气候变化领域集成服务门户(CCPortal): Climate finance governance: Fit for purpose?

CCPortal

DOI	10.1002/wcc.709
	Climate finance governance: Fit for purpose?
	Bracking S.; Leffel B.
发表日期	2021
ISSN	1757-7780
卷号	12 期号:4
英文摘要	This article consists of a critical review of the conceptual scholarship on the governance of climate finance and includes an overview of the institutional arrangements and governance logics that provide climate finance. New decentralized, polycentric structures allow for climate finance to more effectively reach the sub- and non-state actors most directly implementing climate change governance. However, the expansion of climate finance into market-inflected forms of blended finance, as well as debt-based financing, express a neoliberal logic that shifts power to market actors. This may challenge the efficacy of climate finance. We suggest that further research is needed on polycentric systems in climate finance, since an apparent expansion in the diversity of providers is also accompanied by a counter-intuitive concentration of decision-making power with financial fund managers. We join others in suggesting that the weight of scholarship advocates for a strong return to public authored finance and governance, under the auspices of Green New Deal programs and more widely. This article is categorized under: Policy and Governance > Multilevel and Transnational Climate Change Governance. © 2021 The Authors. WIREs Climate Change published by Wiley Periodicals LLC.
关键词	blended finance climate finance climate finance governance financialization municipal bonds
语种	英语
scopus关键词	Commerce; Decision making; Expansion; Finance; Critical review; Financial funds; Fit for purpose; Institutional arrangement; Non state actors; Climate change; climate change; decision making; environmental protection; governance approach; neoliberalism; public spending
来源期刊	Wiley Interdisciplinary Reviews: Climate Change
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/249635
作者单位	Department of Geography, School of Global Affairs, King's College London, London, United Kingdom; Department of Sociology, University of California Merced, Merced, CA, United Kingdom
推荐引用方式 GB/T 7714	Bracking S.,Leffel B.. Climate finance governance: Fit for purpose?[J],2021,12(4).
APA	Bracking S.,&Leffel B..(2021).Climate finance governance: Fit for purpose?.Wiley Interdisciplinary Reviews: Climate Change,12(4).
MLA	Bracking S.,et al."Climate finance governance: Fit for purpose?".Wiley Interdisciplinary Reviews: Climate Change 12.4(2021).