How can developing countries take better advantage of the billions of dollars worth of climate finance pledged by donors? The U.N. Development Program hopes to help these countries make informed decisions through a new guidebook based on the agency’s experience in managing climate funds.
The step-by-step guide, dubbed “Blending Climate Finance through National Climate Funds,” was launched Sept. 14 and designed for policymakers, investors and economists in aid recipient countries as well as for donors involved in efforts to address climate change.
“We’re giving governments a recipe on how to access more funding and how to improve management of climate change activities,” Olav Kjorven, UNDP assistant administrator and director of development policy, said. “This guidebook can fundamentally change the way governments plan, finance and deliver on their climate policies.”
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