Climate finance: challenges and responses
Embarking on a climate compatible development pathway now has a price tag. The cost of tackling climate change in developing countries could reach some hundreds of billions of dollars annually over the coming decades. Low-emission and climate-resilient development options often require upfront investments that can be costlier than conventional solutions. This paper summarises the thinking on climate finance among CDKN Alliance members and suggests areas for prioritisation and action by the international community.