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Climate finance and in particular adaptation finance has never been higher on the climate change agenda. The Paris Agreement in December 2015 confirmed the goal of providing US$100 billion each year by 2020 for climate action in developing countries, with balanced allocation between adaptation and mitigation, and agreed to set a new, longer-term collective goal by 2025.
Adaptation finance is of particular relevance for Pacific island countries, which are among the states in the world most vulnerable to climate change. Australia is one of the main providers of assistance for climate change adaptation in the region. Other forms of finance in response to climate change impacts are also increasingly advocated, including finance for loss and damage. The regional strategy for climate change and disaster resilient development is still to be finalised.
This panel brought together experts on international climate change policy and climate finance in the Pacific. Presenters discussed the extent and nature of climate financing in the Pacific, its governance, and Australia’s contribution.
- Jonathan Pickering, Postdoctoral Research Fellow, Centre for Deliberative Democracy and Global Governance, University of Canberra
- Carola Betzold, Postdoctoral Research Fellow, University of Antwerp, and Visiting Research Fellow, Development Policy Centre, Crawford School, ANU
- Ian Fry, Lecturer, Fenner School, ANU, and Ambassador for Climate Change and Environment for the Government of Tuvalu
- George Carter, PhD Candidate, State Society and Governance in Melanesia Program, ANU
This panel was co-hosted by the Australian National University’s Development Policy Centre and the University of Canberra’s Centre for Deliberative Democracy and Global Governance.
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