Financing Climate Actions: Key to a Paris Agreement?

Author
Marek Wąsiński
Content Type
Policy Brief
Institution
The Polish Institute of International Affairs
Abstract
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.