Finance for Climate Action: Postcovid-19 Recovery Challenges
This paper is oriented to explore the new developments in climate action financing within the framework of Just Transition. This discourse is linked to the post COVID-19 recovery and the sustainable finance agenda. The study is done through extensive literature review, combining aspects PRISMA guide...
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2022 |
| País: | México |
| Institución: | Universidad Autónoma de Baja California Sur |
| Repositorio: | Redalyc-UABCS |
| OAI Identifier: | oai:redalyc.org:423772916001 |
| Acceso en línea: | https://www.redalyc.org/articulo.oa?id=423772916001 https://www.redalyc.org/journal/4237/423772916001/ https://www.redalyc.org/journal/4237/423772916001/html/ https://www.redalyc.org/journal/4237/423772916001/423772916001.epub https://www.redalyc.org/journal/4237/423772916001/movil |
| Access Level: | acceso abierto |
| Palabra clave: | Economía y Finanzas PostCOVID 19 recovery just transition Paris Agreement Climate action financing |
| Sumario: | This paper is oriented to explore the new developments in climate action financing within the framework of Just Transition. This discourse is linked to the post COVID-19 recovery and the sustainable finance agenda. The study is done through extensive literature review, combining aspects PRISMA guidelines and the Recursive Content Abstraction (RCA) analytical approach. After presenting the Just Transition framework, we analyze the provisions on financing of the Paris Agreement. Next, the financing gaps are identified with the COVID -19 impact. We pay a special attention on the debt service, the related developing countries difficulties, and the challenges for sub-national governments. Then we analyze the efficient market theory and its distortion in the time of COVID-19 crisis. Based on the topics discussed, at the end the paper presents some final remarks. |
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