Climate-Related Standards and Multilateral Finance for Development

Charles E. Di Leva
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Charles E. Di Leva: Environmental and International Law Unit, World Bank, Washington, DC 20433, USA

Laws, 2015, vol. 4, issue 4, 1-17

Abstract: This article discusses climate-related standards that development finance institutions establish or apply to projects supported by their investments. It focuses particularly on multilateral development banks given their major role in providing finance to developing countries, where the bulk of the world’s fastest growing emissions are taking place. It looks at proposed and recently adopted standards, as well as different perspectives developed and developing countries have regarding these standards. It also discusses how these standards might be impacted by the evolution of the United Nations Framework Convention on Climate Change (UNFCCC) negotiations and concludes that there will be continuing challenges to implement these standards unless developed countries fulfill their pledge of expected finance.

Keywords: climate finance; multilateral development banks; climate-related standards; climate standards; climate negotiations; UNFCCC (search for similar items in EconPapers)
JEL-codes: D78 E61 E62 F13 F42 F68 K0 K1 K2 K3 K4 (search for similar items in EconPapers)
Date: 2015
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