Adaptation and the $100 billion Commitment: Why private investment cannot replace public finance in critical climate adaptation

Carty, Tracy

dc.contributor.author	Carty, Tracy	*
dc.date.accessioned	2013-11-13T17:14:45Z	en
dc.date.available	2013-11-13T17:14:45Z	en
dc.date.issued	2013-11-18
dc.identifier.isbn	978-1-78077-512-8
dc.identifier.uri	http://hdl.handle.net/10546/305370
dc.description	<p>Private finance has a vital role to play in the global response to climate change, but it is not a substitute for public finance. Developed countries have committed to mobilizing $100 billion in climate finance per year by 2020 to support climate adaptation and mitigation in developing countries. Reliance on private finance over public to meet these financing goals presents a triple whammy for pro-poor adaptation. Private finance will struggle to meet the essential adaptation needs of poor and marginalized people; it overwhelmingly favours mitigation over adaptation; and it favours richer developing countries over less developed countries. COP19 in Warsaw in November 2013 must turn ambiguity into action by advancing strategies to scale-up public finance for adaptation, and by providing assurances that commitments to critical support for the world’s poorest countries and communities over the coming years will be met.</p>	en_US
dc.format.extent	16	en_US
dc.language.iso	English	en_US
dc.language.iso	French	en_US
dc.language.iso	Spanish	en_US
dc.publisher	Oxfam International	en_US
dc.relation.url	https://policy-practice.oxfam.org.uk/publications/adaptation-and-the-100-billion-commitment-why-private-investment-cannot-replace-305370
dc.subject	Aid
dc.subject	Climate change
dc.subject	Conflict and disasters
dc.subject	Economics
dc.subject	Governance and citizenship
dc.title	Adaptation and the $100 billion Commitment: Why private investment cannot replace public finance in critical climate adaptation	en_US
dc.type	Issue briefing	en_US
oxfam.signoff.status	For public use. Can be shared outside Oxfam.	en_US
oxfam.subject.country	Bangladesh	en_US
oxfam.subject.country	Nepal	en_US
oxfam.subject.keyword	Climate change adaptation	en_US
oxfam.subject.keyword	Climate finance	en_US
oxfam.subject.keyword	Disaster risk management	en_US
oxfam.subject.keyword	Green Climate Fund	en_US
oxfam.subject.keyword	Natural resources	en_US
oxfam.subject.keyword	Disaster risk reduction	en_US
oxfam.subject.keyword	DRR	en_US
oxfam.subject.keyword	Disasters	en_US
oxfam.subject.keyword	Finance	en_US
dc.year.issuedate	2013	en_US
refterms.dateFOA	2018-08-20T11:39:46Z