Yannick Glemarec UN Multi-Donor Trust Funds
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Institutional Innovations to Address Global Environmental Issues: What has worked and what could work? Yannick Glemarec UN Multi-Donor Trust Funds
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Institutional Innovations to Address Global Environmental Issues: What has worked and what could work?. Yannick Glemarec UN Multi-Donor Trust Funds. Financing Needs for Environment and Climate far exceed current levels of Official Development and Climate Finance. - PowerPoint PPT Presentation
Transcript of Yannick Glemarec UN Multi-Donor Trust Funds
Institutional Innovations to Address Global Environmental Issues: What has worked and what could work?
Yannick GlemarecUN Multi-Donor Trust Funds
Financing Needs for Environment and Climate far exceed current levels of Official Development and Climate Finance
UNDP: Human Development Report 2011/12
Source: Bloomberg New Energy Finance (2013)
Global investment in clean energy
Source: Yannick Glemarec, 2011
Accelerating Investment and Transformative Change
Source: Adapted by Yannick Glemarec from Atteridge and others (2009)
Climate Change Finance: Sources, Agents and Channels
Technical Sector Working GroupsUndertakes sector level programme and financial
prioritization, monitoring and reporting in partnership with government counterparts and sector partners
Steering Committee
Fund Administrator
OtherMinistries I/NGOs Private Sector
Implementation Partners
Pooled Funding Mechanism
Technical Secretariat
Provides day-to-day quality assurance and operational support including coordination, programme development and
assessment, M&E, reporting, visibility, etc
Provides strategic direction and oversight. Establishes policy, operational guidance, allocation criteria, and approves programmes.
Participating Organizations (PO)Initiatives and develops programmes, implements, and monitors and reports on progress in partnership with
government counterparts and other implementing partners PO takes fully accountability for funds received including supplies/contractors
Disbursement Request & Reporting
Contributor 1
Contributor 1
Contributor 1
Contributor 1
Transfer of contributions
Audit[UN IAS
Framework for Auditing MDTFs]
Fund Transfer & Reporting
Policy & Financial De-risking
Performance-
basedPayments
Scaled-up Mitigati
onActions
= +
Domestic Public Finance (National
Climate Funds)
Tax Credits
Carbon Offsets
Public/Private Finance(Tariff premium)
XLeveraged Private
Financial Flows
International Public Finance (Global
Vertical Funds)
International Public/Private Finance
(Carbon Markets)
What Could Work: Market Transformation Approaches & Pooled Funding
