Climate Finance and City Resilience
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Climate Finance and City Resilience
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@podcastmasterminds
The Podcast discuss climate finance, exploring its definition, necessity, and avenues for mobilization. The World Resources Institute emphasizes the critical role of climate finance in 2025 for achieving global climate and nature goals, highlighting the urgent need to mobilize $1.3 trillion annually for developing nations. UNDP outlines what climate finance is, its different sources and instruments, and how it can be accessed by countries to meet their climate targets. The UNFCCC provides a formal introduction to climate finance within the context of international agreements, detailing the financial mechanisms and committees established to support climate action in developing countries. All the sources collectively underscore the urgency of scaling up climate finance to address the climate crisis and build resilience, particularly in vulnerable nations, and to invest in low-carbon development.
