Climate Finance

Mobilizing adequate finance for climate action is an essential component of climate change policy. How governments best mobilize green finance through a variety of different kinds of policy tools and mechanisms is a major focus of CPL research. We examine different kinds of climate policies such as target lending, green bond policy, loan guarantee programs, weather-indexed insurance, feed-in tariffs, tax credits, national development banks, disclosure policies, and national climate funds from the point of view of speed and breadth of financial mobilization, economic efficiency, environmental effectiveness, and equity. We also examine how international development finance affects climate outcomes and analyze how best to identify policy pathways for greening development finance.

Research Focuses