Finance - 20/May/2022

The $100 billion climate finance question

Finance for development initiatives in emerging markets is intrinsically tied to climate change—from new roads and energy infrastructure to transportation and new buildings. Yet despite the billions of dollars in overseas development assistance funding, the promised $100 billion of new and additional climate finance by 2020 has failed to materialise

Holistic thinking can provide more opportunities for funding


RENEWED TARGETS Annual funding target to developing nations now set for 2023 following COP26 talks in Glasgow

INVESTMENT DEFINITIONS There is some confusion as to what finance can be classed as development funding or aid

KEY QUOTE Climate action is very much something that is part of the development process—whether it’s mitigation or adaptation ...

 

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