At cross-purposes: subsidies and climate compatible investment

Promoting Effective Climate Finance: ODI is building an evidence base on climate finance delivery and management through a number of country case-studies. How climate finance is accessed, managed and then spent in ways that effectively reduce vulnerability, promote development and gender equity, and reduce greenhouse gases represents a major challenge for national governments as well as the international community. The tracking of this finance, at both the international and national level, faces the problem that climate-related actions are difficult to identify with precision, and this lack of clarity leads to uncertainty over estimates of spending. This series of papers explores the concept of ‘climate finance ’ and proposes pragmatic ways forward that will strengthen the policy debate. Publication in this series