International Financing Efforts to Address Climate Change

Many voices, domestic and international, have called upon the United States to increase foreign assistance to address climate change. Proponents maintain that such assistance could help promote low-emissions and high-growth economic development in lower income countries, while simultaneously protecting the more vulnerable countries from the effects of a changing climate. Recent studies estimate the needs for climate change financing in the developing world to range from US$4 billion to several hundred billion annually by the year 2030. This book examines the needs, sources and delivery methods for international climate change financing with a focus on the fundamental dispute concerning who should pay for it and how.