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Science & Innovation Policy: Finance

Key Documents

Reports

Displaying 1-16 of 16 key documents

Addressing Financing for Agriculture: Ensuring a triple dividend for smallholders

Source: IISD | June 2012

This paper gives an overview of the financing needs of smallholder farmers, their current sources of financing, and ways to deliver these funds to help them achieve the triple dividends of enhanced food security, increased resilience to climate change, and reduced emissions of greenhouse gases. It offers recommendations for mobilising investment to enable further progress towards this goal.

The authors argue that there is no silver bullet or one-size-fits-all solution, and suggest that adaptation funds and the private sector could be a source of additional support, in the absence of public sector financing for agriculture or a carbon market for smallholders. They conclude with recommendations for policymakers, such as building on prior experience and knowledge, and creating an enabling environment for climate-smart agricultural investment.

Institutional innovations in African smallholder carbon projects

Source: CGIAR

This report presents the results of a study of six African agricultural carbon projects and identifies institutional innovations — such as financial management and carbon monitoring systems — that have helped make them successful. It also puts forward emerging research questions and discusses the future of the project.

The study found that direct carbon payments to farmers were low, but non-cash benefits were received after careful management. The projects successfully established systems for financial management, agricultural extension, and carbon monitoring, using a complex set of partnerships. They also found that mechanisms for settling conflict over land and benefits were crucial, as were methods for managing power dynamics to ensure equitable decision-making and participation.

CDM in Africa: Finance and Support

Source: UNFCCC | June 2012

This report provides a summary of key financing and support opportunities — excluding multilateral and domestic sources — available to Climate Development Mechanism (CDM) projects in Africa and other underrepresented regions. Funding sources covered include the KfW Carbon Fund, World Bank group carbon funds and initiatives, the carbon facility of the UN Development Programme (UNDP), the African Biofuels and Renewable Energy Fund (ABREF), and the Africa Carbon Asset Development Initiative (ACAD).

Inclusive Wealth Report 2012: Measuring progress toward sustainability

Source: The International Human Dimensions Programme on Global Environmental Change (IHDP) | June 2012

This report presents a new index, which could become an alternative to gross domestic product (GDP) and the Human Development Index as a means of assessing a country's economic development. The Inclusive Wealth Index (IWI) measures nations' wealth by taking into account natural resources and ecological conditions, and a long-term view on wellbeing and sustainability.

The IWI was applied to 20 countries — representing over half the world's population and three quarters of global GDP — revealing changes in inclusive wealth between 1990 and 2008. The report found that an accurate representation of development depends on accounting for factors such as population change, the effect of global variables, and the price of natural or social capital. It recommends that governments integrate the IWI into planning, development and economic policies; protect their natural capital; and establish research initiatives to help evaluate natural capital components.

The report will be published every two years, offering policymakers practical frameworks and encouraging more holistic approaches to economic development assessments.

The State of the World's Forests 2012

Source: UN Food and Agriculture Organization | June 2012

This report argues that more sustainable use of forestry resources can help reduce poverty and hunger, mitigate the impacts of climate change, and create more sustainable sources of bio-products and bio-energy. It was released at the UN Conference on Sustainable Development (Rio+20), where many of these challenges were discussed.

The report highlights that 350 million of the world's poorest people depend on forests for survival, and that investing in wood-based enterprises creates jobs and improves livelihoods. It argues that when sourced sustainably, wood products can store carbon and be easily recycled, and highlights that sustainable forestry offers a renewable, alternative source of energy.  It says that more resources need to be invested in creating small and medium forest-based enterprises that benefit local communities.

The report concludes that promoting a sustainable forest-based industry can both improve local economies and meet sustainability goals. But this will require policies, programmes and incentives.

Innovation: Applying knowledge in development

Source: Millennium Project | January, 2005

This report outlines the role that science, technology and innovation can play in implementing the Millennium Development Goals (MDGs). It draws from lessons learned over the past five decades, and describes actions needed to help achieve the MDGs through technological innovation, including building scientific infrastructure, investing in education and promoting business activities in science and technology.

The report acknowledges three main actors in technological innovation: governments, academic institutions and private enterprise. It argues that they must work together to improve the policy environment, technological infrastructure and capacity-building in developing nations. It suggests that global partnerships, advising policymakers and good governance should be encouraged, and points out that the diversity of political environments and resources means that countries should not have a one-size-fits-all approach to policy development.

Innovation, Sustainability, Development and Social Inclusion: Lessons from Latin America

November, 2011

This paper gives an overview of the history of science technology and innovation (STI) institutions and policies in the Latin American region, and the challenge of using STI to meet development needs.

The paper gives examples of public, private and civil society initiatives illustrating regional efforts to develop a 3D innovation agenda — one that concentrates on direction, distribution and diversity of innovations. It outlines areas for action to advance STI in Latin America, which include agenda setting, funding, capacity building, organising and monitoring, evaluation and accountability. Limitations and failings of STI are considered, and recommendations of further research are offered; they include persistent social and economic inequalities, institutional and political resistance to change, and the role of power relations in determining directions of STI policy in the future.

Renewable Energy Sources and Climate Change Mitigation

Source: The Intergovernmental Panel on Climate Change (IPCC)

This report, published by the Intergovernmental Panel on Climate Change, examines the role of renewable energy sources and technologies in the mitigation of climate change and provides policy relevant information. The authors evaluate the scientific literature on six renewable energy sources — bioenergy, direct solar energy, geothermal energy, hydropower, ocean energy and wind energy — and their current deployment. The report describes how each of these power sources can be integrated into future energy systems, and outlines future research needs in the context of sustainable development. It puts forward strategies to overcome environmental and social consequences associated with the deployment of such technologies, and compares the cost of energy from renewable sources to non-renewable sources.

Estimating Regions' Relative Vulnerability to Climate Damages in the CRED Model

Source: Stockholm Environment Institute | February 2011

This report introduces the Climate and Regional Economics of Development (CRED) model — a climate vulnerability index that estimates the economic damage from climate change in nine world regions based on three measures: freshwater resources per capita, the share of population living in coastal areas, and the percentage of gross domestic product (GDP) of climate-sensitive economic sectors.

The report reviews the current literature of climate change vulnerability indices and describes the CRED climate model, including the data sources and methods used to create the index. It presents the results by region and compares them with the results of other indices. It concludes that although other indices contain more variables that produce more detailed results, they are more difficult to interpret. CRED indicators are quantifiable, can be updated when new information becomes available, and inform climate change policy by identifying regions and countries where intervention to prevent damages is crucial.

Assessing the role of microfinance in fostering adaptation to climate change

Source: Organisation for Economic Co-operation and Development | February 2010

This report analyses the lending activities of 22 microfinance institutions in Bangladesh and Nepal to assess the extent to which microfinancing can help the poor adapt to climate change. The authors find that microfinance is promoting some adaptation strategies such as crop diversification, better access to irrigation, and improved sanitation to reduce the risk of waterborne diseases. But they suggest that it could play a greater role in disaster preparedness and use of early warning systems.

Solar Generation V — 2008

Source: Greenpeace | 2008

This report, published by Greenpeace, highlights global trends and developments in solar photovoltaics (PV). It includes background information on how PV technologies work and an overview of global PV markets, including predictions for market growth to 2030. Applications of PV technology for grid-connected and off-grid energy are presented and the benefits, cost and competitiveness of these are discussed.

The report makes several policy recommendations, including adopting support schemes, removing fossil-fuel subsidies and implementing legally enforced mechanisms to accelerate PV development.

Renewables global status report: 2009 update

Source: Renewable Energy Policy Network for the 21st Century (REN21)

This annual report from REN21 provides an overview of global renewable energy markets and activities in 2008, including biofuels, geothermal, solar and wind. It presents data and information on investment flows, industry trends and the policy landscape, and has a useful section on rural (off-grid) renewable energy. A more in-depth review of rural renewable energy is provided in the 2007 status report. [480kB]

Analysis of technology transfer in CDM projects

Source: UNFCCC | December 2008

This report, written by climate change economist Stephen Seres and published by the UN Framework Convention on Climate Change (UNFCCC), analyses the extent to which projects funded by the UNFCCC's Clean Development Mechanism (CDM) contribute to technology transfer.

Although the CDM does not have an explicit technology transfer mandate, it contributes to technology transfer by funding projects that use technologies previously unavailable in host countries. Using data from over 3000 registered and proposed CDM projects, Seres finds over a third claim to involve technology transfer — of both knowledge and equipment.

Most of the technology originates from Germany, France, Japan, the United Kingdom and the United States. Some countries — including Bolivia, Ecuador, Kenya, Malaysia and Sri Lanka — have a much higher than average rate of technology transfer. Others, such as Brazil and China, have a much lower than average rate, although where there is technology transfer, it often extends beyond individual CDM projects.

Constructing knowledge societies: New challenges for tertiary education

Source: World Bank | January 2002

This World Bank report describes the role higher education plays in building developing countries' capacity to participate in a knowledge-based world economy and outlines policy options to promote economic development. It confirms the shift in the World Bank's attitude to education support as a driver of socioeconomic growth.

The authors ask why higher education is important for development, how developing countries can best utilise their higher education systems, and how the World Bank and other donors can support local governments. They argue that knowledge is essential for development — and higher education is essential to create and apply knowledge.

They conclude that developing countries risk marginalisation because of their weak higher education systems, and stress the need for government and donor support.

A global green new deal

Source: UNEP | February 2009

This report from the UN Environment Programme (UNEP) calls for international action to combat the global economic crisis with a stimulus package based on clean energy and environmental protection. The author — Edward B Barbier from the University of Wyoming — argues that while stimulating growth and creating jobs are key objectives, unless new policy initiatives also reduce carbon dependency, protect ecosystems and water resources, and alleviate poverty they will not be enough to avert future crises.

Developed countries must remove subsidies and adopt complementary carbon pricing policies, says Barbier. Developing countries should spend at least one per cent of GDP on improving access to clean water and should also expand educational and health services for the poor. And all economies should consider removing water subsidies to increase water efficiency, he adds.

He concludes that the international community has a central role to play in promoting this global green new deal — through global governance, facilitating access to development assistance and enhancing trade incentives.

Monitoring financial flows for health research 2008: Prioritizing research for health equity

Source: Global Forum for Health Research | 2008

This report, published by the Global Forum for Health Research, tracks global investments in health research and development (R&D).

The authors review global targets and commitments for R&D in health and evaluate how well these are being met. They highlight the differences in funding by region, including analyses from Argentina, China and the United States; and provide a breakdown of investments in R&D for cancer and 20 widespread infectious diseases.

They also describe the different sources of R&D funding, providing data on private, public and not-for-profit investments.

The authors discuss the implications of the current funding climate for future health research and make recommendations for improving research agendas, suggesting that R&D investments must match the health needs of developing countries now and in the future.