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10 things to know about climate change and financing for development

Briefing/policy papers

Written by Smita Nakhooda, Charlene Watson

​For the Third International Conference on Financing for Development, the 10 things you need to know about climate change and financing for development are:


  • Tackling climate change opens better paths to development
  • The $5 trillion to be spent on transport should improve energy efficiency and bring health benefits
  • As developing countries ramp up investment, the cost of clean energy is plummeting
  • Protecting forests protects livelihoods and addresses climate change
  • Climate resilient agricultural investments can help end hunger
  • Spending on social protection can enhance resilience to climate change
  • Disasters already cost $100 billion a year – and climate change may make this much worse
  • Developing countries are investing in climate action
  • Financial institutions are finally starting to promote low-carbon development and manage climate risk
  • More climate finance doesn’t mean less aid for poor countries


Smita Nakhooda, Charlene Watson