Organising Stakeholder Participation in Global Climate Governance: The Effects of Resource Dependency and Institutional Logics in the Green Climate Fund
Jonas Bertilsson
Environmental Values, 2023, vol. 32, issue 5, 555-577
Abstract:
Public or stakeholder participation in environmental governance has been strongly advocated within the United Nations (UN) since the early 1990s. A relatively new mechanism for global climate finance that emphasises stakeholder engagement is the Green Climate Fund (GCF), a UN strategy for channelling funds from the Global North to the Global South. Drawing on previous critical approaches to multi-stakeholder involvement in global governance, this article explores stakeholder involvement within the GCF. The study combines ideas from institutional logics and resource dependency to provide a better understanding of how stakeholder arrangements are shaped in climate organisations. Results show that the GCF stakeholder arrangement favours private sector stakeholders – stakeholders that take a technical and apolitical approach to climate finance – and disfavours smaller, less resourceful stakeholders as well as those who perform a politicised watchdog function.
Keywords: Global climate governance; climate finance; stakeholder participation; institutional logics; resource dependency (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envval:v:32:y:2023:i:5:p:555-577
DOI: 10.3197/096327123X16759401706498
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