May 2010: The World Bank has published the first in a series of Issue Briefs on the topics of Climate, Finance and Development, addressing how to monitor official development assistance (ODA) flows for climate finance and how to enhance the effectiveness of public finance for climate action.

Brief #1 on “Monitoring Climate Finance and ODA” addresses how to track, monitor and report on various types of financial flows, and then explores ways of tracking additionality in ODA flows. Brief #2 on “Making the Most of Public Finance for Climate Action” showcases how public finance can catalyze climate action, for example through combining resources and instruments to maximize synergies between climate and development, and finding opportunities to expand the scope for market mechanisms. [The Briefs]