The SEI Initiative on Global Finance ended in 2019. You can find a summary of the key results and achievements from the initiative here.
Making finance work for low-carbon and climate resilient development
SEI’s work on international finance and sustainable development has previously focused on the effectiveness, efficiency and fairness of the international climate finance regime, i.e. the mobilisation of international funding on the ground in developing countries to help address climate change.
While this remains an important focus, we also recognise that climate finance – and even the broader flows of Official Development Assistance – represent only a tiny fraction of global financial flows and investments. To really evaluate whether climate finance and ODA are effective in helping countries to prepare for climate change and pursue sustainable development, we also need to understand the behaviour and impacts of much larger flows of finance in the mainstream economy.
Thus, SEI’s work on finance also looks beyond the climate finance agenda, at how the global financial system at large either supports or undermines the societal transitions needed to achieve the goals of sustainable development.
There are some observable shifts in finance that might facilitate incremental steps towards sustainable development, such as a growth in green bonds, large-scale investments in renewable energy and transport systems, high profile campaigns by large institutional investors to divest from fossil fuels, as well as commitments in the G20 to remove fossil fuel subsidies.
But we also know that large volumes of finance continue to undermine the climate change agenda, such as ongoing investments in fossil fuel assets. This raises questions about how well aligned the global financial system actually is with the pursuit globally of sustainable development.
We are centrally interested in the way finance is supporting or undermining the transition to low carbon and climate resilient development, and particularly from the perspective of developing countries. Our work on finance is structured around three inter-related themes:
- The effectiveness of international climate and development finance for developing countries, and ways it might be made more effective and more responsive to the needs of, particularly, the most vulnerable.
- The patterns in mainstream finance that either support or work against the goals of international climate and development finance, including the potential for expanding appetite among mainstream investors so that finance might catalyse the structural transitions needed to achieve sustainable development globally; and
- The effect that financial markets themselves, including issues like increasing “financialisation”, have on global investment patterns and how they influence sustainable development.
Nella Canales and Richard J.T. Klein examine the role the private sector can play in helping agriculture in sub-Saharan Africa to adapt to a changing climate.
- Perspective
- Air
- Climate
- Economy
- Governance
- 15 October 2018
- Sub-Saharan Africa
In 2010–2014, a total of US$748 million in official development assistance focused on responding to climate change flowed to the 15 nations, mainly bilaterally.
- Feature
- Climate
- 30 January 2017
- Pacific islands
A new interactive tool shows how countries address priorities in their nationally determined contributions under the Paris Agreement.
- Perspective
- Climate
- 19 January 2017
The ASEAN countries are looking to scale up and diversify their efforts to build resilience in the agriculture sector.
- Perspective
- Climate
- Land
- Economy
- 18 October 2016
- Thailand
- South-eastern Asia
To realize the ambitions of the Paris Agreement and SDGs we need to “reboot” the finance sector to steer investment onto a low-carbon, sustainable pathway.
- Perspective
- Governance
- Climate
- Economy
- 11 October 2016
Wealthy governments risk inflating the private sector’s contribution to a USD 100 billion target to climate-proof developing countries.
- Perspective
- Climate
- Governance
- 24 November 2015
- Research Fellow
- SEI Headquarters
- @Adis_Dzebo
- SEI Asia
- SEI Affiliated Researcher
- Research Fellow and weADAPT Knowledge Manager
- SEI Oxford
- @jjbarrott
- Research Fellow
- SEI Asia
- @MichaelJBoyland
- Research Fellow
- SEI Headquarters
- @NellaCanalesT
- Senior Scientist
- SEI US
- @KarthaSivan
- Equitable Transitions Program Director
- SEI US
- Research Fellow
- SEI Africa
- @elvinepaxxie
- Research Fellow
- SEI Africa
- Senior Research Fellow
- SEI Asia
- Research Associate
- SEI Headquarters
- @geo_savvidou
Climate vulnerability is only attractive to donors up to a point. This study shows that vulnerable nations are not the most likely to get adaptation funding.
- SEI working papers
- Climate
- Governance
- 17 April 2019
Ecosystem outcomes are of limited importance to almost all projects under this major international climate fund.
- SEI working papers
- Climate
- Land
- 24 April 2019
This working paper outlines key features of the global climate finance landscape, including the potential for overlapping actions and coordination challenges.
- Other publications
- Climate
- Economy
- 9 October 2018
This brief examines how the public sector can most effectively incentivise needed investments in climate change-related mitigation in Africa.
- SEI briefs
- Climate
- 19 April 2018
- Sub-Saharan Africa
Nationally determined contributions (NDCs) were key to reaching the Paris Agreement and will be instrumental in implementing it.
- Journal articles
- Climate
- 1 March 2018
Sub-Saharan African countries have identified agriculture as an adaptation priority, and engaging private actors in projects is recognized as essential
- SEI briefs
- 21 August 2017
- Africa
Different mechanisms for delivering climate finance at the local level, with a focus on case studies in Ethiopia and Kenya
- Other publications
- Climate
- Governance
- 16 October 2017
- Kenya
- Ethiopia
- Other publications
- Energy
- Climate
- 9 February 2018
- India
This report analyses concessional international public flows of climate finance to Indian Ocean and African Small Island Developing States
- SEI working papers
- Climate
- Governance
- 11 December 2017
- Maldives
- Mauritius
Analysis of the performance of the Green Climate Fund, and discussion of whether least developed countries can depend on it
- Other publications
- Climate
- 3 November 2017
- Read in 5 minutes
As connections between people and places intensify, it seems likely that adaptation responses might shift risks and vulnerability between people and places
- Journal articles
- Climate
- 30 October 2017
Determining the amount of climate finance received by each developing country is a difficult task. The Biennial Update Reports should provide information
- Other publications
- Climate
- 19 October 2017
- Read in 5 minutes
Southeast Asia depends on climate adaptation finance to lessen the impact of a warming world on its people and economies. Yet there are barriers to delivery
- Other publications
- Climate
- 12 October 2017
- Read in 5 minutes
- South-eastern Asia
Not all countries have equal capacity to adapt. It is critical that the Paris Agreement’s capacity building provisions are implemented successfully
- Other publications
- Climate
- 5 October 2017
Summary of research done by the Climate Finance Group for Latin America and the Caribbean calling for robust climate finance reporting across Latin America
- SEI briefs
- Climate
- Governance
- 28 September 2017
- Latin America and the Caribbean
The Caribbean region’s small island developing states face considerable threats from climate change, and the costs involved exceed their financial capacity.
- SEI working papers
- Climate
- 20 September 2017
- Latin America and the Caribbean
If the goal of the Paris climate agreement is to be met, all financial flows need to shift dramatically and rapidly.
- Other publications
- Climate
- 6 April 2017
- Nordics
This paper aims to assess how climate change adaptation funds have been legitimized – that is, how they have been justified and made acceptable.
- Journal articles
- Climate
- 22 February 2017
- Asia
Analysis of climate finance flows to Pacific Island states in 2010–2014 and recent data on flows from multilateral climate funds.
- SEI working papers
- Climate
- 25 January 2017
- Pacific islands
Challenges and tensions arise in financing energy infrastructure in sub-Saharan Africa. We explore this through case studies from Tanzania and Zambia.
- SEI working papers
- Energy
- 18 January 2017
- Zambia
- United Republic of Tanzania
- Journal articles
- Climate
- 5 January 2017
- Bangladesh
- Bhutan
- Cambodia
- Pacific islands
- Other publications
- Climate
- Governance
- 28 November 2016
- Kenya
- SEI briefs
- Climate
- 11 October 2016
- Rwanda
- SEI briefs
- Climate
- 19 September 2016
- Other publications
- Climate
- 26 May 2016
- Other publications
- Governance
- Climate
- 26 May 2016
- Europe
- SEI briefs
- Climate
- 26 November 2015
- SEI briefs
- Climate
- 23 November 2015
- SEI briefs
- Climate
- 20 November 2015
- SEI briefs
- Climate
- 12 November 2015
- Norway
- Nordics
- Journal articles
- Climate
- 9 November 2015
- Journal articles
- Land
- Economy
- 28 September 2015
- SEI reports
- Governance
- Climate
- 23 February 2015
- SEI briefs
- Climate
- 20 February 2015
- Denmark
- Nordics
- SEI briefs
- Climate
- 24 November 2014
- SEI briefs
- Climate
- 2 June 2014
- Sweden
- Nordics
- Other publications
- Climate
- 27 March 2014
- Other publications
- Climate
- Economy
- 1 July 2013
- Sweden
- SEI briefs
- Climate
- 22 October 2012
- SEI working papers
- Climate
- 23 May 2012
- Other publications
- Climate
- 2 December 2011
- Other publications
- Climate
- 30 November 2011
- EU
- Europe
- SEI working papers
- Climate
- 25 November 2011
- SEI briefs
- Climate
- 25 November 2011
- SEI working papers
- Climate
- 7 November 2011
- Journal articles
- Climate
- 1 June 2011
- Other publications
- Climate
- 2 May 2011
- Journal articles
- 16 December 2010
- Other publications
- 5 December 2010
- SEI briefs
- 4 December 2009
- SEI reports
- 21 January 2010
Aid Atlas helps users to more easily understand how development funding is being provided, where it is going, and what it’s being used for.
- Tool
- Climate
- Governance
- 11 November 2019
- Africa
- Asia
- Latin America and the Caribbean
The NDC Explorer is an interactive visual tool. It provides transparency and comparability data between countries using data from NDCs and INDCS.
- Tool
- Governance
- 9 April 2018
- Tool
- Governance
- 7 November 2017