19 Sep '11, 9am

Norway tops #climate finance transparency scorecard, but with only 52% score #COP17 #UNFCCC

Developed countries are being far from transparent about the climate-change finance they promised to developing nations at the Copenhagen summit in 2009, according to a scorecard published today (19 September) by IIED. The scorecard's authors urge international negotiators who are gathering for talks under the UN Framework on Climate Change at the end of next week in Panama to set up an independent registry of climate finance that includes project-level information. Norway ranked top on the scorecard – but with a score of only 52% -- while New Zealand came last with just 26%. The generally low scores mask progress in some areas and show that countries are not consistent in being transparent about all aspects of their funding. The scorecard's authors say the overall lack of transparency hinders efforts to monitor where the money goes and ensure it is spent responsibly. It a...

Full article: http://www.iied.org/climate-change/media/donor-nations-ge...

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