- Subject(s):
- Climate change — Treaties, amendments and modification — Treaties, application — Treaties, interpretation
This chapter focuses on climate finance via Article 9 of the Paris Agreement. Climate finance is a central piece of the international climate change architecture and was determinant in reaching a global agreement on climate change in Paris. The Paris Agreement introduces a broader understanding of climate finance, which historically had been limited to public financial flows from developed to developing country Parties. Article 9 is in line with Article 2.1(c) that sets ‘making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development’ as the third objective of the Agreement. It is a result of the recognition of the economic and financial reality that in order to overcome the challenges posed by climate change, every single kind of available financial flows is needed.
Users without a subscription are not able to see the full
content. Please,
subscribe
or
login
to access all content.