This summary briefing has been prepared by Simon Zadek, Maya Forstater and Fernanda Polacow and João Boffino of AccountAbility, working closely through an accompanied learning process with Tasso Rezende de Azevedo, designer of the Amazon Fund.

It also draws on a series of interviews with key stakeholders and expert commentaries.

Credible national institutions are needed to enable transformation towards low carbon growth. Without sound national level institutions to effectively manage climate change finance, funds will be wasted or will not be applied as effectively and quickly as needed. The bottom line is that, irrespective of commitments made globally, if national institutions to do not work well, quickly and at scale, the deal will fail to deliver on ambitious plans and needs for low carbon growth and development.

This report is part of AccountAbility's Climate Policy Briefing Series.