Publication

In the run-up to the December 2015 Climate Change Conference in Paris, this brief discusses how the climate goals to be agreed on at the conference are going to be financed. The author contends that the existing financing framework does not provide enough predictability and capacity to limit global warming to a maximum of 2°C. He then argues that a clear mechanism for gathering public funds from developed countries and the inclusion of private investments is needed to secure reliable post-2020 climate actions.