focusing solely on direct mobilization may lead to overestimating the role of projectlevel climate finance and in worst case neglecting the importance of finance directed to capacity building budgetary support eg feedin tariff scheme for renewables and overall work to strengthen enabling environment oecd while to date only few studies have assessed the mobilizing effects of public policies and support for policy development and these mainly direct and projectbased mobilization preliminary findings from wri highlight the importance of overall policy frameworks and stability as key enablers of climate compatible investments according to gcf a key challenge for mobilization is the missing link between climate projects and initiatives that strengthen underlying policy regulatory or enabling environment