Between Making Money and Driving Change: How Impact Investors Are Cultivating Middle Ground in Climate Finance

Oguntuase, Oluwaseun James

doi:10.1007/978-3-030-22759-3_166-1

Cited by 2 publications

(2 citation statements)

References 14 publications

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“…Impact investors prioritize investments that address climate change, promote sustainable development, and enhance resilience to climate-related risks. By aligning financial interests with environmental and social objectives, impact investing can mobilize capital for climate finance initiatives and support the transition to a low-carbon, climate-resilient economy (Oguntuase, 2021). In conclusion, scaling up climate finance for developing nations requires concerted efforts from governments, international organizations, financial institutions, and civil society to overcome barriers, mobilize additional resources, and promote innovative financing mechanisms.…”

Section: Scaling Up Climate Finance For Developing Nationsmentioning

confidence: 99%

Assessing the Role of Climate Finance in Supporting Developing Nations: A Comprehensive Review

Wags Numoipiri Digitemie,

Ifeanyi Onyedika Ekemezie

2024

Financ. account. res. j.

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Climate finance plays a critical role in supporting developing nations to mitigate and adapt to the impacts of climate change. This comprehensive review examines the multifaceted role of climate finance in assisting developing countries in their efforts to address climate change challenges. The review begins by providing an overview of the global climate finance landscape, highlighting key sources of climate finance, including public funds, private investments, and innovative financing mechanisms. It then explores the allocation and distribution of climate finance, analyzing trends, disparities, and challenges in accessing and utilizing funds among developing nations. Furthermore, the review assesses the effectiveness of climate finance in supporting mitigation and adaptation activities in developing countries. It examines case studies and best practices to illustrate how climate finance has been utilized to finance renewable energy projects, enhance resilience in vulnerable communities, and promote sustainable development. Additionally, the review evaluates the governance and institutional frameworks governing climate finance, including the role of international financial institutions, national governments, and civil society organizations in mobilizing and disbursing funds. Moreover, the review examines the challenges and opportunities associated with scaling up climate finance to meet the growing needs of developing nations. It discusses issues such as financial transparency, accountability, and the alignment of climate finance with national development priorities. Additionally, the review explores innovative financing mechanisms, such as green bonds, climate insurance, and carbon pricing, as potential avenues for mobilizing additional resources for climate action in developing countries. In conclusion, this comprehensive review underscores the importance of climate finance in supporting developing nations to address climate change challenges and achieve sustainable development goals. It highlights the need for enhanced international cooperation, policy coherence, and investment mobilization to accelerate climate action and build resilience in the most vulnerable regions. By leveraging climate finance effectively and efficiently, developing countries can transition to low-carbon, climate-resilient economies while advancing their development objectives. Keywords: Assess, Climate, Finance, Developing Nations, Support.

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Section: Scaling Up Climate Finance For Developing Nationsmentioning

confidence: 99%

Assessing the Role of Climate Finance in Supporting Developing Nations: A Comprehensive Review

Wags Numoipiri Digitemie,

Ifeanyi Onyedika Ekemezie

2024

Financ. account. res. j.

View full text Add to dashboard Cite

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“…Launched in 2016, this program aims to provide reliable and sustainable solar power to universities and other higher education institutions across the country. By transitioning these institutions to solar energy, the program reduces their carbon footprint and enhances education quality by ensuring an uninterrupted power supply for research and learning (Nitte and Salahudeen, 2023;Oguntuase, 2021;Samuel et al, 2021).…”

Section: Government-led Initiativesmentioning

confidence: 99%

Solar Energy and Carbon Footprint Reduction in Nigeria: An in-Depth Analysis of Solar Power Initiatives, Outcomes, and Obstacles in Addressing Climate Change

Ndiwe,

Ehiaguina,

Izuka

et al. 2023

Ecm. Cli. Chg.

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This review paper analyzes solar power initiatives in Nigeria, focusing on their outcomes, challenges, and policy recommendations. Solar energy adoption in Nigeria has shown promise in increasing access to electricity, reducing carbon emissions, and fostering economic diversification. However, the paper identifies persistent obstacles, including high upfront costs, limited financing, regulatory challenges, and insufficient public awareness. The paper offers policy recommendations to address these challenges and unlock the full potential of solar power. These recommendations encompass financing mechanisms, regulatory clarity, public awareness campaigns, technical support, infrastructure development, incentives for domestic solar manufacturing, and effective monitoring and evaluation. In collaboration with government, private sector stakeholders, and international partners, implementing these policies can create an enabling environment for solar energy growth. This not only addresses Nigeria’s energy challenges but also contributes to global climate change mitigation efforts. As Nigeria progresses toward a sustainable energy future, implementing these recommendations will play a pivotal role in achieving the country’s development and environmental objectives, illuminating a brighter and more sustainable future.

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Between Making Money and Driving Change: How Impact Investors Are Cultivating Middle Ground in Climate Finance

Cited by 2 publications

References 14 publications

Assessing the Role of Climate Finance in Supporting Developing Nations: A Comprehensive Review

Assessing the Role of Climate Finance in Supporting Developing Nations: A Comprehensive Review

Solar Energy and Carbon Footprint Reduction in Nigeria: An in-Depth Analysis of Solar Power Initiatives, Outcomes, and Obstacles in Addressing Climate Change

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