Climate finance in the Greater Mekong Subregion (GMS)

Syed M. Rahman and Mokbul M. Ahmad

Development in Practice, 2014, vol. 24, issue 8, 960-974

Abstract: Greater Mekong Subregion (GMS) countries lack sufficient funds to combat climate change. The growth of projects under the clean development mechanism (CDM) is not consistent in the region and the relation of that growth to national GDP is not equivalent either. The disbursement of climate funds promised by different countries and donor organisations to different countries in GMS region is very low. A few countries have relied more on external funds to combat climate change, while some have developed their own funds. A strong database and involvement of civil societies might help the region better utilise these climate funds.

Date: 2014
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DOI: 10.1080/09614524.2014.965131

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