Changing the Finance, Financing the Change
Climate finance refers to local, national or transnational financing, which may be drawn from public, private and alternative sources of financing. Climate finance is critical to addressing climate change because large-scale investments are required to significantly reduce emissions, notably in sectors that emit large quantities of greenhouse gases. Climate finance is equally important for adaptation, for which significant financial resources will be similarly required to allow countries to adapt to the adverse effects and reduce the impacts of climate change.
UN Environment's work focuses on supporting developing countries access climate finance (directly and through accredited entity). We also work on private climate finance through projects such as the Portfolio Decarbonisation Coalition.