Multi-factor criteria to determine equitable disbursement of funds
Importance with high, medium, and low weighting, explanation, and related principle
| Allocation criterion | Explanation | Weighting | Principle |
|---|---|---|---|
| Vulnerability | Differentiates country vulnerability beyond the definition in the Governing Instrument (i.e. minimum allocation floor for SIDS and LDCs) through ND-GAIN, MVI, population size, or other indexes as appropriate for country context | Low to medium weighting (where higher vulnerability is positive and lower vulnerability is negative) | Fairness, capacity, capability |
| Greenhouse gas emissions | Average annual GHG emissions over the last five years prior to application | High weighting (negative) | Fairness, responsibility |
| Gross Domestic Product | Average annual GDP over the last five years in the year prior to application (50/50 split of GDP per capita and GDP total) | High weighting (negative) | Capacity, capability, fairness |
| In-country actions and efforts to build resilience (including maintenance and upgrading of infrastructure) | Efforts directed towards climate change adaptation and resilience-building relative to capacity determined through qualitative and case-by-case analysis of country’s nationally determined contributions or adaptation strategies | Medium weighting (where higher ambition is positive and lower ambition is negative); relative capacity can be demonstrated through qualitative means | Responsibility |
| Percentage of GDP loss (for trigger-based projects) | Funding based on percentage of GDP loss up until cap on total funding is reached | No weighting | Fairness |
| Total loss and damage (for trigger-based projects) | Cap on total funding | No weighting | Fairness |