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Giving Aid EffectivelyThe Politics of Environmental Performance and Selectivity at Multilateral Development Banks$
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Mark T Buntaine

Print publication date: 2016

Print ISBN-13: 9780190467456

Published to Oxford Scholarship Online: June 2016

DOI: 10.1093/acprof:oso/9780190467456.001.0001

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Conclusions and Implications

Conclusions and Implications

Chapter:
(p.213) 8 Conclusions and Implications
Source:
Giving Aid Effectively
Author(s):

Mark T. Buntaine

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780190467456.003.0008

Can the allocation of aid be made compatible with achieving good development and environmental outcomes? To this day, environmental and development aid remains largely stuck in a system that focuses on the approval of projects and the disbursement of funds. This book has shown that it is sometimes possible to channel or overcome these incentives and thereby give aid more effectively. There is not a uniform response to information about results across different types of projects and multilateral development banks. Information about performance must combine with incentives to be selective from donor countries, civil society groups, and recipient countries to change allocation decisions. This chapter discusses the implications of this result for the future of environmental and development assistance, including the creation of the Green Climate Fund and reforms to the allocation procedures at the multilateral development banks. Shifting focus from selectivity practiced at the level of countries to selectivity practiced within the portfolios of countries offers a way to give aid more effectively.

Keywords:   foreign aid, multilateral development bank, environmental performance, Green Climate Fund, selectivity, administrative procedure, complaint mechanism, project evaluation, strategic planning, allocation

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