• RMI

The Paris Agreement took a conceptual step forward, broadening the scope of climate finance beyond a singular measurement of clean flows. By stating the need to make “financial flows consistent with a pathway towards low greenhouse gas emissions (GHG) and climate-resilient development,” Article 2.1c of the Agreement acknowledges the need to evaluate both sides of the ledger: not only scaling up clean investments, but also managing flows to emissions-intensive activities that run counter to the g
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