Creative positioning of climate action projects, if backed by novel, regulatory and market-based mechanisms, can draw in a larger pool of financing from a diverse set of private donors, including those guilty of creating carbon trails in the first place
At COP 27, negotiations connected to the NCQG work programme ought to focus on enhancing private investments for climate action in vulnerable countries Image: Shutterstock
[This article has been published with permission from IIM Bangalore. www.iimb.ac.in Views expressed are personal.]