ABSTRACT

This chapter focuses on understanding goals and instruments in a more cost-effective way over time, managing some systemic risks and enhancing a pull of factors involved by encouraging parties to establish predictable, transparent and responsive actions, which could include three goals. These are: alignment of climate finance interventions with national development goals; adjustment of the goals and policies aimed at achieving a low-carbon resilient economy; and evaluation of the results. More efforts to address well-defined policies in the solar energy and energy efficiency markets have encouraged climate financing through a variety of domestic and international sources, both public and private. Therefore, an important component of stakeholders, at the national and sub-national levels, could be the development of a clearer sense of opportunities and priorities using both domestic and international finance. The chapter concludes with the lessons learned from the application of the access modalities of the Adaptation Fund.