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The special climate change fund: origins and prioritisation assessment

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  • Suraje Dessai

Abstract

The Special Climate Change (SCC) fund was established by the Marrakesh Accords under the United Nations Framework Convention on Climate Change. This fund will finance climate change activities in the areas of: adaptation, technology transfer, certain specific sectors, and activities to assist oil-exporting countries diversify their economies. These activities are to be complementary to those funded by the Global Environment Facility and by bilateral and multilateral funding. This paper describes the origins of the SCC fund and proposes a framework for the prioritisation of its activities. The fund has a complicated history that is intrinsically linked to numerous Convention issues, which explains the range of activities included in it. The framework proposed is based on certain principles: sound scientific knowledge, the ultimate objective of the Convention, "common but differentiated responsibilities and respective capabilities" and the status of the climate negotiations. This appraisal suggests that the fund should prioritise adaptation, followed by mitigation and finally economic diversification.

Suggested Citation

  • Suraje Dessai, 2003. "The special climate change fund: origins and prioritisation assessment," Climate Policy, Taylor & Francis Journals, vol. 3(3), pages 295-302, September.
    • Handle: RePEc:taf:tcpoxx:v:3:y:2003:i:3:p:295-302
    DOI: 10.3763/cpol.2003.0334
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    1. Tol, Richard S.J., 2005. "Emission abatement versus development as strategies to reduce vulnerability to climate change: an application of FUND," Environment and Development Economics, Cambridge University Press, vol. 10(5), pages 615-629, October.
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    Cited by:

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    2. Barnett, Jon & Dessai, Suraje & Webber, Michael, 2004. "Will OPEC lose from the Kyoto Protocol?," Energy Policy, Elsevier, vol. 32(18), pages 2077-2088, December.
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