climate finance (Q1343)
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Financial actors and resources that are primarily directed towards climate change mitigation, adaptation and compensation.
- climate change finance
- climate funding
- funding climate action
- financing climate action
- financing climate change action
- funding climate change action
- financing climate response
- funding climate response
- climate change financing
- climate financing
- financing to climate
- funding of climate
- financing of climate
- funding to climate
- climate and carbon finance
Language | Label | Description | Also known as |
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English | climate finance |
Financial actors and resources that are primarily directed towards climate change mitigation, adaptation and compensation. |
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Statements
Climate finance encompasses financial actors and resources primarily directed towards climate change mitigation, adaptation and compensation. It is characterised by its specific intent to address the challenges and impacts of climate change. Climate finance involves the flow of funds through different channels to projects, programmes and initiatives that directly address the challenges and impacts of climate change. Climate finance is specifically allocated to activities that aim to reduce greenhouse gas emissions (mitigation), enhance resilience to climate impacts (adaptation) or address loss and damage caused by climate change using a range of financial instruments. It includes financial flows for capacity building and policy development as well as for project implementation. Climate finance can be tracked at different levels, from project-level data to aggregated estimates.