About this article
Published Online: Jul 22, 2023
Page range: 413 - 419
DOI: https://doi.org/10.2478/wd-2023-0119
Keywords
© 2023 Ann-Kristin Becker et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
In this paper, we discuss whether Germany fulfills its international commitments in financing climate projects in vulnerable countries of the Global South or whether the financing is rather guided by German interests. To this end, we take a critical look at the fact that climate projects are mainly financed through the development cooperation budget. We also discuss the allocation of funds between climate change adaptation and climate change mitigation. We argue that the budget of development cooperation should be increased, and that international climate finance should focus more on climate adaptation.