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Financial Engineering of Climate Investment in Developing Countries "Nationally Appropriate Mitigation Action and How to Finance It"

Financial Engineering of Climate Investment in Developing Countries "Nationally Appropriate Mitigation Action and How to Finance It"

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  • ISBN:9781783080182
  • Editorial: Anthem Press
  • Fecha de la edición:
  • Encuadernación:
  • Nº Pág.:174
  • Idiomas:Inglés,Ingles

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This book gives the first no-nonsense, hands-on account of the financing principles and perspectives for Nationally Appropriate Mitigation Actions (NAMAs), the new kid on the block in the battle against climate change.
NAMAs are finding their own identity, and most importantly, finding a new financial basis without relying on a carbon market and carbon credit. While the NAMA model may be the right instrument at the right time, it is spawned from the climate change negotiation sphere that continues to suffer from its lack of interaction with the other spheres involved in its actual deployment. Despite 20 years of negotiations, a barrier remains between concept and action. The disconnect is first and foremost between the political sphere and the private-sector sphere, and is particularly rooted in the understanding - or misunderstanding - of finance.

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