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Subnational Investments in Mitigation and Adaptation to Climate Change: Some Financing and Governance Issues

Author

Listed:
  • Luiz de Mello

    (Economics Department, OECD)

  • Teresa Ter-Minassian

    (Fiscal Affairs Department, IMF)

Abstract

This paper explores the role of subnational investments in climate change mitigation and adaptation, emphasizing the importance of subnational entities in driving climate action at the local level. We discuss financing options, including public funds and private sector engagement, as well as governance structures necessary for effective subnational climate action. We also highlight the need for multi-level governance, collaboration, and clear policy frameworks to support subnational entities in implementing climate change initiatives.

Suggested Citation

  • Luiz de Mello & Teresa Ter-Minassian, 2023. "Subnational Investments in Mitigation and Adaptation to Climate Change: Some Financing and Governance Issues," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper2324, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    • Handle: RePEc:ays:ispwps:paper2324
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    File URL: https://icepp.gsu.edu/files/2023/12/paper2324.pdf
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