Climate Policy Brief 11, April 2013

Climate Change Financing Requirements of Developing Countries

1. Introduction

This paper surveys the existing literature on the climate change financing requirements of developing countries in the two UNFCCC categories of mitigation and adaptation. The reported estimates are based on the current state of play in estimation exercises.

2. On the variety of estimates of global financing requirements for mitigation

Let us start with a brief discussion of estimates of total global financing requirements for mitigation. A plethora of assumptions and projections explain the great variety of global financing requirements.
Global studies of financing needs are classified as top-down estimates.

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