About
Mobilizing and allocating finance to address the global public goods dimensions of climate change—both emissions reductions and resilience—is one of the great policy challenges of our age. Within the development and climate finance policy communities, most of the attention has focused, understandably, on how to raise the hundreds of billions of dollars that will be needed. After all, if you can’t raise it you can’t spend it. However, one major obstacle in mobilizing climate finance has been a lack of consensus on how new public climate money would be best spent.
The Oct. 9 conference, “How to Spend It (If We Had It): Priorities for Allocating International Climate Change Finance” jointly organized by Center for Global Development, the Korean Development Institute (KDI), and the Center for International Governance Innovation (CIGI), will showcase perspectives from technical experts and policymakers on how to make the best use of international public climate finance. This day-long conference is designed to provide potential solutions to address challenges such as evaluating criteria for country allocations, identifying priorities among sectors and approaches, establishing effective disbursement mechanisms, and exploring innovative financing techniques that can successfully leverage public funds for climate change finance.
Billy Pizer, faculty fellow at the Nicholas Institute for Environmental Policy Solutions, will be among the speakers.