Climate Finance
Project Catalyst has conducted a significant amount of analysis on climate finance. This includes, inter alia, analysis of the so-called ‘fast start’ funding, the need for financial support in developing countries and the institutional framework required to facilitate that funding. The main publications are provided below.
Project Catalyst continues to work on issues related to climate finance and will be producing a number of briefing papers on this topic in 2010.
Publications
- **NEW** From Climate Finance to Financing Green Growth (November 2010) and the 4 page summary show the benefits of green growth and stresses the importance of developing the right policies to support a transition towards the low carbon economy, looking at financing needs of green growth in developing countries, the role of the financing sources identified by AGF report and how the climate finance system should develop over the next decade.
- **UPDATE** Financial Architecture (August 2010): The briefing paper proposes design criteria, mechanisms, and institutions necessary to build an effective architecture for climate finance. Updating previous Project Catalyst analysis this paper reflects the latest policy discussions.
- **NEW** Making Fast Start Finance Work (June 2010). This latest Project Catalyst publication focuses on the sources, needs and priorities of fast start finance.
◘ 4-page briefing paper on Making Fast Start Finance work
- Potential uses of ‘Fast Start’ funding in 2010-12 (December 2009). This document assesses the potential for fast start funding in climate change mitigation and adaptation, and identifies high-impact, ready to go opportunities across the developing world capable of efficiently making use of financial flows over the period 2010-2012.
◘ 4-page briefing paper on fast start funding, produced for the Copenhagen conference
◘ 8-page summary introducing potential institutional design options for fast start funding
- Briefing papers on climate finance
◘ Overall financing needs (December 2009): a 4-page briefing paper on produced for the Copenhagen conference
◘ Climate finance 2010-20 (December 2009), a 4-page briefing paper produced for the Copenhagen conference.
◘ Financial architecture (December 2009), a 4-page briefing paper produced for the Copenhagen conference.
◘ Bunker Fuels: Breaking the Deadlock (December 2009). This 4-page briefing paper was produced for the Copenhagen conference to summarize the importance of bunker fuel regulation both in terms of abatement and raising funds to finance further mitigation and adaptation efforts in the developing world; it summarizes the contention around moving forward on bunker fuel regulation and then proposes a way to break the deadlock.
- Innovative Sources of Climate Finance: Special Drawing Rights (December 2009). This paper provides some background information on Special Drawing Rights (SDRs), outlines how SDRs could be used as a financial mechanism for climate change mitigation and adaptation for least developed countries (LDCs), and highlights some of the open questions and challenges
- Scaling up Climate Finance (September 2009). This document focuses on the ramp up of financing requirements for developing countries over the 2010-20 period and assesses the role carbon markets and public finance can play in meeting that requirement
◘ 8-page summary of this paper
◘ Translations of this summary are available in Spanish, Portuguese, Russian, Hungarian, Polish and Mandarin
- Financing Global Action on Climate Change (August 2009). A focus on the financing requirements and institutional architecture required to support adaptation and mitigation in developing countries.
◘ Translations available in Spanish, Portuguese, Russian and Mandarin
Negotiating text proposals
- Carbon finance - Proposed language for LCA text (December 2009). In the final days of the negotiations in Copenhagen, Project Catalyst proposed modifications to the LCA text in an effort to maximize the results coming out of the negotiations.
Presentations
- Funding requirements of a global climate deal (October 2009). This presentation gives an overview of key Catalyst findings on climate funding requirements as of 5 October 2009.

