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<p>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.</p>
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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.

Taking Responsibility or Prioritizing Donor Interests? An Assessment of Germany’s International Climate Finance

Wirtschaftsdienst

This work is licensed under the Creative Commons Attribution 4.0 International License.

Deutschlands internationale Klimafinanzierung auf dem Prüfstand

In this paper, we discuss whether Germany fulfills its international commitments in financing climate projects in vulnerable countries of the Global South or...

Taking Responsibility or Prioritizing Donor Interests? An Assessment of Germany’s International Climate Finance

Published Online: Jul 22, 2023

Page range: 413 - 419

DOI: https://doi.org/10.2478/wd-2023-0119

© 2023 Ann-Kristin Becker et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.