There is broad consensus that limiting global warming to well below 2 degrees Celsius requires a peak in carbon emissions by 2020, a stable and steep decline through 2050, and close to net-zero emissions after mid-century.

As governments and development finance institutions scale up delivery of climate finance commitments, the question of how to measure and ensure additionality becomes increasingly important.

The combined challenges of energy access and climate change present major needs for clean energy investment. The Paris Agreement and United Nations’ Sustainable Development Goals, negotiated in 2015, represented an inflection point for moving from talk to action in order to address two of the world’s most important challenges.

The global climate finance landscape has changed significantly since the establishment of the Climate Investment Funds (CIF) in 2008. New institutions have come to the fore, countries’ economic circumstances and investment needs have evolved, and climate-related risks have become clearer.

As Parties to the United Nations Framework Convention on Climate Change (UNFCCC) design a post-2020 climate agreement and establish their national contributions within it, the question of progress toward existing climate finance targets has become a sticking point.

The Copenhagen Accord calls for a collective commitment by developed countries to provide

The commitment to provide new finance in support of climate change actions in developing countries was one of the few areas where tangible progress was made at the Copenhagen COP meeting. In light of this, securing a system that supports such financial flows to developing countries is an immediate challenge

This paper will focus on the concept of additionality in the context of development assistance and climate finance, especially adaptation; analyse the synergies amongst the traditional development activities and adaptation programmes and their complementarity in terms of objectives; lay out some working definitions of additionality and its practical implications; identify the potential sectoral an

The Little Climate Finance Book is a companion piece to the Global Canopy Programme