Point Climat no. 19 'Assessing the financial efficiency of the Green Climate Fund: leverage ratios - from theory to practice'

Among the publications of CDC Climat Research, 'Climate Briefs' presents, in a few pages, hot topics in climate change policy. This issue addresses the following points: The Green Climat Fund's first Board meeting was held between August 23 and 25 2012. It is now time to specify how this organisation responsible for financing climate initiatives in developing countries will operate in practise. The current budgetary environment specifically requires the Green Fund to raise private funding in order to boost the efficiency of the public funds received from developed countries. This 'leverage effect' of public finance will need to be accurately defined, and be accompanied by other key indicators, in order to avoid the development of practices that are contrary to the Green Fund's original purpose