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Deepening readiness for climate finance: the role of the political economy

IIED Briefing, 4 pages
17290IIED
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As the UN prepares to roll out a multibillion-dollar Green Climate Fund, other climate finance initiatives are already reshaping the political landscape in developing countries. New incentives and governance structures have reshuffled priorities and power. Decision makers need to understand these forces in order to deliver plans that all stakeholders will support. Clarity about the actors, ideas and interests that drive decisions — the political economy of climate investments — can help leaders build consensus, avoid obstacles and pick more equitable investments supported by broader constituencies.

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17290IIED