South Asia

The finance of climate mitigation and adaptation in developing countries represents a key challenge in the negotiations on a post-2012 international climate agreement. Finance mechanisms are important because stabilizing the climate will require significant emissions reductions in both the developed and the developing worlds, and therefore large-scale investments in energy infrastructure. The current state of climate finance has been criticized for its insufficient scale, relatively low share of private-sector investment, and insufficient institutional framework. This policy brief presents options for improving and expanding climate finance.

Managing the dangers of global climate change will require developing countries to participate in a global climate regime. So far, however, those nations have been nearly universal in their refusal to make commitments to reduce growth in their greenhouse gas emissions. This paper describes how a set of international "Climate Accession Deals" could encourage large policy shifts that are in developing countries' interests and also reduce greenhouse gas emissions.

"...Climate change will put stress on weak governments in poor countries and may lead to an increase in the number of failed states and become an indirect source of international conflict. United Nations Secretary General Ban Ki-moon argued in 2007 that the Darfur conflict 'began as an ecological crisis, arising in part from climate change.'

Such direct and indirect effects from human activity, while not malevolent in intention like terrorism, argue for a broadening of our concept of security and the adoption of new policies...."

Coal-based power plants are—and will continue to be—the backbone of India’s energy engine. They currently account for about 69 out of 128-gigawatt installed capacity of utilities, and projections by the Planning Commission indicate that coal will fuel the power sector for at least the next three decades.