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Development Assistance and Climate Finance

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  • Arndt Channing

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. Beyond the .polluter pays. principle, ample justifications, such as the conceptions of justice set forth by Sen, for an international architecture that addresses integrated climate and development challenges.

Suggested Citation

  • Arndt Channing, 2015. "Development Assistance and Climate Finance," WIDER Working Paper Series 029, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp2015-029
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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. repec:cup:cbooks:9780521700801 is not listed on IDEAS
    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. Martin L. Weitzman, 2011. "Fat-Tailed Uncertainty in the Economics of Catastrophic Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(2), pages 275-292, Summer.
    5. 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.
    6. Paavola, Jouni & Adger, W. Neil, 2006. "Fair adaptation to climate change," Ecological Economics, Elsevier, vol. 56(4), pages 594-609, April.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Climatic changes; Economic assistance and foreign aid; Global warming;

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