Development of climate finance: practices and prospects

doi:10.12006/j.issn.1673-1719.2024.210

Abstract

Abstract:

This paper elaborates on the definition and origin of climate finance, analyzing its development, current status, challenges, and opportunities both domestically and internationally. Moreover, this paper explores how multilateral development banks are innovating in climate finance and discusses the lessons and value that can be learned from their approaches. Finally, the paper proposes seven recommendations to promote the future development of climate finance in China: improving the policy system of climate finance, establishing diversified financing channels, strengthening the construction of climate finance service systems, enhancing the application of digital technology, building a high-quality climate investment and finance project pool, exploring quantitative methods for climate finance, and intensifying international cooperation and exchanges.

Key words: Climate change, Climate finance, Green finance

LYU Xue-Du, CHEN Jia-Qi, GE Hui, ZHU Yi-Dan. Development of climate finance: practices and prospects[J]. Climate Change Research, 2025, 21(1): 78-90.

Figures/Tables 4

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