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The Administrative Costs of Climate Change Adaptation Financing: The Global Environment Facility as an Operating Entity of the UNFCCC Financial Mechanism |
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South Centre Analytical Note - July 2008
This Analytical Note looks at the administrative costs involved with having the GEF as an operating entity for the climate change funds for developing countries (i.e. the Least-Developed Country Fund and the Special Climate Change Fund) established by the UNFCCC Conference of the Parties under the UNFCCC’s financial mechanism. It lays out that the administrative costs charged by the GEF (both in terms of the secretariat and the various implementing agencies), using GEF documents in the public domain, for administering these climate change funds.
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