OECD Home › Development Co-operation Directorate (DCD-DAC) › Environment and development › Busan Building Block (BBB) Partnership on Climate Finance and Development Effectiveness
Climate change finance is set to increase substantially throughout this decade as donors move to meet their pledges under the UNFCCC. Over the period of 2013-2020, international funding for climate change adaptation and mitigation will have to increase tenfold starting from the $USD 30 billion Fast-Start Finance for the three years up to 2012, to reach the targeted $USD 100 billion finance annually by 2020. The potential scale of this funding makes the effectiveness of its delivery, use and measurement critical not only for the impact of targeted mitigation and adaptation measures, but also for poverty reduction and broader development outcomes. In this context, ensuring the development effectiveness of climate finance was laid out as a development objective in the 'Busan Partnership for Effective Development Co-operation' in Busan, South Korea, December 2011.
The Busan Building Block (BBB) on Climate Finance and Development Effectiveness is a voluntary partnership to promote coherence and collaboration across the climate and the development communities. Under this Partnership, the OECD, UNDP and other institutions are working together to assist donors and partner countries to apply lessons from development co-operation to the management of climate finance. As a result, collective support is provided to develop national capacities and country systems in order to effectively allocate, manage and track domestic and international climate finance in partner countries. Successful practices and country examples are shared amongst members of the Partnership through regional and international events and online platforms.
As of February 2013, 27 countries and institutions are supporting the Partnership.
OECD countries: Australia, Belgium, Denmark, European Commission, Korea, Mexico, New Zealand, Norway, Switzerland
Partner Countries: Bangladesh, Bolivia, Cameroon, Fiji, Honduras, Indonesia,Kenya, Lesotho, , Peru, Samoa, Tanzania, Uganda and Vietnam, Zambia
Civil Society and Intergovernmental Organisations : Better Aid, Pacific Island Secretariat, UNDP, OECD
Supporters of the Partnership are working together and across the Asia-Pacific, Africa and Latin America and Caribbean regions.
Africa
in 2010, OECD and the African Development Bank commissioned country case studies on climate change finance management in six African countries (Cameroon, Ghana, Kenya, Morocco, Tanzania, South Africa).
These reports provided input to a regional dialogue in Nairobi, with broad participation from African governments, development partners, civil societies and media.
The dialogue concluded in The Nairobi Call for Action on Climate Change Finance and Development Effectiveness: An African Approach to accountable and effective climate finance.
A Synthesis Report on the six African case studies is available in English and French.
Asia-Pacific
Regional dialogues took place in Asia and the Pacific in 2010 and 2011, co-ordinated by the Capacity Development Facility for Development Effectiveness (CDDE).
The first dialogue brought together key partner country and donor representatives, and resulted in the Bangkok Call for Action. Five country case studies from Bangladesh, Cambodia, Indonesia, the Philippines and Vietnam and a synthesis report were prepared as inputs to this dialogue.
The second dialogue took place in 2011 and resulted in a roadmap for a country-led climate finance management in Asia and the Pacific.
Most recently, the UNDP and ODI completed Climate Public Expenditure and Institutional Reviews (CPEIRs) in Bangladesh, Cambodia, Nepal, Samoa and Thailand. A summary workshop was organised in Bangkok in September 2012.
Latin America and Caribbean
With the leadership of the Government of Honduras, a regional dialogue took place in Tela in May 2012.
Partner countries, development co-operation providers and civil society organisations attended the dialogue to share country experience and to work together towards a regional implementation plan.
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