After Belém, rebuilding Rio

Sylvie Lemmet
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Sylvie Lemmet: FERDI - Fondation pour les Etudes et Recherches sur le Développement International

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Abstract: The current architecture of international climate finance, based on the differentiation inherited from Rio (1992), has become economically obsolete, politically fragile and financially unsustainable. Without an update of the principle of common but differentiated responsibilities, the multilateral climate regime risks lasting weakening, to the detriment of the poorest countries and the current main contributors, which are mainly European.

Keywords: International architecture of development finance; Climate change; Development financing (search for similar items in EconPapers)
Date: 2026-02-10
Note: View the original document on HAL open archive server: https://hal.science/hal-05503692v1
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Published in 2026

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