Briefing Paper

Climate Finance: Challenges and Responses

“Embarking on a climate compatible development pathway now has a price tag. The cost of tackling climate change in developing countries could reach some hundreds of billions of dollars annually over the coming decades. Low-emission and climate-resilient development options often require upfront investments that can be costlier than conventional solutions. This policy brief provides CDKN’s assessment of the gaps in global knowledge and the immediate challenges for the international community in all three of these strategic priorities for climate finance. “