Climate Finance

Since the COP in Copenhagen in 2009, there has been a steady increase in climate funds – including domestic, bilateral and multilateral. Major multilateral climate funds include the Green Climate Fund (GCF), the Climate Investment Funds (CIF) and the Global Environment Facility (GEF). The GCF and the GEF are two implementation mechanisms for funding under the United Nations Framework Convention on Climate Change (UNFCCC), with the GEF active since 1992 and the GCF since 2016. The Climate Investment Funds, which include the Clean Technology Fund (CTF) and the Strategic Climate Fund (SCF), were set up in 2008 outside the UNFCCC process to help developing countries finance development for low-carbon, climate-resilient development.

In our work, we evaluate the individual activities of these funds and other climate financing programs. In our central and widely acclaimed study for the Green Climate Fund and the Climate Investment Funds, we highlight synergies and overlaps between the various climate funds. We present our findings in a synthesis report as well as a portfolio analysis and five case studies for individual countries.

We also developed an online climate finance course for the Renewables Academy (RENAC), which is used in online seminars.

For the international climate financing of Germany, we provide our expertise to the Federal Ministry for the Environment in consulting projects such as the the evaluation of individual projects of the International Climate Initiative (IKI).