Financing climate policy

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Description: Developed countries could provide financial resources to assist developing countries by implementation of mitigation and adaptation policies. To mobilise these funds, several mechanisms exist, of which the effect can be analysed
Reference: Hof et al., 2009; Hof et al., 2011;
Is implemented in: Climate policy
Associated theme items: Other climate (Climate)

Effects of this policy intervention on components

Component: Climate policy
Effect : Implementation of climate financing proposals affect regional mitigation costs, as regions have to contribute to financing. The funds mobilised can be used to finance climate policies of the least developed regions.