The book is the first to provide a complete overview of international climate finance. In the Copenhagen Accord of 2009, developed countries jointly committed to mobilize US$100 billion per year to address climate change in developing countries. The book presents the best information available on this subject: an overview of current international climate finance, estimates of the incremental investment and cost of mitigation measures, estimates of the additional funding needed for adaptation, analyses of potential sources of international climate finance, and the institutional and governance arrangements to deliver the funds effectively.

Climate finance will play an increasingly important role in international efforts to address climate change over the next decade and this book is currently the only source of all relevant material on international climate finance for policymakers and researchers.

About the Author

Erik Haites is President of Margaree Consultants Inc., Canada. He advises clients on economic aspects of climate change, including the design of market mechanisms and international financial mechanisms. He was a consultant to the UNFCCC secretariat during the negotiation of the rules for the Kyoto mechanisms.

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