Across the globe climate policy is shifting away from a carbon price towards investment subsidies, such as grants, interest-subsidised loans or guarantees. This increases the risk of inefficient public spending. This paper shows how the main market imperfections related to the emission...

The distinction between development assistance and climate finance is driven by an optic of compensation largely derived from the 'polluter pays' principle. For practical as well as conceptual reasons, this principle provides a weak basis for climate finance. The distinction also cuts against...

We develop the climate finance-gender equity framework in this paper and use the 'contextual-procedural-distributive' equity as a lens of analysis to examine how climate finance helps challenge, and reinforce, gender inequities in the mitigation, adaptation and disaster management strategies....

Given its developmental underpinnings, adaptation finance has remained largely within the government purview of many developing countries. However, due to the exacerbation of climate impacts, there is a dire need to augment this source with private capital. This paper discusses the current...

We investigate financial experts' beliefs about climate risk pricing and analyze how those beliefs influence stock return expectations. In a comprehensive survey, we elicit experts' beliefs using both structured and open-ended questions. We establish that most experts share the view that climate...

"This policy brief provides an overview and assessments of debates on development policy. In view of changing international contexts, it addresses the need to reorient German development policy in the long term and initiate reforms. Five recommendations for decision-makers are formulated: 1....

Green investment vehicles are limited by multiple market failures, such as high transaction costs for certification and monitoring, and high minimum investment sizes. In this exploratory study, we apply an inductive approach based on qualitative evidence from expert feedback to assess the...

Considering the importance of political economy in implementing Disaster Risk Reduction (DRR), this research investigates the significance of political economy in the distribution of DRR funding in Bangladesh. The study analysed data from self-reported surveys from 133 members of the...

Climate finance is growing popular in addressing challenges of climate change because it controls the funding and resources to emission entities and promotes green manufacturing. In this study, we determined that PM2.5, PM10, SO2, NO2, CO, and O3 are the target pollutant in the atmosphere and we...