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Rebooting a failed promise of climate finance

Author

Listed:
  • J. Timmons Roberts

    (Brown University)

  • Romain Weikmans

    (Université Libre de Bruxelles)

  • Stacy-ann Robinson

    (Colby College)

  • David Ciplet

    (University of Colorado Boulder)

  • Mizan Khan

    (International Centre for Climate Change and Development (ICCCAD))

  • Danielle Falzon

    (Brown University)

Abstract

The 2009 pledge to mobilize US$100 billion a year by 2020 in climate finance to developing nations was not specific on what types of funding could count. Indeterminacy and questionable claims make it impossible to know if developed nations have delivered; as 2020 passes, opportunity exists to address these failures in a new pledge.

Suggested Citation

  • J. Timmons Roberts & Romain Weikmans & Stacy-ann Robinson & David Ciplet & Mizan Khan & Danielle Falzon, 2021. "Rebooting a failed promise of climate finance," Nature Climate Change, Nature, vol. 11(3), pages 180-182, March.
  • Handle: RePEc:nat:natcli:v:11:y:2021:i:3:d:10.1038_s41558-021-00990-2
    DOI: 10.1038/s41558-021-00990-2
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    Cited by:

    1. Kruse, Tobias & Atkinson, Giles, 2022. "Understanding public support for international climate adaptation payments: Evidence from a choice experiment," Ecological Economics, Elsevier, vol. 194(C).
    2. Bayramoglu, Basak & Jacques, Jean-François & Nedoncelle, Clément & Neumann-Noel, Lucille, 2023. "International climate aid and trade," Journal of Environmental Economics and Management, Elsevier, vol. 117(C).
    3. Dahlen, Niklas & Fehrenkötter, Rieke & Schreiter, Maximilian, 2024. "The new bond on the block — Designing a carbon-linked bond for sustainable investment projects," The Quarterly Review of Economics and Finance, Elsevier, vol. 95(C), pages 316-325.
    4. Briera, Thibault & Lefèvre, Julien, 2024. "Reducing the cost of capital through international climate finance to accelerate the renewable energy transition in developing countries," Energy Policy, Elsevier, vol. 188(C).

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