Transparency in climate finance after Paris: Towards a more effective climate governance framework

Felicity Deane, Evan Hamman

Research output: A Conference proceeding or a Chapter in BookChapterpeer-review

1 Citation (Scopus)

Abstract

The Paris Agreement charts a new course for measuring, reporting, verification (MRV) of State obligations with the intensification of the emphasis on the criterion of transparency. This is, in part, responsive to modern debates in regards to environmental law generally and climate law in particular. Transparency is crucial to the success or failure of climate mitigation and adaption regimes because climate governance is intimately connected to the ideals of deliberative democracy, public participation, and the rule of law. The Paris Agreement thus presents a ground-breaking and important point in time for both developed and developing States. Aligned with this requirement is the desire to increase the amount and flow of ‘climate finance’ from developed to developing states. The associated need for transparency in funding flows has been raised in part through the accusations of misused or inadequate funds, ‘tied’ funding and double counting. Though there are new informational requirements placed on states in the Paris Agreement, they also present considerable practical challenges. The purpose of this chapter is to analyse the principle of transparency in climate finance and to chart the direction of the associated informational requirements in light of the measures agreed at Paris.

Original languageEnglish
Title of host publicationIntellectual Property and Clean Energy
Subtitle of host publicationThe Paris Agreement and Climate Justice
EditorsMatthew Rimmer
PublisherSpringer Nature Singapore
Chapter3
Pages69-92
Number of pages24
ISBN (Electronic)9789811321559
ISBN (Print)9789811321542
DOIs
Publication statusPublished - 1 Jan 2018
Externally publishedYes

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