Paris Climate Agreement

Climate Policy Brief 27, 25 October 2022

Understanding the Main Elements for an Operational Definition of Climate Finance

By Luis Fernando Rosales Lozada

An operational definition of climate finance could contribute to facilitating access of developing countries to needed public and private financial resources to support them on climate action required to face the climate crisis and its impacts. The climate finance definition adopted by the UNFCCC Standing Committee on Finance in 2014 aimed to clarify the goals of climate finance, but it has not solved the main questions about climate finance. Although agreeing on an operational definition of climate finance in the multilateral negotiations may facilitate the flows of climate finance, achieving an outcome still faces some obstacles.

It is urgent for developing countries’ government officials and delegations to be aware of the different elements that need to be considered to achieve an appropriate definition. This policy brief analyses the different elements to be considered in the negotiation of an operational definition of climate finance, that can be effective in promoting developing countries’ interests in the context of the current international framework to address climate change.

(more…)

SouthViews No. 150, 6 June 2017

US pull-out from Paris deal: What it means

By Martin Khor

By withdrawing the United States from the Paris Agreement, President Donald Trump abdicated not only leadership but membership of the community of nations cooperating to tackle climate change, the most serious crisis facing humanity. (more…)

0

Your Cart