Working Paper

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