Podcast
Questions and Answers
Climate finance has long been ________________________ in international climate negotiations
Climate finance has long been ________________________ in international climate negotiations
contentious
There are growing calls for ________________________ justice and reparations in climate finance
There are growing calls for ________________________ justice and reparations in climate finance
climate-related debt
Geographers conceive of climate finance more broadly, investigating the ________________________ of development
Geographers conceive of climate finance more broadly, investigating the ________________________ of development
financialization
The disputes in climate finance are rooted in tensions between high-emitting Northern economies and the many ________________________ world countries
The disputes in climate finance are rooted in tensions between high-emitting Northern economies and the many ________________________ world countries
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Critics argue that additionality failures are ________________________ in climate finance today
Critics argue that additionality failures are ________________________ in climate finance today
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Low-carbon economic development and climate ________________________ infrastructures are becoming standard projects for development finance
Low-carbon economic development and climate ________________________ infrastructures are becoming standard projects for development finance
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The climate finance gap is a pressing issue between established powers and ________________________ economies
The climate finance gap is a pressing issue between established powers and ________________________ economies
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The United States and China are often at odds in climate finance negotiations, representing the interests of ________________________ economies
The United States and China are often at odds in climate finance negotiations, representing the interests of ________________________ economies
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Renewable energy development globally uses ______ finance structures, meaning loans tied to specific infrastructure projects.
Renewable energy development globally uses ______ finance structures, meaning loans tied to specific infrastructure projects.
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Climate risks are typically broken down into physical risks and ______ risks.
Climate risks are typically broken down into physical risks and ______ risks.
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The rise of new ______ instruments like green bonds is one important outcome of the push to grow markets for climate finance.
The rise of new ______ instruments like green bonds is one important outcome of the push to grow markets for climate finance.
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The rush of financial capital into renewables has meant that favored kinds of project and their developers can get loans increasingly ______.
The rush of financial capital into renewables has meant that favored kinds of project and their developers can get loans increasingly ______.
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These financing preferences have often excluded ______ projects, as well as cooperative and public ownership forms.
These financing preferences have often excluded ______ projects, as well as cooperative and public ownership forms.
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Climate finance attracts ______ billion in investment and rising every year.
Climate finance attracts ______ billion in investment and rising every year.
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Transnational corporations account for a rising share of renewable ______ development and ownership.
Transnational corporations account for a rising share of renewable ______ development and ownership.
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Here climate risk represents a threat to ______ as usual within the real estate–finance system.
Here climate risk represents a threat to ______ as usual within the real estate–finance system.
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Scholars have called out mainstream climate-financial actors' __________ model for how climate action should be resourced:
Scholars have called out mainstream climate-financial actors' __________ model for how climate action should be resourced:
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COP debates over the __________ financing gap to tackle the deeper political economic issues behind these controversies:
COP debates over the __________ financing gap to tackle the deeper political economic issues behind these controversies:
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These forms of climate finance may also re/inscribe forms of __________, inequality, and exclusion within the geographies in which it is deployed:
These forms of climate finance may also re/inscribe forms of __________, inequality, and exclusion within the geographies in which it is deployed:
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One driven by an imperative to seek partnerships with private finance and grow market-based forms of __________ governance:
One driven by an imperative to seek partnerships with private finance and grow market-based forms of __________ governance:
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The de-risking state stands in particular contrast to state-centric visions for resourcing large-scale __________ action:
The de-risking state stands in particular contrast to state-centric visions for resourcing large-scale __________ action:
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These worries proved prescient, critiques and forms of __________, which go beyond:
These worries proved prescient, critiques and forms of __________, which go beyond:
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Mainstream climate-financial actors promote a model that seeks to restructure urban states to maximize “creditworthiness” through __________, schemes:
Mainstream climate-financial actors promote a model that seeks to restructure urban states to maximize “creditworthiness” through __________, schemes:
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The uneven accrual of costs, risks, and benefits embedded within these forms of climate finance is a result of __________ state tendencies to socialize risks and privatize profits:
The uneven accrual of costs, risks, and benefits embedded within these forms of climate finance is a result of __________ state tendencies to socialize risks and privatize profits:
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Study Notes
Climate Finance Controversies
- Climate finance has been a contentious issue in international climate negotiations, with disputes between Northern and rapidly industrializing Southern countries over binding commitments to reduce greenhouse gas emissions.
- Climate finance has contributed to growing calls for climate-related debt justice and reparations amid rising political economic tensions between established powers and emerging economies.
Conception of Climate Finance
- Geographers increasingly conceive of climate finance more broadly, investigating the financialization of development and its implications.
- Climate finance is no longer just about high-profile disputes between countries, but also about the underlying political economic tensions and power dynamics.
Climate Finance Flows
- Climate finance has attracted around $300 billion in investment annually, a major share of all climate-financial flows counted for COP.
- Transnational corporations account for a rising share of renewable project development and ownership.
Renewable Energy Development
- Most renewable energy development globally uses project finance structures, meaning loans tied to specific infrastructure projects like large wind or solar farms.
- The rush of financial capital into renewables has led to favored kinds of project and their developers getting loans increasingly cheaply.
Climate Risks
- Climate risks are typically broken down into "physical risks" (e.g., climate-related disasters) and "transition risks" (e.g., stranding of high-emissions assets due to regulatory changes).
- Climate risks pose a threat to business as usual within the real estate–finance system, which relies upon stable property values.
Climate-Financial Instruments
- Green bonds are an important outcome of the push to grow markets for climate finance, and may help reduce capital costs for renewable energy projects.
- New climate-financial instruments can further exacerbate existing inequalities and_power dynamics in the geographies where they are deployed.
Critiques and Alternatives
- Mainstream climate-financial actors' neoliberal model for climate action has been criticized for promoting private finance and market-based forms of climate governance.
- Alternative visions for resourcing large-scale climate action prioritize state-centric approaches over private finance and market-based governance.
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Description
This quiz covers the investment and financing of climate-related projects, including renewable energy, and the role of corporations and public ownership in climate finance.
