Financing Climate Actions: Key to a Paris Agreement?
- Marek Wąsiński
- Content Type
- Policy Brief
- The Polish Institute of International Affairs
- he Paris Climate Conference to be held in December may be the last chance to deliver a global agreement on tackling climate change. One issue that could be a game-changer for the negotiations and one that is inevitable to achieve global climate goals is so-called climate finance. The existing framework does not provide enough predictability and capacity to limit global warming to a maximum of 2°C. A clear mechanism for gathering public funds from developed countries and the inclusion of private investments is needed to secure reliable post-2020 climate actions.