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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