Introduction to Results Based Climate Finance (RBCF)

Course

Self-paced e-learning

Other Partner

Offered by

World Bank Group

World Bank Group – Open Learning Campus

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Course details

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Length
2 week
Effort
1-2 hours per week
Level
Introductory
Language
English
Region
World
Certificate
Yes

Course summary

This course introduces the basic concepts and provides examples in order to advance understanding of the specifics and complexities surrounding the Results Based Climate Finance.

Topics

Sustainable Development Goals
Climate action

About this course

Implementation of the Paris Agreement will unlock further investment flows by national, regional and international public and private entities for funding initiatives to support climate change mitigation and adaptation and support climate resilience. After the COP21 and the Paris Agreement, results based approaches for financing climate action have come again into focus in international development discussions as governments look for ways to put a price on carbon, improve aid effectiveness, advance institutional capacity, improve transparency, increase ownership of implemented programs, and improve monitoring capacity in order to ensure long term sustainability of initiatives. This course introduces the basic concepts and provides examples in order to advance understanding of the specifics and complexities surrounding the Results Based Climate Finance.

Target audience

The course is targeted toward finance practitioners from public and private sector, climate and carbon finance specialists, investment professionals, government policy-makers and planners, and other audience interested in financing climate change mitigation, adaptation and supporting climate resilient development. It provides basic theoretical information about using results based finance for achieving different development objectives, as well as examples of RBCF programs implemented by various organizations to support climate action and development. It can also serve as a valuable resource for policy-makers developing climate action programs/projects in the specific context of national sustainable development goals and priorities.

Learning objectives

After the completion of the course, participants will be able to understand the concepts, specific advantages and limitations of the RBCF, and offers answers and suggestions for using this instrument in climate and development finance.