•Lessons from three main ongoing international financing mechanisms have been drawn.•Thirty-one potential schemes have been proposed for sharing the burden of the GCF financing.•Weighting HR, UN, and GEF with the PSC method could yield the “most effective” scheme.•Developed parties are main provider of the GCF even if the donors include the emerging economics.•The decision of the United States to withdraw from climate finance will significantly increase the burden for other donors.
World Development – Elsevier
Published: Jan 1, 2018
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