Climate Action

The Policy Initiative on Climate Action is centred around a series of round table policy dialogues, aiming to provoke a discussion among the climate policy communities in Asia, Africa, Latin America and Europe with the aim to build strategic alliances between countries to promote equitable and effective climate action.

The first round table in Paris sought to bring clarity into the specificities of the Paris Agreement around the sources, channels, allocation, and levels of climate finance in the post-2020 world. Climate change mitigation and adaptation are both expensive and require substantial public and private sector financing to be secured and allocated in an efficient and equitable manner. Several mechanisms like the Green Climate Fund and Adaptation Fund will have to be capitalized and leveraged efficiently. The governance of climate finance will require effective measurement, programming, reporting and monitoring systems, and the design of market mechanisms will demand collaboration and partnerships across nations and between the public and private sectors.

A first policy paper resulted from the roundtable discussion on climate finance: “The Paris Package: Setting the finance agenda for climate action”, and was presented to the French Ambassador to COP21. A second policy paper aims at engaging the private sector more in the climate debate by establishing sustainable operational practices for FDI. The paper makes a case for an international sustainable code of conduct for the mining industry, and analyses existing codes in Brazil, China and Canada. Finally, it develops a roadmap for setting up an international code of conduct. The paper has been accepted by Springer and will be soon published in a book.


Lead Organization of Policy Initiative:
Observer Research Foundation

Members of Policy Initiative:
Fundação Getúlio Vargas (FGV)
School of World Economy at the National Research University – Higher School of Economics (HSE)
Economic Research Policy Foundation of Turkey (TEPAV)
Human Sciences Research Council (HSRC)
Ifo Institute Munich
Development Research Center of the State Council (DRC)
Institute for Essential Services Reform, (IESR)
Postdam Institute for Climate Impact Research (PIK)
Yes Bank Institute
Centre for Strategic and International Studies Jakarta (CSIS)
Institute of Economic Research on Innovation South Africa
National Institute of Public Finance and Policy
Institute for Sustainable Development and International Relations (IDDRI)
The South Centre

EPF | Economic Policy Forum

EPF | Economic Policy Forum