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Mobilizing the Private Sector

Ghosh, Arunabha; Müller, Benito; Pizer, William; Wagner, Gernot

In recent years, public sector funding, in general, and for the support of activities in developing
countries, in particular, has become more and more ‘results’ and ‘performance’ oriented. The
Governing Instrument of the recently established Green Climate Fund (GCF),
for example, tasks the
GCF Board with establishing ‘a framework for the monitoring and evaluation of performance … of
activities supported by the Fund’ and approving a ‘results measurement framework with guidelines
and appropriate performance indicators’.
There are different methods by which performance can be ‘indicated’ (or even ‘measured’) in this
context. The World Bank, for example, uses Country Performance Ratings which are based on its
Country Policy and Institutional Assessment (CPIA) and country implementation performance indices
based on its Annual Report on Portfolio Performance. In the CPIA, countries are assessed with respect
to 16 different criteria in terms of a largely qualitative 6-level ranking.
The focus of this brief,
however, is on activities that are associated with quantitative performance indicators, i.e. performance
assessed in terms of measured quantities − such as tonnes (of carbon), kWh, or hectares − as carried
out by the private sector.

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More About This Work

Academic Units
International and Public Affairs
Publisher
Oxford Institute for Energy Studies
Published Here
February 9, 2015