Financing the climate mitigation and adaptation measures in Developing Countries
Climate change creates a crisis for economic development, which has historically been synonymous with high-carbon growth. It is essential for the world economy to make a rapid transition to a new, low-carbon style of growth. Developed countries might be expected to pay a large share of the total global costs of this transition, due to their ability to pay and their historical responsibility for causing the problem. Two-thirds of the world
Related Content
- The prospects for development in a climate-changed world: anticipating cross-border effects of climate change and climate action
- Climate change action plan 2021–2025: supporting green, resilient, and inclusive development
- Global goal on adaptation: from concept to practice
- Mobilizing private finance: unlocking the potential of Rwanda’s businesses to drive climate change adaptation
- 2015 joint report on Multilateral Development Banks’ climate finance
- The Year of Opportunity for a Sustainable Future