Information for climate finance accountability regimes: Proposed framework and case study of the Green Climate Fund

• Published in: Public administration and development 2022-12, Vol.42 (5), p.261-280
• Main Authors: Basak, Rishi, Karlsson‐Vinkhuyzen, Sylvia, Termeer, Katrien J. A. M.
• Format: Article
• Language: English
• Subjects: Accountability; accountability information assessment framework; accountability regime; Case studies; civil society engagement; Climate change; Climate finance; Finance; Green Climate Fund; Information; International finance; performance information; performance measurement
• ISSN: 0271-2075; 1099-162X
• DOI: 10.1002/pad.2000

This paper addresses the role performance information plays in the accountability regimes of international climate change financing institutions and how this can be improved. It has been argued that the quality of the performance information of projects financed by public and private sources, as well as how that information is used, influences decisions made by the various actors in the accountability regimes, including the ability to hold actors to account. A theory‐based framework is developed to analyze and enable the improvement of the information produced and used in climate finance accountability regimes. The framework is tested by applying it to the Green Climate Fund via document analysis and key informant interviews. With the help of the framework, gaps are identified, and improvements are suggested so that account holders and account givers can better fulfill their respective roles in the given accountability regime.