Climate Finance: An ill-designed instrument for development and environment assistance

Francois Bourguignon

No 2507, FDL Policy Notes from CEPREMAP

Abstract: The note identifies key flaws in climate finance management, including unclear fund allocation between mitigation and adaptation efforts, confusion over definitions, and potential crowding out of Official Development Assistance (ODA). With developing nations needing far more than $100 billion to meet climate goals, this paper advocates for reforms to optimize the effectiveness and efficiency of climate finance, ensuring that resources meet actual needs and maximize their impact.

Keywords: Climate finance; Aid; Development (search for similar items in EconPapers)
Pages: 39 pages
Date: 2025-05
New Economics Papers: this item is included in nep-ene
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http://findevlab.org/wp-content/uploads/2025/05/FD ... Finance_April-25.pdf

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Persistent link: https://EconPapers.repec.org/RePEc:cpm:notfdl:2507

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