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Evidence Review on Market-Based Approaches to Mitigation and Adaptation
Overview
This evidence review focused on specific market-based approaches that have the potential to scale private sector financing for climate action. The approaches included index-based insurance, payments for ecosystem services, results-based payments, and willingness to pay assessments. It assembled evidence scattered across different actors, silos and sectors. The review highlighted commonalities across the four selected approaches to inform learning within the GCF and, more broadly, across the climate finance landscape. It did this by aggregating findings from existing systematic reviews. This report was limited to causal studies and focused mainly on the second of these two questions: • To what extent have the selected market-based approaches effectively achieved mitigation and adaptation outcomes in developing countries? • What factors influence the effectiveness and efficiency of these market-based approaches in developing countries?Report Details
| Year Published | |
| Theme/s | |
| Joint | No |
| Partner/s | N/A |
| SDG/s | |
| Agency Focal Point | Andreas Reumann |
| Focal Point Email | areumann@gcfund.org |
| Managed by Independent Evaluation Office | Yes |
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Evidence Review on Market-Based Approaches to Mitigation and Adaptation
