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dc.titleClimate Finance Strategies: Analysis of International Experiences
dc.contributor.authorJaramillo, Marcela
dc.contributor.authorDelgado, Raúl
dc.contributor.authorTalbot-Wright, Hipólito
dc.contributor.authorTorres Pelaez, Daniela
dc.contributor.authorGonzáles Carrasco, Luis
dc.contributor.authorRuíz, Ulises
dc.contributor.authorRosales, Regina
dc.contributor.authorHernández, Yunuén
dc.contributor.orgunitClimate Change and Sustainable Development Sector
dc.contributor.orgunitFiscal Management Division
dc.contributor.orgunitClimate Change and Sustainable Development Sector
dc.contributor.orgunitClimate Change Solutions Division
dc.contributor.orgunitInstitutions for Development Sector
dc.coverageLatin America and the Caribbean
dc.date.available2024-05-13T00:05:00
dc.date.issue2024-05-13T00:05:00
dc.description.abstractCountries use climate finance strategies to assess fiscal needs and guide public and private finances to achieve mitigation goals and meet adaptation challenges. They make it possible to identify the barriers to financing for these purposes and mechanisms to overcome them, such as counter incentives, insufficient regulation, lack of concrete investment objectives, misalignment of visions, and information asymmetries with respect to the classification of sustainable activities. In recent years, there has been an increase in the development of these strategies, and 75 percent of Latin American and Caribbean countries already have or are developing one. During the first half of 2023, the Regional Climate Change Platform of Ministries of Economy and Finance analyzed cases from 16 countries within and outside the region to identify best practices in the design and implementation of these strategies. This document provides information, policy recommendations, and lessons learned in the region to help improve their effectiveness going forward.
dc.format.extent42
dc.identifier.doihttp://dx.doi.org/10.18235/0012965
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Climate-Finance-Strategies-Analysis-of-International-Experiences.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Estrategias-financieras-climaticas-analisis-de-experiencias-internacionales.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.relation.seriesMEF Climate Change Platform
dc.subjectFinance
dc.subjectMinistries
dc.subjectClimate Change
dc.subjectNationally Determined Contribution
dc.subjectClimate Finance
dc.subjectInvestment
dc.subjectBlended Finance
dc.subjectEconomy
dc.subjectTax Expenditure
dc.subjectMEF Climate Change Platform
dc.subject.jelcodeH50 - National Government Expenditures and Related Policies: General
dc.subject.jelcodeH59 - National Government Expenditures and Related Policies: Other
dc.subject.jelcodeO10 - Economic Development: General
dc.subject.jelcodeO23 - Fiscal and Monetary Policy in Development
dc.subject.jelcodeQ50 - Environmental Economics: General
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.keywordsclimate finance strategies;Sustainable Finance;investment plans;financial instruments;public finance;Fiscal policy;climate change
dc.typeLearning Materials
idb.identifier.pubnumberIDB-LM-00661
idb.operationRG-T3993
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