Publication

The report examines the criteria for fair and effective climate finance. It highlights the leading proposals to raise revenue for the Green Climate Fund, such as taxes, levies and special drawing rights. It argues that mobilizing public resources is ultimately a matter of political will. The private sector also has a role to play in supporting renewable energy, clean companies and sustainable business models, but it must be regulated to uphold climate integrity and social development objectives. The authors conclude that developing low-carbon economies is crucial to tackling climate change and ensuring sustainable development to reduce wealth inequalities.