In order to achieve the climate change mitigation and adaptation objectives of the Paris Agreement, massive reorientation of financial flows is required. Article 2.1c of the Paris Agreement reflects the pledge to make “finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.” The Climate Finance team at Perspectives aims to contribute to this objective by providing independent research and advisory services aimed at aligning financial flows with the Paris Agreement.
Some examples of our work in this area include research and policy dialogues on the reforms of the export finance system at national and international levels, evaluation of innovative instruments for Loss & Damage and publication of the “International Climate Finance Handbook,” to name only a few.
Our Work
Examples of our work:
What Sets Us Apart
Our seasoned climate finance team provides independent and high-quality research and advisory services to governments, non-governmental organizations and financial institutions acting as a bridge between research and policymaking.
Public international climate finance is scarce, allocated in opaque ways, and often not spent effectively. Definitions of climate finance are manifold and controversial. Adaptation finance is grossly insufficient. Some countries are reporting climate finance in highly doubtful ways. Ex post evaluation of climate finance spending is rare and often not convincing. Methods to estimate the mobilisation of private finance are not robust. Perspectives can help you to traverse the “jungle” of public climate finance and to understand what works and what does not.
Axel Michaelowa
International flows of public finance are not aligned with the Paris Agreement. Public finance institutions such as Export Credit Agencies (ECAs) still channel billions of dollars into fossil fuel projects every year. These public finance flows must urgently be redirected into investments that support the energy transition. Perspectives’ recent research in this area provides recommendations for reforms and informs policymakers at the national and international levels with the objective of fully aligning public finance with the Paris Agreement.
Igor Shishlov
Discover our other initiatives
International climate finance
Initiatives & Policy Dialogues >> Initiative overview International climate finance plays a pivotal role in enabling developing countries to pursue low-carbon (mitigation) and climate-resilient (adaptation) pathways. It helps bridge the financing gap for projects that would otherwise struggle to attract investment, particularly in regions with limited access to capital. Among
Loss and Damage
Initiatives & Policy Dialogues >> INITIATIVE OVERVIEW Climate change exacerbates extreme weather events like heatwaves and flash floods, leading to loss and damage (L&D) for vulnerable communities worldwide. Given that the global average temperature has already increased by more than 1.1°C from the pre-industrial period and the speed of increase
Export Credit Agencies
Initiatives & Policy Dialogues >> INITIATIVE OVERVIEW Export credit agencies (ECAs) are either private companies operating on behalf of a country’s government or public agencies themselves that provide support for the export of goods and services of national companies. In fact, ECAs are the single largest group of internationally active
