This discussion paper synthesizes and analyzes the experiences of Asia-Pacific countries in establishing and managing National Climate Funds, and can provide a starting point for in-country discussions about setting up such a fund. The paper suggests feasibility criteria for setting up funds, explores different design features (including presenting a useful typology of different types of fund), looks at some important management features and makes summary recommendations. Annex 1 of the paper summarizes the advantages and disadvantages of managing climate finance through the national budget system compared with establishing a National Climate Fund.

CDKN commissioned this report from Dalberg to assess the sustainability of National Climate Funds and explore possible approaches to resource mobilization, in response to the mixed experience of National Climate Funds so far. Part 1 of the report introduces its purpose and structure, and its research methodology. Part 2 presents an overview of how National Climate Funds fit into the overall climate finance landscape. Part 3 describes the primary barriers to resource mobilization and the successes of some Funds, and parts 4 and 5 outline a resource mobilization approach for National Climate Funds. The target audience includes existing National Climate Funds, decision makers exploring whether to establish a Fund, and climate policy makers more generally.

The purpose of this guidebook is to assist countries in designing a National Climate Fund. It leverages UNDP’s experience with funds at the global, regional, national, and subnational levels, and shares lessons learned about designing and administering National Climate Funds. It also aims to provide a simple, robust, and transparent method for meaningful stakeholder engagement throughout the design process. The principal audience for this publication are decision makers at national and subnational levels, as well as domestic and international experts involved in assisting governments in establishing institutions and frameworks to support the management and delivery of climate finance.

Rwanda’s national climate fund (FONERWA) is seen as one of the most successful national climate funds so far. This website presents information about the fund and numerous other documents.

This final report from the DFID funded project to set up Rwanda’s climate fund describes the background and evolution of the fund, the results and achievements of the project, and lessons learned.