Climate Finance

Climate finance is widely understood as financial flows supporting climate mitigation and adaptation efforts. Yet, this definition masks significant debates. Key ambiguities regarding its sources, measurement criteria, beneficiaries, and decision-making authority, expose deep ideological and political divergences in the global response to climate change. Climate finance raises critical questions about the respective roles of the public and private sectors in addressing climate challenges and their implications for justice, equity, and impact. the centralised allocation of climate finance can also conflict with local communities’ interests and principles of inclusivity, transparency and ownership.