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Foreign Assistance in a Climate-Constrained World

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  • Channing Arndt
  • Christian Friis Bach

Abstract

The emergence of climate finance has the potential to catalyze positive changes in the institutional architecture and distribution mechanisms for financial flows to lower income countries. The nature of the challenge of development in the context of climate change argues for recipient country leadership in the implementation of co-ordinated development, adaptation, and mitigation strategies based on predictable and long-term financial flows. Transparent and effective information systems in recipient countries should be a key prerequisite to the initiation and continuation of these flows.

Suggested Citation

  • Channing Arndt & Christian Friis Bach, 2011. "Foreign Assistance in a Climate-Constrained World," WIDER Working Paper Series wp-2011-066, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2011-066
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2011-066.pdf
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    References listed on IDEAS

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    1. Martin L. Weitzman, 2011. "Fat-Tailed Uncertainty in the Economics of Catastrophic Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(2), pages 275-292, Summer.
    2. Jeffrey A. Frankel, 2009. "An Elaborated Global Climate Policy Architecture: Specific Formulas and Emission Targets for All Countries in All Decades," NBER Working Papers 14876, National Bureau of Economic Research, Inc.
    3. N. Ranger & L. Gohar & J. Lowe & S. Raper & A. Bowen & R. Ward, 2012. "Is it possible to limit global warming to no more than 1.5°C?," Climatic Change, Springer, vol. 111(3), pages 973-981, April.
    4. Pearce, David W, 1991. "The Role of Carbon Taxes in Adjusting to Global Warming," Economic Journal, Royal Economic Society, vol. 101(407), pages 938-948, July.
    5. Raghuram G. Rajan & Arvind Subramanian, 2008. "Aid and Growth: What Does the Cross-Country Evidence Really Show?," The Review of Economics and Statistics, MIT Press, vol. 90(4), pages 643-665, November.
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    Cited by:

    1. Channing Arndt & Finn Tarp, 2017. "Aid, Environment and Climate Change," Review of Development Economics, Wiley Blackwell, vol. 21(2), pages 285-303, May.
    2. Alemu Mekonnen, 2014. "Economic Costs of Climate Change and Climate Finance with a Focus on Africa," Journal of African Economies, Centre for the Study of African Economies, vol. 23(suppl_2), pages 50-82.
    3. Channing Arndt, 2015. "Development assistance and climate finance," WIDER Working Paper Series 029, World Institute for Development Economic Research (UNU-WIDER).

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