1 Paul Steele 17/3/15 DOCUMENT TITLE Author name Date Author name Date

2 Paul Steele 17/3/15 DOCUMENT TITLE Climate finance: no definition Public and Private National and International Adaptation to climate and Mitigation of emissions National finance is largest, but international public finance important – especially for adaption in Least Developed Countries (LDCs)

3 Paul Steele 17/3/15 DOCUMENT TITLE International Public Finance for Climate & Development All climate IPF counted as ODA Climate IPF in 2013 was $23 billion or 17% of total bilateral ODA IPF for adaptation & development: inseparable IPF for climate mitigation only in middle income countries was $8 billion or 6% of bilateral ODA This benefits OECD countries, and is not for poor IPF for climate mitigation in MICs should not be counted as ODA

4 Paul Steele 17/3/15 DOCUMENT TITLE Source: ODI, “Age of Choice” Existing development/climate finance framework: Parallel systems MoF line ministries service utilities Bilateral C Bilateral B Multilateral B CC fund B CC fund C a a b b c c Non DAC DAC Private sector Private sector

5 Paul Steele 17/3/15 DOCUMENT TITLE Climate An integrated sustainable development finance framework? National budget AJ KB C D E F G H National development plan SDGs DRR Public financial management Funders Domestic finance Domestic revenue raising potential (e.g. tax collection) “Mainstreaming” or integrating into national priority setting Multilateral Disaster Risk Reduction