Mobilising institutional investor capital for climate-aligned development (original) (raw)

Climate finance: loopholes and opportunities

Climate finance refers to all the funding on a national and international level that pertains to financing projects that have to do with adaptation to and mitigation of climate change. Briefly discussed below are some of the internationally available bodies and mechanisms that are put in place to collect capital for and manage climate funds. All of the mechanisms and/or bodies create opportunities, be it in favor of developing or developed countries, for use and misuse of the resources; thus, proposals for improvement of each are outlined after the description of the particular establishment. In continuation, stated are suggestions on and rationale behind usage of climate finance as compensation from polluters, mitigation of growing loss and damage, financing technological and know-how transfers – all of which on an international scale. Lastly, if the previously numbered uses are covered for on a national level, two recommendations are given on where climate funds can be allocated so as to provide for socially and environmentally sustainable solutions on a local and/or national level. To be kept in mind is that all of the described facilities and suggestions assume for oversimplification of the reference to rich (developed, or Global North, Western) countries that play the main role in providing the capital for climate funds for transfers to poor (developing, Global South) countries to adapt to or mitigate disastrous impacts of climate change, and with climate finance should be given the chance to develop in an environmentally sustainable manner.

Traversing the Complex Realm of Climate Finance

2021

Climate Financing is the state, national or multinational funding that aims to facilitate climate change mitigation and adaptation measures. The Kyoto Protocol Convention and the Paris Agreement call for financial help to those who are less privileged from developed countries that have more financial capital. The need for Climate Finance is linked to the enormous investments needed to reduce emissions. In this edition of the Conversations in Development Studies Journal, we try to explore the need for considerable financial capital to adapt to the adverse effects and reduce the threat of climate change. We focus on Climate Finance as articulating the needs and financial flow of different geographical regions and designing a more robust monitoring and guiding parametric framework that is done at a national, sectoral, or local level. This edition of the Journal also explores Climate Finance and South Asian Projects of fossil fuel transition in India.

Climate as Investment

Development and Change, 2009

The climate crisis and the credit crisis have made the political issues surrounding investment and finance more critical than ever before. Proposals for ‘Green New Deals’ and the like — aimed at tackling both global warming and global recession — are streaming forth worldwide. Yet many such proposals are incoherent in that they overlook the need for an immediate start to a programme of phasing out both fossil fuels and purported fossil fuel substitutes such as nuclear power and industrial-scale agrofuels. They also tend to rely on Northern-biased conceptions of technology transfer and intellectual property that the climate crisis has helped make obsolete. To overcome these problems, future climate movements will have to focus increasingly on the democratization of research, planning and finance.

Multilateral climate change financing in the developing world: challenges and opportunities for Africa

International Journal of Research in Business and Social Science (2147- 4478)

The Paris Agreement has highlighted the worldwide significance of adaptation. Many investors are considering the effects of climate change and resource scarcity when making decisions. Even while the whole amount of the environmental harm caused by climate change is yet unknown, recent scientific evidence is more frightening, and many governments are taking substantial measures to avert a calamity. The financial innovations and mechanisms created to ease the transition to a low-carbon economy will have far-reaching effects on markets, firms, intermediaries, and investors. Although economists have been working on the subject for decades, financial-economics professionals have only recently become interested in climate change. There has been a growing body of empirical and theoretical contributions in recent years that analyse the influence of climate risks on investment decisions for firms, financial intermediaries, and national governments, as well as the pricing and hedging of clima...