Promising Domestic Fiscal Instruments for Climate Finance (IMF)

At the 2010 global climate talks in Cancun, Mexico, developed countries re-affirmed a pledge to raise $100 billion per year by 2020, and $30 billion in total between 2010 and 2012, to finance climate mitigation and adaptation projects in developing countries. The focus of this paper is how some of the $100 billion funding target might be mobilized through fiscal instruments.