Climate financing and development: friends or foes?

This paper will focus on the concept of additionality in the context of development assistance and climate finance, especially adaptation; analyse the synergies amongst the traditional development activities and adaptation programmes and their complementarity in terms of objectives; lay out some working definitions of additionality and its practical implications; identify the potential sectoral and regional overlaps between ODA and climate finance (based on current spending and future costs); identify different UNFCCC policy proposals on additionality; discuss options for achieving additional resources for climate finance; and define the scenarios arising from the range of definitions on additionality. The paper will then assess the various additionality scenarios on the basis of a number of criteria.

Related Content