‌Tracking private climate finance, together with flows of public finance, is a key task in monitoring progress in the international effort to address climate change. Yet, there are significant data, methodological and knowledge gaps on private climate finance flows, and available information is scattered. Further research and better co-ordination of on-going initiatives are therefore required to improve their identification, measurement and reporting.

The Research Collaborative is an open network, co-ordinated and hosted by the OECD Secretariat, of interested governments, relevant research institutions and international finance institutions. The goal is to partner and share best available data, expertise and information to advance policy-relevant research in a comprehensive and timely manner. The project is designed to serve as a co-ordinating platform for identifying research priorities and gaps, sharing information, weaving a coherent narrative across what would otherwise be disparate research outputs, as well as communicating results to raise awareness in this area.

The first round of activities conducted in 2013-2014 focused on developing and assessing methods to estimating private climate finance mobilisation, as well as on exploring the availability of underlying climate-specific private finance data beyond renewable energy.

A joint OECD and World Resources Institute synthesis report places findings from these activities within a four-stage framework of key decision points to be addressed towards estimating publicly mobilised private finance and corresponding methodological options. The performance of each option is discussed in order to enable a better understanding of the trade-offs and implications of choosing certain options over others. The intent is to guide the development and use of more robust methodologies. Key messages are summarised in a Policy Perspectives brochure. These broadly consist of:

  • In the short-term, to focus on testing and implementing practical methods while providing transparency about underlying definitions, assumptions and limitations. 
  • In the longer term, to converge on definitions, build data systems as well as improve and standardise methods.
Cover page Research Collaborative Brochure Nov 2014‌ 

Building upon the work conducted and framework developed to date, on-going activities further develop and test methodological options within the context of pilot measurements. These pilots are being conducted for climate-relevant sectors and different types of public interventions/instruments, as well as by countries and public finance institutions. Outputs and results are expected during the third and fourth quarter of 2015.