Getting Climate-Related Conditionality Right
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Description
Conditionality has gotten a bad name in development finance. But it may be rehabilitated by the emerging climate change regime. Mitigating climate change by reducing emissions of greenhouse gases (GHGs) from developing countries will require substantial amounts of capital. Some of that capital will come from individuals or organizations who insist that their funds be used in ways that tend to promote mitigation. In other words, they will insist on conditionality. This raises a number of policyconcerns, including several that are reminiscent of debates about conditionality in other contexts. The first part of this paper provides an overview of existing forms of climate-related conditionality. The second part sets out the main substantive issues involved. The third part considers implications for institutional design and the process by which conditions are formulated.
Source Publication
Climate Finance: Regulatory and Funding Strategies for Climate Change and Global Development
Source Editors/Authors
Richard B. Stewart, Benedict Kingsbury, Bryce Rudyk
Publication Date
2009
Recommended Citation
Davis, Kevin E. and Dadush, Sarah, "Getting Climate-Related Conditionality Right" (2009). Faculty Chapters. 285.
https://gretchen.law.nyu.edu/fac-chapt/285
