Las finanzas del clima. Una revisión

Iker Larrea, Ibon Galarraga and Kepa Solaun
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Iker Larrea: Factor CO2
Kepa Solaun: Factor CO2

EKONOMIAZ. Revista vasca de Economía, 2018, vol. 93, issue 01, 246-266

Abstract: The term «climate finance» refers to the need to provide financial resources to fight climate change, in terms of both mitigation and adaptation. Strictly speaking, climate finance refers to international commitments made by developed countries since 2009. From a theoretical point of view, climate finance opens interesting discussions with respect to the underlying reasons for «mitigation bias» (i.e. a preference for mitigation over adaptation), the global public good nature of adaptation to climate change and technology transfers as an alternative or supplement to financial transfers. From a practical point of view, climate finance is concerned with gradually factoring climate issues into the financial system by creating «green» products and including climate risks in the financial disclosure obligations.

Keywords: Paris agreement; UNFCCC; acuerdo de París; climate finances; finanzas del clima (search for similar items in EconPapers)
JEL-codes: Q54 Q56 Q58 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ekz:ekonoz:2018111

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