In this video tutorial, we explain all about climate finance, its purpose, its funding sources, how it can be beneficial etc.
What is Climate Finance?
Climate finance generally means any type of financing that is used to tackle climate change or in a specific way. It refers to the capital received by developing countries from developed countries to tackle and mitigate the negative impacts of climate change.
Who benefits from climate finance?
Climate finance typically helps developing countries fight the adverse impacts of climate change and then move towards those energy sources and technologies that have a very little negative impact on our environment.
What are the sources for climate finance?
– Banks
– Financial markets such as stock markets
– Green Bonds
– Concessional loans
– Grants and Donations.
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