Abstract
There is no universally accepted definition of climate finance, with different international organizations offering varying interpretations. Nevertheless, common elements across these definitions focus on reducing emissions, enhancing greenhouse gas absorption, mitigating the negative impacts of climate change and improving resilience. For these reasons, climate finance can play a crucial role in supporting multiple Sustainable Development Goals (SDGs), particularly through promoting renewable energy, reducing poverty and advancing economic and social sustainability. However, inefficient use of climate funds can hinder SDG progress. Future research and practice must focus on ensuring global fairness in financial allocation, improving transparency and strengthening regulatory frameworks.
| Original language | English |
|---|---|
| Title of host publication | Essential Concepts for Implementing the Sustainable Development Goals |
| Subtitle of host publication | An A-Z Guide |
| Editors | Frank Biermann, Thomas Hickmann, Yi hyun Kang, Carole-Anee Senit, Yixian Sun |
| Place of Publication | London |
| Publisher | Routledge |
| Chapter | 11 |
| Pages | 24-26 |
| Number of pages | 3 |
| Edition | 1st |
| ISBN (Electronic) | 9781040392454 |
| ISBN (Print) | 9781032857251 |
| Publication status | Published - 24 Jul 2025 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy -
SDG 13 Climate Action
ASJC Scopus subject areas
- General Economics,Econometrics and Finance
- General Business,Management and Accounting
- General Social Sciences
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