Climate Finance 101 – A Primer on Climate Finance

Climate finance forms a huge part of climate action. Under the United Nations Framework and Convention on Climate Change (UNFCCC), governments in the Global North are required to provide climate finance to the peoples and communities of the Global South to finance resilience building, lowering greenhouse gas (GHG) emissions, and addressing the worsening losses and damages.

This briefer answers the important questions on how climate finance is established under the UNFCCC, the Paris Agreement (PA), and basic information on where we are now on the Global South’s demand for adequate, non-debt-creating, unconditional, and urgently-delivered climate finance through UNFCCC climate finance mechanisms.