气候变化领域集成服务门户(CCPortal): Climate finance policy in practice: a review of the evidence

CCPortal

DOI	10.1080/14693062.2020.1871313
	Climate finance policy in practice: a review of the evidence
	Bhandary R.R.; Gallagher K.S.; Zhang F.
发表日期	2021
ISSN	1469-3062
起始页码	60
结束页码	70
卷号	21 期号:4
英文摘要	This paper empirically evaluates how policy to mobilize climate finance works in practice. It examines the performance of nine types of climate finance policies, namely target lending, green bond policy, loan guarantee programmes, weather indexed insurance, feed-in-tariffs, tax credits, national development banks, disclosure policies and national climate funds, through a literature review and case studies. Both successful and unsuccessful country cases are examined. Criteria are established to evaluate climate finance policy, factors which lead to effective climate finance policy in practice are identified, current knowledge gaps are clarified, and policy implications provided. Key Policy insights The effectiveness of climate finance policies depends on the criteria being used. Strengths and weaknesses exist for each of the climate finance policies. Feed-in tariffs, tax credits, loan guarantees, and national development banks are all effective at mobilizing private finance, but evidence to date is weak or thin on the effectiveness of national climate funds, targeted lending, disclosure, and green bonds. Significant data and research gaps exist regarding the empirical impacts of climate finance policies, especially their environmental and equity impacts. In selecting climate finance policies, a balance should be struck between mobilization effectiveness, economic efficiency, environmental integrity, and equity. © 2021 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
英文关键词	Climate finance; economic efficiency; environmental integrity; equity; mobilization effectiveness; public policy
来源期刊	CLIMATE POLICY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/183662
作者单位	Fletcher School of Law and Diplomacy, Tufts University, Medford, MA, United States; School of Public Policy and Management, Tsinghua University, Beijing, China; Belfer Center of Science and International Affairs, Harvard Kennedy School, Cambridge, MA, United States
推荐引用方式 GB/T 7714	Bhandary R.R.,Gallagher K.S.,Zhang F.. Climate finance policy in practice: a review of the evidence[J],2021,21(4).
APA	Bhandary R.R.,Gallagher K.S.,&Zhang F..(2021).Climate finance policy in practice: a review of the evidence.CLIMATE POLICY,21(4).
MLA	Bhandary R.R.,et al."Climate finance policy in practice: a review of the evidence".CLIMATE POLICY 21.4(2021).