Category: Community
Managerialism versus Climate Justice in financing Loss and Damage
By David Rossati Several commentaries on the latest climate negotiations at the UN hailed the creation of a new international climate fund as a historic breakthrough. Unlike other climate funds, this entity will manage a new stream of funding dedicated to ‘loss and damage’ faced by vulnerable countries. Within the realm of the Paris Agreement and…
Blue bonds: Shifting the responsibility innovatively
By Arınç Onat Kılıç When we think of debt, we cannot overlook the role it plays in the blue economy. There is an increasing emphasis on the importance of making financial flows consistent with improving ocean ecosystems, along with the recognition of the role oceans and seas play in climate change mitigation and adaptation. Through the efforts…
Who benefits from mobilising private sector investment for climate transition?
By Giedre Jokubauskaite The private sector has arguably caught up with an urgency of climate transition. This is visible from various climate initiatives that feature banks, insurers, consultancies, multinational corporations, and many others. The idea of ‘mobilising private investment’ for climate transition has also been an essential part of an increasingly popular policy discourse about how to finance green transition. The…
What does green mean in green microfinance?
by Frédéric Huybrechs An important item on the political agenda of dealing with climate change is the question of how to finance adaptation and mitigation. There are many options on the table, but debt-based instruments are gaining ground. One of them is ‘green microfinance’ or, in other words, the practice of banks and development finance…
Green Finance under the Escazu Agreement
By Héctor Herrera Over the last few years, two parallel processes have unfolded in Latin America and the Caribbean (LAC). They are seldom considered together, but must be analyzed as intersecting: the drafting and implementation of the Escazú Agreement on environmental participation, and the expansion of the green bond market. I argue that green bonds, debt…