Accountability and controls

There is a need to foster better coordination between climate finance stakeholders and organisations that focus on improving governance and providing oversight, such as government anti-corruption agencies, audit institutions, law enforcement and parliaments. Independent internal control systems and external audits and oversight are instrumental to ensure that government officials are held accountable for their decisions throughout the climate finance project cycle. This includes establishing effective mechanisms to uncover and investigate corruption, systematic and credible enforcement of the rules and the use of proportionate and dissuasive sanctions.

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