Climate Finance

How is the struggle against climate change financed? Climate Finance: Theory and Practice gives an overview of the key debates that have emerged in the field of climate finance, including those concerned with efficiency, equity, justice, and contribution to the public good between developed and developing countries. With the collaboration of internationally renowned experts in the field of climate finance, the authors of this book highlight the importance of climate finance, showing the theoretical aspects that influence it, and some practices that are currently being implemented or have been proposed to finance mitigation and adaptation policies in the developed and developing world.

Contents:Challenges in International Climate Finance (Ibon Galarraga, Anil Markandya and Dirk Rübbelke)Practical Perspective:Climate Finance and International Negotiations on Climate Policy (María Victoria Román, Alberto Ansuategi and Anil Markandya)Adaptation Finance: Setting the Ground for Post-Paris Action (Chiara Trabacchi and Barbara Buchner)Engaging Private Sector and Mobilizing Private Finance through Mitigation Actions in Developing Countries (Alina Averchenkova)Green Bonds and Climate Finance (Christa Clapp and Kamleshan Pillay)Critical Natural Resources and Climate Change Mitigation (Anja Brumme)Theoretical Perspective:Putting Climate Finance into Context: A Global Public Goods Perspective (Inge Kaul)International Adaptation Funding and the Donor's Welfare Maximization (Oliver Schenker and Gunter Stephan)Pareto Improvements Induced by Climate Funding in a Strategic Adaptation-Mitigation Framework (Wolfgang Peters, Reimund Schwarze and Anna-Katharina Topp)Funding International Climate Protection: How to Overcome the Bergstrom Paradox? (Wolfgang Buchholz, Richard Cornes, Wolfgang Peters and Dirk Rübbelke)Conditional Transfers in International Climate Policy — The Case of Adaptation Transfers (Karen Pittel and Dirk Rübbelke)Technological Transfers in Global Climate Policy — A Strategic Perspective (Wolfgang Buchholz, Lisa Dippl and Michael Eichenseer)Appraising Investments:Mean-Reverting Lévy Jump Dynamics in the European Power Sector (Julien Chevallier and Stéphane Goutte)The Use of Real Option Approach for the Evaluation of Climate Investments (Luis Mari Abadie and Ibon Galarraga)
Readership: Advanced climate change finance students; research personnel; and professionals in the field, such as policy makers and consultants.