‌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 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 forthcoming joint OECD and World Resources Institute synthesis report places findings from these activities within a four-stage framework that proposes a range of methodological options to address key decision points for estimating publicly mobilised private finance. The performance of each option is discussed in order to enable a better understanding of the trade-offs and implications of choosing certain methods over others. The intent is to guide the development and use of more robust methodologies as well as to inform future work by relevant actors, including pilot measurements. 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 

Future work related to the Research Collaborative intends to further develop and test estimation methods within the context of pilot measurements for climate-relevant sectors, in terms of the different types of interventions/instruments, as well as at the levels of individual/ groups of countries and public finance institutions.

 The below institutions are participating in the collaborative research work.

Research Collaborative - Logos Research Organisations Sept 29 2014