Columbia International Affairs Online: Policy Briefs

CIAO DATE: 01/2010

Climate Finance: Key Concepts and Ways Forward

Richard B. Stewart, Benedict Kingsbury, Bryce Rudyk

December 2009

Belfer Center for Science and International Affairs, Harvard University

Abstract

Climate finance is fundamental to curbing anthropogenic climate change. Compared, however, to the negotiations over emissions reduction timetables, commitments, and architectures, climate finance issues have received only limited and belated attention. Assuring delivery and appropriate use of the financial resources needed to achieve emissions reductions and secure adaptation to climate change, particularly in developing countries, is as vital as agreement on emission caps.