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Viewpoints

Aug. 12, 2019

Viewpoints present policy proposals, considered opinions, and commentary by distinguished policymakers, leaders from business and non-governmental organizations, and scholars. The Harvard Project on Climate Agreements does not advocate any specific climate change policy proposals. Statements and views expressed in Viewpoints are solely those of the authors and do not imply endorsement by Harvard University, the Harvard Kennedy School, or the Harvard Project on Climate Agreements.

For more information on this publication: Belfer Communications Office
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A detailed look at China’s development of a hydrogen bomb in fewer than three years, quicker than all other initial nuclear weapons states.
'New Cold Wars' are “more complex, more dangerous than the old one, because China and Russia are teaming up together.”
While U.S. media reports blame Iran and its drone attacks for “pouring gasoline on a region that is already in flames,” there's a lot more to the story, and “most of it reflects poorly on the United States.”
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A Chinese resident looks at a solar panel in a residential area in Nanjing, Dec. 1, 2009. Solar energy supplies heating and hot water to as many as 150 million Chinese.

AP Photo

Policy Brief - Harvard Project on Climate Agreements, Belfer Center

Climate Finance: Key Concepts and Ways Forward

    Authors:
  • Richard B. Stewart
  • Benedict Kingsbury
  • Bryce Rudyk
| December 2, 2009

Climate finance is fundamental to curbing anthropogenic climate change. Compared, however, to the negotiations over emissions reduction timetables, commitments, and architectures, climate finance issues have received only limited and belated attention. Assuring delivery and appropriate use of the financial resources needed to achieve emissions reductions and secure adaptation to climate change, particularly in developing countries, is as vital as agreement on emission caps. Yet, a comprehensive framework on financing for mitigation and adaptation is not in sight. Developed and developing countries cannot agree on even the fundamentals of what should be included (e.g. should private finance through carbon markets be included?), let alone the level and terms of financing commitments, regulatory and other mechanisms, or governance structures.