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This paper surveys climate change funds related to Latin American and Caribbean countries and attempts to derive some implications through performance analyses of these funds. These analyses show that the following matters should be addressed: increases in the IDB’s participation as an agent in the projects for the region, enlargement of the scale of co-financing in the IDB-brokered cases as well as in the region, and reinforcement of the linkage between the SECCI Funds and international climate change funds. Further research as to why the level of co-financing in LAC countries is lower than in other regions would also be of interest.
Mobilizing sufficient resources is essential for supporting environmental activities in developing countries, and cofinancing is generally considered an important tool to help developing countries increase the resources they need. Moreover, cofinancing should increase ownership of projects by local authorities while improving accountability. The literature, however, has not explored why certain pr ... (View publication)
Climate change is changing the frequency and intensity of Extreme Weather Events (EWEs), particularly in poor developing countries, and the international community is increasingly suggesting the design of adaptation funds to resolve this situation. Measures of vulnerability and exposure to EWEs are a critical instrument in guaranteeing a transparent, efficient and equitable allocation process in t ... (View publication)
This paper studies the allocation of total disaster risk reduction public spending among regions in Peru. The main objective of this work is to identify the main determinants of the distribution of these resources, and for this purpose an index of historical physical impacts of natural disasters, social vulnerability, and institutional capacity was created. It is found that historical impacts of c ... (View publication)
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