Climate Finance: An Insight - By Chronicle Editorial Team

Climate finance is needed both to mitigate the emissions causing climate change and to help communities and economies adapt to the changes that are now inevitable. If greenhouse gas emissions are not reduced immediately and at scale, it won’t be possible to limit warming to 1.5° C, or even 2° C, putting the world on a catastrophic path. Climate finance helps countries meet their NDCs and implement their NAPs. Making adequate finance available is therefore crucial to making progress towards meeting the Paris goals.

The main objective of the COP27 climate conference in Egypt later this year will be to move ....