Will the private sector pay the climate bill?
May 21, 2012
In a time where Western governments struggle to keep their national budgets above the red lines, increased allocations for climate finance are not popular.
However, there is a global agreement to increase annual climate finance up to the USD100 billion by 2020.
Acknowledging this target, governments have started to look for alternative sources, and there is an increasing hope that private finance is the answer.