The majority of mitigation potential lies in developing countries: Of the 17 billion tonnes of emissions reductions required in 2020, 70% is achievable in developing countries (Project Catalyst, 2009)2. Given the limited ability of developing countries to finance domestic mitigation, this will therefore require large scale financing from developed countries to allow developing countries to mee…
The Little REDD Book gave me a jump-start when the Norwegian sponsored REDD program was initiated. When I heard that the Little Climate Finance Book was ready for launching, a hope for a wider understanding of the essence of financing, especially through cap and trade systems, was raised. The climate challenge is substantial, and predictable climate finance is essential in the search for a …