Financing for Climate Change - Challenges and Way Forward

The term ‘Climate Financing’ describes the challenge that the contemporary topic of climate change presents in context of financial resources required to cover the cost of adaptation, mitigation and technology. Both the urgency of climate change is...

The term ‘Climate Financing’ describes the challenge that the contemporary topic of climate change presents in context of financial resources required to cover the cost of adaptation, mitigation and technology. Both the urgency of climate change issues and their complexity require innovation and alternative thought in financial mechanisms to mitigate and adapt to its long and short term impact. In fact, alternative views on climate financing is increasingly seen as an effective mechanism to tackle the adverse impact of climate change as usual methods of development financing do not seem to work efficiently enough to generate funds particularly for climate change programmes.

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