Financing climate adaptation with a credit mechanism: Initial considerations

Climate Policy

Volumn 12, Issue 2, 2012, Pages 187-197

  Schultz, Karl Harvey ^a  

^a Climate Mitigation Works Limited   (United Kingdom)

Author keywords

adaptation finance; adaptation policy; Climate Investment Funds; economic efficiency; financial mechanisms; market mechanisms

Indexed keywords

CAPITAL FLOW; CLIMATE CHANGE; CLIMATE EFFECT; CREDIT PROVISION; DEVELOPING WORLD; ENVIRONMENTAL POLICY; FINANCE; INVESTMENT; RESOURCE ALLOCATION; VULNERABILITY;

EID: 84860723268     PISSN: 14693062     EISSN: 17527457     Source Type: Journal    
DOI: 10.1080/14693062.2011.605563     Document Type: Article

References (25)

1. Adam, D. 2010. Climate fund "recycled" from existing aid budget, UK government admits. Move appears to contradict repeated government pledges that climate aid would be additional to existing aid programmes. The Guardian, 25 January [available atwww.guardian.co.uk/environment/2010/jan/25/climate-aid-uk-funding
2. Adger, N., Huq, S., Brown, K., Conway, D. and Hulme, M. 2003. Adaptation to climate change in the developing world. Progress in Development Studies, 4(3): 179-195.
3. Agrawala, S. and Carraro, M. 2010. "Assessing the Role of Microfinance in Fostering Adaptation to Climate Change". Paris: Organisation for Economic Co-operation and Development. Environment Working Paper No. 15
4. Agrawala, S., Crick, F., Jetté-Nantel, S. and Tepes, A. 2008. "Empirical estimates of adaptation costs and benefits: a critical assessment". In Economic Aspects of Adaptation to Climate Change: Costs, Benefits and Policy Instruments, Edited by: Agrawala, S. and Fankhauser, S. 29-84. Paris: Organisation for Economic Co-operation and Development.
5. Baca, M. 2010. Call for a pilot program for market-based adaptation funding. International Law and Politics, 42: 1337-1381.
6. Baumol, W. J. and Oates, W. E. 1971. The use of standards and prices for protection of the environment. Swedish Journal of Economics, 73: 42-54.
7. Brown, J. and Kaur, N. 2009. "Financing adaptation: matching form with function". London: Overseas Development Institute. Background Note
8. Bührs, T. 2010. "Sharing the Atmosphere: A Proposal for an Equitable and Sustainable Global Trading Scheme for Greenhouse Gas Emissions". Warwick, UK: Department of Politics and international Studies, University of Warwick. Working Paper 264/10, Center for the Study of Globalisation and Regionalisation
9. Climate Funds Update. 2011. "Overall distribution of funds: December 2010". Climate Funds Update. [available at www.climatefundsupdate.org]
10. Fast Start Finance. 2011. "Contributing Countries". The Netherlands: Fast Start Finance. [available at: www.faststartfinance.org/content/contributing-countries]
11. Hamilton, K. and Fay, M. 2009. A changing climate for development. Finance & Development, 46(4): 10-12.
12. Hellmuth, M.E., Osgood, D.E., Hess, U., Moorhead, A., Bhojwani, H. (eds), 2009, ANNEX Index Insurance and Climate Risk: Prospects for Development and Disaster Management, Technical Report 10-10, Climate and Society No. 2, International Research Institute for Climate and Society (IRI), Columbia University, New York, NY
13. IEA (International Energy Agency). 2009. World Energy Outlook-2009, Paris: Organisation for Economic Co-operation and Development/International Energy Agency.
14. Moser, C. and Satterthwaite, D. 2008. "Towards Pro-poor Adaptation to Climate Change in the Urban Centres of Low-and Middle-Income Countries". London: International Institute for Environment and Development. Climate Change and Cities Discussion Paper 3, Human Settlements Discussion Paper Series
15. Parry, M., Arnell, N., Berry, P., Dodman, D., Fankhauser, S., Hope, C., Kovats, S., Nicholls, R., Satterthwaite, D., Tiffin, R. and Wheeler, T. 2009. Assessing the Costs of Adaptation to Climate Change: A Review of the UNFCCC and Other Recent Estimates, London: International Institute for Environment and Development and Grantham Institute for Climate Change.
16. Point Carbon. 2011. Point Carbon's OTC Price Assessments, Oslo, Norway: Point Carbon. [available at www.pointcarbon.com]
17. Stavins, R. 2003. Experience with market-based environmental policy instruments. Handbook of Environmental Economics, 1: 355-435.
18. Tietenberg, T. 1985. Emissions Trading, an Exercise in Reforming Pollution Policy, Washington, DC: Resources for the Future.
19. Tietenberg, T. 2002. "The Tradable Permits Approach to Protecting the Commons: What Have We Learned?". Venice, Italy: Fondazione Eni Enrico Mattei (FEEM). Working Paper No. 36
20. UN. 1992. Report of the United Nations Conference on Environment and Development (Rio de Janeiro, 3-14 June 1992). Annex I: Rio Declaration on Environment and Development, New York: A/CONF.151/26 (Vol. I), United Nations. [available at www.un.org/documents/ga/conf151/aconf15126-1annex1.htm]
21. UN. 2010. Report of the Secretary-General's High-Level Advisory Group on Climate Change Financing, New York: United Nations. [available at www.un.org/climatechange/agf]
22. UNEP Risoe, 2010, CDM/JI Pipeline Analysis and Database, United Nations Environment Programme Risoe Centre on Energy Climate and Sustainable Development, Roskilde, Denmark [available at www.cdmpipeline.org]
23. UNFCCC. 2009. Report of the Conference of the Parties on its Fifteenth Session, held in Copenhagen from 7 to 19 December 2009. Addendum. Part Two: Action Taken by the Conference of the Parties at its Fifteenth Session FCCC/CP/2009/11/Add.1, United Nations Framework Convention on Climate Change,Bonn, Germany [available at http://unfccc.int/resource/docs/2009/cop15/eng/11a01.pdf]
24. UNFCCC. 2011. "Approved Methodologies by Scope". Bonn, Germany: United Nations Framework Convention on Climate Change. [available at http://cdm.unfccc.int/Statistics/Methodologies/ApprovedMethPieChart.html]
25. WRI. 2010. "Climate Analysis Indicators Tool (CAIT)". Washington, DC: Version 3.0, World Resources Institute. [available at http://cait.wri.org]