About this document
Adaptation and The $100 Billion Commitment: Why Private Investment Cannot Replace Public Finance in Critical Climate Adaptation by Oxfam is a document available to read on EtoBox.
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
- Author
- Oxfam
- Language
- EN