Transforming Access to Climate Finance
Description
To transform how developing countries access climate finance, in turn supporting implementation of more ambitious and integrated climate action. The programme will offer governments access to faster and more efficient funding to deliver their national climate & development plans. For example, donor climate finance will be coordinated and mobilised to deliver a national strategy (like the UK’s Ten Point Plan for a Green Industrial Revolution); the strengthening of a specific sector (e.g. improving the resilience of the water sector); or delivering a package of policy actions (e.g. for a clean energy transition). This moves away from project-based finance towards the implementation of economy and sector-wide strategies. This ensures that public climate finance responds to country need, minimises duplication and offers a coherent approach. It will encourage confidence to pursue higher climate ambition enabling them to recover faster and deliver climate action at scale.
Location
The country, countries or regions that benefit from this Programme.
Status Implementation
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
Help with participating organisations
Accountable:Organisation responsible for oversight of the activity
Extending: Organisation that manages the budget on behalf of the funding organisation.
Funding: Organisation which provides funds.
Implementing: Organisations implementing the activity.
- Accountable
- Funding
- Implementing
Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.
Policy Marker(s)
ODA measures in relation to their realisation of OECD development policy objectives