Dear colleagues,
Apologies for cross-posting. We just published our systematic review on
climate finance in WIREs Climate Change (open access!): Sarah Bracking and
I share two principal insights: (1) climate finance is on one hand reaching
more cities, from EIB's direct lending of climate loans to cities to
emerging municipal green bond markets, but (2) on the other hand the type
of finance available is increasingly privatized and debt-based, from
"blended finance" to favoring loans over grants, which muddies accounting
transparency and risks shifting power to private market actors. Hence we
advocate for public-authored climate finance in the spirit of Green New
Deal and similar models. Available here:
https://onlinelibrary.wiley.com/doi/10.1002/wcc.709

Cheers,
*Benjamin J. Leffel, Ph.D.*
Lecturer, Department of Sociology,
University of California Merced
Twitter: @BenjaminJLeffel <https://twitter.com/BenjaminJLeffel>

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