Climate finance was incepted as a form of international development under the umbrella of the 1992 United Nations Framework Convention on Climate Change for the purposes of implementing emissions reductions and adaptation measures in developing countries. After more than twenty years from its...

The transition to climate neutrality requires the reallocation of production factors from polluting activities to non-polluting activities. The main push for this reallocation will come from governmental decarbonisation targets that are translated into stringent climate policy tools, such as...