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Development Assistance and Climate Finance

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  • Channing Arndt

Abstract

The distinction between development assistance and climate finance is driven by an optic of compensation largely derived from the 'polluter pays' principle. For practical as well as conceptual reasons, this principle provides a weak basis for climate finance. The distinction also cuts against the need to holistically consider developmental, adaptation, and mitigation policies and naturally focuses on government-to-government flows despite the manifest need to catalyse non-official sources of finance.

Suggested Citation

  • Channing Arndt, 2015. "Development Assistance and Climate Finance," WIDER Working Paper Series wp-2015-029, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2015-029
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2015-029.pdf
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    References listed on IDEAS

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    1. Paul Chinowsky & Channing Arndt, 2012. "Climate Change and Roads: A Dynamic Stressor–Response Model," Review of Development Economics, Wiley Blackwell, vol. 16(3), pages 448-462, August.
    2. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801.
    3. Richard Tol, 2013. "The economic impact of climate change in the 20th and 21st centuries," Climatic Change, Springer, vol. 117(4), pages 795-808, April.
    4. Pearce, David W, 1991. "The Role of Carbon Taxes in Adjusting to Global Warming," Economic Journal, Royal Economic Society, vol. 101(407), pages 938-948, July.
    5. World Bank, 2010. "World Development Report 2010," World Bank Publications - Books, The World Bank Group, number 4387, December.
    6. Paavola, Jouni & Adger, W. Neil, 2006. "Fair adaptation to climate change," Ecological Economics, Elsevier, vol. 56(4), pages 594-609, April.
    7. Jessica M. Ayers & Saleemul Huq, 2009. "Supporting Adaptation to Climate Change: What Role for Official Development Assistance?," Development Policy Review, Overseas Development Institute, vol. 27(6), pages 675-692, November.
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    Cited by:

    1. Channing Arndt & Finn Tarp, 2015. "Climate change impacts and adaptations: lessons learned from the greater Zambeze River Valley and beyond," Climatic Change, Springer, vol. 130(1), pages 1-8, May.

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