Climate finance: Analyzing the global movements, actions, and local framings

Title

Climate finance: Analyzing the global movements, actions, and local framings

Creator

Pandey, Ananya; Joseph, Jipson

Description

With emerging trends in industrialization, the globe is facing a rise in greenhouse gas emissions leading to extreme change in climatic conditions. Several connected issues such as melting of glaciers and increase in the level of greenhouse gas emissions are affecting the environment sustainability. The mitigation and adaptation of change in climatic conditions have become the need of the hour. Climate finance is the solution to these problems. Global climate finance in 2021-2022 was approximately $1.3 trillion annually. But much more is required to limit global temperature increases to 1.5C. The challenge of fulfilling global climate financing needed to enable adaptation plans and lower carbon emissions to sustainable levels is one of the significant discussions in the multilateral arena. In this perspective, the chapter analyzes the current actions and movements related to climate finance. The exploration of international, regional, and national instruments of climate finance have been significantly highlighted. 2025, IGI Global Scientific Publishing.

Source

Inclusive Finance in the Digital Era: Bridging Climate Goals and Financial Access;pp.35-57

Date

01-01-2025

Publisher

IGI Global

Coverage

Pandey A., Christ University, Bangalore, India; Joseph J., Christ University, Bangalore, India

Rights

Restricted Access; Hardcopy may be available in the library

Relation

ISBN: 979-833735200-8; 979-833735198-8;

Format

online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.4018/979-8-3373-5198-8.ch002

https://www.scopus.com/pages/publications/105011722932?origin=resultslist