Abstract
Tens of billions of US dollars are programmed from developed to developing countries to assist them in dealing with the impacts of climate change or to reduce greenhouse gas emissions. This is the world of climate finance, a stream of money which includes public funding set to swell to $100 billion yearly by 2020. These sums conceal agenda-setting stories on how different countries are coping with climate change. Drawing on data analysis and interviews with beneficiaries of climate finance, this article examines local and adaptation funding as two entry points into the field, connecting different perspectives on climate finance.
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Source: Pictures taken by the authors
Source: Elaborated by the authors based on (Soanes and Shakya 2016)
Source: Elaboration by the authors based on latest ODI’s CFU (2018) data
Source: Elaboration by the authors based on ODI’s Climate Funds Update (2018) data
Source: Elaboration by the authors based on Buchner et al. (2017)
Source: Elaboration by the authors based on ODI’s CFU data
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Notes
The authors are grateful to Thomson Reuters Foundation, which funded the trip. The interviews were conducted during the course of a workshop on climate finance.
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Gutiérrez, M., Gutiérrez, G. Climate Finance: Perspectives on Climate Finance from the Bottom Up. Development 62, 136–146 (2019). https://doi.org/10.1057/s41301-019-00204-5
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DOI: https://doi.org/10.1057/s41301-019-00204-5