Accountability in the Climate Funds

This chapter evaluates the extent to which the Climate Funds can be deemed accountable to individuals based in recipient countries for the impacts of their funding decisions. First, the chapter examines the content and scope of the standard of accountability as defined in the existing literature on global institutions. It then applies this standard to the context of the Climate Funds to identify the types of accountability mechanisms and their characteristics that are essential for fostering accountability adequately. Finally, the chapter conducts a comprehensive analysis of the Funds’ mechanisms and critically evaluates their impact on the rights and interests of local communities in light of the standard outlined in the literature.