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    The Paris Agreement and Implications for Climate Finance

    Moon, Jin-Young | February 2016
    Abstract
    The Paris Agreement was adopted on December 12, 2015 after two weeks of negotiations at the 21st Conference of the Parties (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC). The new climate agreement is considered a historic outcome replacing the Kyoto Protocol, leading all Parties in the UNFCCC to reduce greenhouse gas emissions based on their intended nationally determined contributions (INDCs). Climate finance is a major means of implementing the agreement to support developing countries with respect to both mitigation and adaptation. In addition, scaling up climate finance plays a key part in enhancing capacity building and technology development and transfer in developing country Parties. It was not surprising to see negotiations on the agenda of climate finance continue on until just before the closing of the COP21 in Paris, France.
    Citation
    Moon, Jin-Young. 2016. The Paris Agreement and Implications for Climate Finance. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/10536.
    Keywords
    Climate
    Climate change
    Climate impacts assessment
    Global climate change
    Asian Development Bank
    Development
    Regional Economic Integration
    Financial Sector Policies
    Financial Risk Management
    Bond Financing
    Climatic change
    Climatic influence
    Climatology
    Investment bank
    Investment policy
    Capital Market
    Regional Plans
    Regional Development Bank
    Development finance
    Municipal Bonds
    Local Government
    Local Taxes
    International Monetary Relations
    International Financial Market
    International Banking
    Central Banks
    Business Financing
    Capital Resources
    Budgetary Policy
    Capital Needs
    Corporate Divestiture
    Capital Instruments
    Pension Funds
    Insurance Companies
    Banks
    Portfolio Management
    Fiscal Administration
    Economics of Education
    Development Banks
    Insurers
    Insurance stocks
    Insurance holding companies
    Insurance carriers
    Insurance agencies
    Business subsidies
    Investment companies
    Foreign investment
    Equity Finance
    International banks and banking
    Stock exchanges
    Grants
    Loans
    Communication in rural development
    Communication in community development
    City planning
    Urban climatology
    Bank investment
    Capital investment
    Investment banking
    Venture capital
    Local government bonds
    Bonds
    Catastrophe bonds
    Bond funds
    Bond market
    Multilateral development banks
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/10536
    Metadata
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    KIEPopinions_no77.pdf (421.9Kb)
    Author
    Moon, Jin-Young
    Theme
    Climate
    Finance
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise