Possible Solutions to Fund Climate Infrastructure

by Charlotte Morrissey

In 2008, during much of the world’s economic struggle, a collection of powerful developed countries agreed to collect $100 billion per year to fund effective solutions to climate change damage in developing countries. Buchner et al. (2015) considered the most effective ways to collect and use this money to its full benefit. The paper cites these possibilities as ways to pay for new infrastructure and services to combat the effects of climate change internationally. They are hoping, as a larger objective, for a clear goal to drive the use of funds collected and increased transparency between those providing the money and those using it. The article begins with a call for more concrete language detailing the uses of this money and how to know if it is making positive change. This must be done to “ensure it supplements and compliments public resources,” and is used efficiently by the communities that receive it. Continue reading