This paper explores different mechanisms for decentralizing climate finance to the local level. It focuses on the experiences of a national climate fund – the Climate Resilient Green Economy (CRGE) facility in Ethiopia – and a sub-national one – the County Climate Change Funds (CCCFs) in Kenya.
The paper aims to understand how well these funds take into account the priorities of local communities alongside recognizing and incorporating national climate change policies and development plans. The novelty of the paper lies in understanding the implications of who takes the decisions, in the investment prioritization process and at what level of jurisdiction, along with how those decisions are taken.
The authors discuss and interrogate the appropriate levels of decision-making for decentralizing climate finance.
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