• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
Celebrating our 1,000th edition. The climate news you need
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  FEATURED
Soaring Fertilizer Prices Could Deliver ‘Silver Lining’ For Emissions, But Farmers Struggle to Limit Use June 26, 2022
BREAKING: UN Nature Summit, the ‘Paris Conference for Biodiversity’, Moves to Montreal in December June 19, 2022
‘LET’S SUE BIG OIL’: Legal Team Launches Class Action Campaign for B.C. Municipalities June 17, 2022
‘It Could Have Been Any of Us’, Colleague Says, After Brazil Confirms Murders of Bruno Pereira, Dom Phillips June 17, 2022
Infrastructure Gap a ‘Life and Death’ Matter as Northern Canada Warms June 17, 2022
Next
Prev
Home Climate & Society Community Climate Finance

Workshop Explores Role of Provinces, States in International Climate Finance

September 26, 2017
Reading time: 2 minutes

U.S. Air Force photo/Staff Sgt. James L. Harper Jr.

U.S. Air Force photo/Staff Sgt. James L. Harper Jr.

 

There’s both an opportunity and a need for sub-national governments to begin contributing to some of the United Nations’ multilateral climate funds, according to speakers at a workshop in Agadir, Morocco that took place just days before Hurricane Irma flattened Antigua and Barbuda, forcing the island nation’s entire population to evacuate.

“Alternative finance, such as sub-national contributions to multilateral climate finance, can provide a very valuable complement to overall financial flows linked to the climate, in particular when it comes to the needs of developing countries,” Moroccan chief negotiator Aziz Mekouar told the opening session of the workshop. But Oxford Climate Policy (OCP) Managing Director Benito Müller pointed to the difference in “trust intensity”—the “developing country trust gained or lost per dollar contributed or reneged on” by developed vs. developing country donors—as a key factor driving climate finance negotiations.

“I also argued that small multilateral funds are key to the functioning at scale of the overall multilateral financial mechanism in an essential division of labour,” he writes on the OCP blog. “The Green Climate Fund, intended to be the main multilateral climate finance channel, will not function at the intended scale unless it becomes a ‘wholesaler’, outsourcing the funding of micro-activities” to intermediaries in individual countries, or to more specialized bodies like the UN’s Least Developed Countries Fund and Adaptation Fund.

The workshop heard from the Winnipeg-based International Institute for Sustainable Development and from Massachusetts State Sen. Mike Barrett, discussing opportunities for provinces and states to contribute to the international climate finance effort. OCP’s Emilie Parry said a fact-finding tour in California had uncovered “considerable interest in, and good will towards, providing financial support to the multilateral climate funds,” Müller writes. “The main question raised was how, given that there are legal impediments to the California government spending money outside the state.”



in Community Climate Finance, COP Conferences, Environmental Justice, International Agencies & Studies, Severe Storms & Flooding, Small Island States

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

pxhere
Environmental Justice

Environmental Racism Bill Passes Second Reading in House of Commons

June 26, 2022
1
Graco/Facebook
Food Security

Soaring Fertilizer Prices Could Deliver ‘Silver Lining’ For Emissions, But Farmers Struggle to Limit Use

June 26, 2022
2
stockvault
Health & Safety

Animal Agriculture Could Reduce Future Pandemic Risk, UK Researchers Say

June 26, 2022
1

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

The federal government's Cliff Street Power Plant is at the centre of Ottawa's plans to reduce natural gas demand. Photo: PWGSC

EXCLUSIVE: Ontario Regulator Refuses New Pipeline, Tells Enbridge to Plan for Lower Gas Demand

May 30, 2022
5.2k
Jason Woodhead/Flickr

Trans Mountain Pipeline On Track to Lose $600 Million, Parliamentary Budget Officer Finds

June 24, 2022
341
Ben_Kerckx/Pixabay

Plastics Cited as ‘Fossil Industry’s Plan B’ as Guilbeault Announces Partial Ban

June 24, 2022
219
Bruce Reeve/Flickr

Opinion: Ontario’s New ‘Carbon Tax’ Looks Like the One Doug Ford Fought

June 7, 2022
1.6k
eloialferez66/pixnio

Toronto’s New Backyard Homes Will Help Fight Sprawl

June 24, 2022
70
Greg Goebel/Wikimedia Commons

Canadian Pension Board Invests $141M in Chinese Coal Projects, Undercutting Federal Phaseout Policy

July 29, 2020
2.3k

Recent Posts

David/flickr

U.S. Supreme Court Expected to Gut Emission Controls as Climate Scientists Petition for Plan B

June 26, 2022
1
pxhere

Environmental Racism Bill Passes Second Reading in House of Commons

June 26, 2022
1
Graco/Facebook

Soaring Fertilizer Prices Could Deliver ‘Silver Lining’ For Emissions, But Farmers Struggle to Limit Use

June 26, 2022
2
stockvault

Animal Agriculture Could Reduce Future Pandemic Risk, UK Researchers Say

June 26, 2022
1
Gustavo Petro Urrego/flickr

Colombia’s President-Elect Has ‘Ambitious’ Plans to Halt Amazon Deforestation

June 26, 2022
1
Adam E. Moreira/wikimedia commons

Suspend Transit Fares, Not Gas Tax, Climate Advocates Urge Biden

June 26, 2022
1
Next Post
Corn, Jack_wikimedia commons

Managed Transition in German Coal Town Delivers Jobs, Holds Off Right-Wing Surge

The Energy Mix

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Navigate Site

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Follow Us

No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}