a tool-kit for assessing climate mitigation and adaptation funding mechanisms
Developed countries have committed to raising $100 billion a year to help finance climate mitigation and adaptation activities in developing countries. Where will this money come from?
The new report from IDS (Institute of Development Studies) and Stamp Out Poverty looks at this question. It develops a tool-kit to enable interested parties to assess and compare the various funding proposals on the table. By applying this methodology, the report suggests a 'portfolio' of funding mechanisms that could generate in the region of $70 billion a year, helping developed countries to meet their pledges.
Notably, an FTT stands out amongst the other mechanisms in terms of the quantity of revenue that could be generated.
You can download the full report below:
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