Traversing the Complex Realm of Climate Finance

Abstract

Climate Financing is the state, national or multinational funding that aims to facilitate climate change mitigation and adaptation measures. The Kyoto Protocol Convention and the Paris Agreement call for financial help to those who are less privileged from developed countries that have more financial capital. The need for Climate Finance is linked to the enormous investments needed to reduce emissions.

In this edition of the Conversations in Development Studies Journal, we try to explore the need for considerable financial capital to adapt to the adverse effects and reduce the threat of climate change. We focus on Climate Finance as articulating the needs and financial flow of different geographical regions and designing a more robust monitoring and guiding parametric framework that is done at a national, sectoral, or local level. This edition of the Journal also explores Climate Finance and South Asian Projects of fossil fuel transition in India.

Keywords: Climate Finance, Fossil Fuel, Paris Agreement