International Climate Finance Within the Framework of Sustainable Economy
Abstract
The aim of this paper is to review climate finance from the standpoint of sustainable economy. It covers international climate finance. As a method, descriptive analysis is employed by examining recent global figures. Findings indicate that climate finance public-private split has increased in favor of private sector throughout the time, the households/individuals take the highest amount for private sector, while the national development finance institutions receive the largest amount for the public, climate finance instruments were not equally distributed among each other. The paper concludes that climate-oriented projects as part of sustainability in economy are becoming key and pivotal issue in global and local finance and more funds have been directed to ‘climate finance’ in international loan markets by local and international financial institutions with the rise of the notion of sustainability.
Keywords
Climate Finance, Sustainable Economy., Sustainability
Ethical Statement
This study is prepared in line with ethical rules.
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