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Climate Finance : An ill-designed instrument for development and environment assistance

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  • Bourguignon, Francois

Abstract

The note identifies key flaws in climate finance management, including unclear fund allocation between mitigation and adaptation efforts, confusion over definitions, and potential crowding out of Official Development Assistance (ODA). With developing nations needing far more than $100 billion to meet climate goals, this paper advocates for reforms to optimize the effectiveness and efficiency of climate finance, ensuring that resources meet actual needs and maximize their impact.

Suggested Citation

  • Bourguignon, Francois, 2025. "Climate Finance : An ill-designed instrument for development and environment assistance," FDL Policy Notes 2507, CEPREMAP.
    • Handle: RePEc:cpm:notfdl:2507
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    File URL: http://findevlab.org/wp-content/uploads/2025/05/FDL_Policy-Note_Climate-Finance_April-25.pdf
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