Foundational Structures of The GCA: Membership, Incentives, and Institutions - Multinational Development Policy Dialogue Brussels
The Global Climate Alliance is motivated by a common ambition of accelerated decarbonisation. To participate countries will commit to a set of actions, based on differentiated responsibilities. The Global North countries will commit to a guaranteed flow of climate finance, leveraging private capital while the Global South countries, in exchange, will commit to accelerated decarbonisation plans.
This paper outlines the proposed membership requirements for the Global Climate Alliance; the incentive structure of the Alliance; and finally an overview of the institutional architecture that must be in place to ensure compliance.