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Development Assistance and Climate Finance

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  • Channing Arndt

Abstract

The distinction between development assistance and climate finance is driven by an optic of compensation largely derived from the 'polluter pays' principle. For practical as well as conceptual reasons, this principle provides a weak basis for climate finance. The distinction also cuts against the need to holistically consider developmental, adaptation, and mitigation policies and naturally focuses on government-to-government flows despite the manifest need to catalyse non-official sources of finance.

Suggested Citation

  • Channing Arndt, 2015. "Development Assistance and Climate Finance," WIDER Working Paper Series wp-2015-029, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2015-029
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2015-029.pdf
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    Cited by:

    1. Channing Arndt & Finn Tarp, 2015. "Climate change impacts and adaptations: lessons learned from the greater Zambeze River Valley and beyond," Climatic Change, Springer, vol. 130(1), pages 1-8, May.

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