It aims to assist donors and partner countries to apply lessons from development cooperation to the management of climate finance, focusing on supporting the development of national capacities and country systems in order to effectively allocate, manage and track domestic and international climate finance in partner countries. Under this voluntary partnership, 27 countries and institutions, including the OECD and UNDP, are working together to promote coherence and collaboration. Safeguards introduced to ensure specific standards are met for international climate finance can also influence the effectiveness of this finance.