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Journal : Forest and Society

Indicators to Evaluate the Institutional Effectiveness of National Climate Financing Mechanisms Sheriffdeen, Muhammad; Nurrochmat, Dodik Ridho; Perdinan, Perdinan; Di Gregorio, Monica
Forest and Society Vol. 4 No. 2 (2020): NOVEMBER
Publisher : Forestry Faculty, Universitas Hasanuddin

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24259/fs.v4i2.10309

Abstract

Over the past few decades, tackling climate change has persistently featured in international discussions, with the main issues centring on mobilising adequate global response and effectively coordinating and channelling this response at the sub-national levels. In order to effectively mobilize and harmonize resources to address climate change at country level, the idea of establishing national climate finance institutions (NCFIs) with the duty to mobilise, manage and allocate funds to implement climate change actions has gained prominence among developing countries. This study develops an indicator-based framework to evaluate the institutional effectiveness of the Indonesian Climate Change Trust Fund (ICCTF) as a case study. Building on previous frameworks and principles of climate finance, a total of 21 indicators were identified, these indicators were categorized into five effectiveness components, which are: were identified, and these indicators were categorized into five effectiveness components, which include: legal and regulatory framework, fund mobilization and sustainability, fund management and allocation, monitoring and evaluation, and transparency and accountability. We find that the major and fundamental weakness of the ICCTF is its inability to adequately mobilize funds, while its strength is in management and allocation of available resources.  Inclusion of the legal and regulatory framework component, which has been largely absent in previous studies, further enabled us to identify critical legal gaps in the operationalization of the ICCTF. While the current legal foundation of the ICCTF ensures transparency and accountability, it significantly constrains the ICCTFs flexibility and innovative potentials.
Co-Authors . Supriyanto A, Trijanti A. Widinni Adi, Ryco F Aditya Pangestu, Lutfi Agus Sakawuna, Wandira Akhmad Faqih Akhmad Faqih Akmal, Surya Genta Ana Turyanti Andarini Putri, Ayu Arista ARI SETIAWAN Arif Wibowo Atmaja, Tri Azka Zakiyyatuddin Bambang Dwi Dasanto Bigcas, Evelyn V. Bony Septian Pandjaitan Budi Indra Setiawan Budiman, Mukhammad Asyief Khasan Chairunnisa, Nurul Chusnul Arif Dasanto , Bambang Dwi Dewa, Rizki Pranata DEWI RAHMAWATI Di Gregorio, Monica Digdo, Akbar Ario Dodik Ridho Nurrochmat Donaldi Sukma Permana Dwi Ariyani Dyah Lukita Sari, Dyah Lukita Euis Sunarti Fardilah, Ratih Dwi Fery Kurniawan Furqon Alfahmi Hadi Susilo Arifin Hanny Nirwani Herlan Darmawan Imam Suyanto Imantho, Harry Indri Hapsari Irwan Meilano Irzaman, Irzaman Istaviolani, Silva Juniati, Atie Tri Kiki, Kiki Lukytawati Anggraeni Maria Evita Mitra Djamal Mohammad Yasin Mudzakir Setiawan, Amsari Nina Siti Aminah Purwanto, Yanuar Jarwadi Putri Lestari, Putri Rachmat, Raynaldi Rahmad Fauzi Rahmadhani, Rizki Ayu Rahmat Hidayat Retna Apsari Rhomi Ardiansyah Rini Hidayati ROSITA, Risa Rudiyanto, Bambang Yudho Sahibuddin, Muhammad Qustam Satriani Sensius Seno Sheriffdeen, Muhammad Sri Widayanti Sugiarto, Slamet Widodo Supriyanto Suryanto, Wiwit Syamsul Bahri Agus, Syamsul Bahri Tania June Tugiyo Aminoto Venita Dominica, Maria Wahyu Srigutomo Wahyudi Wahyudi Widiastuti, Herni Wido Hanggoro Woro Estiningtyas Yahya, Rizka Ora Aurora Yana, Sumayah Fitri Yon Sugiarto Yonny Koesmaryono Yonvitner - Zulhamsyah Imran