Finance for Climate Action: Postcovid-19 Recovery Challenges
Abstract This paper is oriented to explore the new developments in climate action financing within the framework of Just Transition. This discourse is linked to the post COVID-19 recovery and the sustainable finance agenda. The study is done through extensive literature review, combining aspects PRISMA guidelines and the Recursive Content Abstraction (RCA) analytical approach. After presenting the Just Transition framework, we analyze the provisions on financing of the Paris Agreement. Next, the financing gaps are identified with the COVID -19 impact. We pay a special attention on the debt service, the related developing countries difficulties, and the challenges for sub-national governments. Then we analyze the efficient market theory and its distortion in the time of COVID-19 crisis. Based on the topics discussed, at the end the paper presents some final remarks.
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Instituto Mexicano de Ejecutivos de Finanzas A.C.
2022
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oai:scielo:S1665-534620220002000012022-10-24Finance for Climate Action: Postcovid-19 Recovery ChallengesIvanova Boncheva,Antonina C73 F34 F53 H81 O16 Q54 climate action financing just transition Paris Agreement PostCOVID-19 recovery Abstract This paper is oriented to explore the new developments in climate action financing within the framework of Just Transition. This discourse is linked to the post COVID-19 recovery and the sustainable finance agenda. The study is done through extensive literature review, combining aspects PRISMA guidelines and the Recursive Content Abstraction (RCA) analytical approach. After presenting the Just Transition framework, we analyze the provisions on financing of the Paris Agreement. Next, the financing gaps are identified with the COVID -19 impact. We pay a special attention on the debt service, the related developing countries difficulties, and the challenges for sub-national governments. Then we analyze the efficient market theory and its distortion in the time of COVID-19 crisis. Based on the topics discussed, at the end the paper presents some final remarks.info:eu-repo/semantics/openAccessInstituto Mexicano de Ejecutivos de Finanzas A.C.Revista mexicana de economía y finanzas v.17 n.2 20222022-06-01info:eu-repo/semantics/articletext/htmlhttp://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S1665-53462022000200001en10.21919/remef.v17i2.717 |
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Ivanova Boncheva,Antonina Finance for Climate Action: Postcovid-19 Recovery Challenges |
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Ivanova Boncheva,Antonina |
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Ivanova Boncheva,Antonina |
title |
Finance for Climate Action: Postcovid-19 Recovery Challenges |
title_short |
Finance for Climate Action: Postcovid-19 Recovery Challenges |
title_full |
Finance for Climate Action: Postcovid-19 Recovery Challenges |
title_fullStr |
Finance for Climate Action: Postcovid-19 Recovery Challenges |
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Finance for Climate Action: Postcovid-19 Recovery Challenges |
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finance for climate action: postcovid-19 recovery challenges |
description |
Abstract This paper is oriented to explore the new developments in climate action financing within the framework of Just Transition. This discourse is linked to the post COVID-19 recovery and the sustainable finance agenda. The study is done through extensive literature review, combining aspects PRISMA guidelines and the Recursive Content Abstraction (RCA) analytical approach. After presenting the Just Transition framework, we analyze the provisions on financing of the Paris Agreement. Next, the financing gaps are identified with the COVID -19 impact. We pay a special attention on the debt service, the related developing countries difficulties, and the challenges for sub-national governments. Then we analyze the efficient market theory and its distortion in the time of COVID-19 crisis. Based on the topics discussed, at the end the paper presents some final remarks. |
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Instituto Mexicano de Ejecutivos de Finanzas A.C. |
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2022 |
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http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S1665-53462022000200001 |
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AT ivanovabonchevaantonina financeforclimateactionpostcovid19recoverychallenges |
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1756442321837096960 |