Shifting the way finance works and where investments flow is a critical focus of climate policy and driver of action. Finance for climate action needs to span the full range of policy challenges from mitigation to adaptation, to loss and damage. Of particular importance is the need to ensure sufficient flows of North-South financing to support climate action at scale in developing countries – whether it be to invest in capacity building, policy, and institutional reforms, or more climate resilient development. More recently, a focus is on climate-relevant policy reforms in finance systems themselves, where topics range from actions to be taken by international financial institutions, including multilateral development banks, by central banks, or regional or national development banks; in commercial banking; or by actors in the institutional investor arena. This special collection showcases current research on a full range of climate finance topics.
Owusu-Mante, S., Chi, K. H. K., & Gopalakrishnan, T. (2025). Sovereign green bonds in practice: effectiveness as a climate finance instrument in emerging economies. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2025.2586572
D’Orazio, P. (2025). Financial regulation for climate resilience: a comparative analysis across African economies. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2025.2598683
Mikulewicz, M., Thomas, K. A., & Mills-Novoa, M. (2025). Why projects cannot deliver transformative climate change adaptation. Climate Policy, 1–6. https://doi.org/10.1080/14693062.2025.2591881
Kervers, A. (2025). A new lever for climate-consistent banking. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2025.2575778
Sandler, E., & Schrag, D. P. (2025). Carbon tax assets for carbon tax liabilities: using CBAM to increase climate finance. Climate Policy, 1–11. https://doi.org/10.1080/14693062.2025.2543096
Liu, C., Zhang, D., & Geng, H. (2025). Help or hindrance? Subsidies by local governments in response to China’s green credit policy. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2025.2539138
Sumari, B. K., Pauline, N. M., & Mabhuye, E. B. (2025). Effective climate finance management? An analysis of institutional structures for climate change adaptation in Tanzania. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2025.2525468
Brabec, J., & Macháč, J. (2025). Impacts of the EU Taxonomy implementation: a systematic literature review. Climate Policy, 1–13. https://doi.org/10.1080/14693062.2025.2526683
Dafermos, Y. (2025). Climate finance and global justice. Climate Policy, 1–17. https://doi.org/10.1080/14693062.2025.2482104
Isah, A., Egli, F., Schmidt, T. S., & Stünzi, A. (2025). Quantifying climate finance needs in the nationally determined contributions of developing countries. Climate Policy, 1–18. https://doi.org/10.1080/14693062.2025.2460607
Matthey, M. A., Hollis, A., Brandi, C., Kobiela, G., Roth, B., & Silberberger, M. (2025). Climate impact auctions: an underused tool for green subsidies in the Global South. Climate Policy, 1–9. https://doi.org/10.1080/14693062.2024.2411319
Shawoo, Z., Browne, K., Canales, N., & Nazareth, A. (2025). Assessing the distributive equity of adaptation finance: a framework. Climate Policy, 1–16. https://doi.org/10.1080/14693062.2025.2456552
Zeng, W. (2024). Climate finance and new multilateral development banks: approaching co-productive dynamics? Climate Policy, 1–14. https://doi.org/10.1080/14693062.2024.2442004
Lavitt, T., & Sargeant, H. (2024). Green infrastructure in developing economies: a unique target for risk reduction and financial investment. Climate Policy, 1–14. https://doi.org/10.1080/14693062.2024.2409805
Hilbrich, S., Berensmann, K., Artmann, G., Ashman, S., Herbold, T., Lötters-Viehof, S., … Steenkamp, L. A. (2024). Implementing sustainability taxonomies to redirect capital flows: the case of South Africa. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2024.2415382
Treichel, P. (2024). Design by Transitional Committee: learning from the Green Climate Fund. Climate Policy, 1–14. https://doi.org/10.1080/14693062.2024.2418316
Egli, F., Grubb, M., & Stünzi, A. (2024). Harnessing oil and gas superprofits for climate action. Climate Policy, 1–8. https://doi.org/10.1080/14693062.2024.2424516
Baggio, G., & Tozer, L. (2024). Mainstreaming decarbonization through local climate budgets in Norwegian municipalities. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2024.2403563
Edmondson, D., Flachsland, C., aus dem Moore, N., Koch, N., Koller, F., Gruhl, H., & Brehm, J. (2024). Anticipatory climate policy mix pathways: a framework for ex-ante construction and assessment applied to the road transport sector. Climate Policy, 1–30. https://doi.org/10.1080/14693062.2024.2397440
Newell, P. (2024). Towards a more transformative approach to climate finance. Climate Policy, 1–12. https://doi.org/10.1080/14693062.2024.2377730
Arendt, R. (2024). Residual carbon emissions in companies’ climate pledges: who has to reduce and who gets to remove? Climate Policy, 1–16. https://doi.org/10.1080/14693062.2024.2358989
Gao, J., Hua, G., Huo, B., Randhawa, A., & Li, Z. (2024). Pilot policies for low-carbon cities in China: a study of the impact on green finance development and energy carbon efficiency. Climate Policy, 1–16. https://doi.org/10.1080/14693062.2024.2361703
Chen, P., Zhang, Y., & Chu, Z. (2024). Exploring the influence of financial development on climate physical risk: insights from China. Climate Policy, 1–17. https://doi.org/10.1080/14693062.2024.2374319
Xue, Y., & Yun, X. (2024). The impact of collateral-based monetary policy on green financing cost: an analysis of the People’s Bank of China’s approach. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2024.2356811
Cochran, I., Mackenzie, C., & Brander, M. (2024). EU’s sustainable finance disclosure regulation: does the hybrid reporting regime undermine the goal to reorient capital to climate action? Climate Policy, 1–13. https://doi.org/10.1080/14693062.2024.2353115
Cao, J., Wang, Y., & Liu, H. (2024). Stock market reaction to new energy vehicle industry development plan: an event study in China. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2024.2353143
Vestergaard, J. (2024). Green central banking: reorienting finance through a recalibration of monetary policy. Climate Policy, 1–10. https://doi.org/10.1080/14693062.2024.2353118
Aleksandrova, M., Kuhl, L., & Malerba, D. (2024). Unlocking climate finance for social protection: an analysis of the Green Climate Fund. Climate Policy, 1–16. https://doi.org/10.1080/14693062.2024.2338817
Omala, M. A., Kioko, E., & Gravesen, M. (2024). Effective climate finance coordination? Stakeholder perceptions, climate change policy implementation and the underlying political economy factors in Kenya. Climate Policy, 1–15. https://doi.org/10.1080/14693062.2024.2335914
A. K. M. Nuruzzaman, Sonia Graham & Jon Barnett (2024) Reducing social vulnerability to climate change: the role of microfinance organisations, Climate Policy, DOI: 10.1080/14693062.2024.2305762
Carren Pindiriri & Marko Kwaramba (2024) Climate finance in developing countries: green budget tagging and resource mobilization, Climate Policy, DOI: 10.1080/14693062.2024.2302325
Thomas Kalinowski (2023) The Green Climate Fund and private sector climate finance in the Global South, Climate Policy, DOI: 10.1080/14693062.2023.2276857
Clara McDonnell & Joyeeta Gupta (2023) Beyond divest vs. engage: a review of the role of institutional investors in an inclusive fossil fuel phase-out, Climate Policy, DOI: 10.1080/14693062.2023.2261900
Monica DiLeo (2023) Climate policy at the Bank of England: the possibilities and limits of green central banking, Climate Policy, DOI: 10.1080/14693062.2023.2245790
Sasidaran Gopalan, Bhavya Gupta & Ramkishen S. Rajan (2023) Do climate risks influence foreign direct investment inflows to emerging and developing economies?, Climate Policy, DOI: 10.1080/14693062.2023.2237479
Govinda R. Timilsina, Yazid Dissou, Michael Toman & Dirk Heine (2023) How can a carbon tax benefit developing economies with informality? A CGE analysis for Côte d’Ivoire, Climate Policy, DOI: 10.1080/14693062.2023.2223530
Toby Melissa C. Monsod, Mary Anne Majadillas & Maria Socorro Gochoco-Bautista (2023) Unlocking the flow of finance for climate adaptation: estimates of ‘Fiscal Space’ in climate-vulnerable developing countries, Climate Policy, DOI: 10.1080/14693062.2023.2224281
Cesare M. Scartozzi (2023) Conflict sensitive climate finance: lessons from the green climate fund, Climate Policy, DOI: 10.1080/14693062.2023.2212640
Helena Dill (2023) Carbon pricing initiatives and green bonds: are they contributing to the transition to a low-carbon economy?, Climate Policy, DOI: 10.1080/14693062.2023.2210107
Jian Shao & Ping Huang (2023) The policy mix of green finance in China: an evolutionary and multilevel perspective, Climate Policy, DOI: 10.1080/14693062.2023.2202181
Marco Arena, Alessandro Guasti & Hussam Hussein (2023) Can conditional cash transfers reduce vulnerability to climate change?, Climate Policy, DOI: 10.1080/14693062.2023.2183174
Diego Hidalgo-Oñate, Iluminada Fuertes-Fuertes & J. David Cabedo (2023) Climate-related prudential regulation tools in the context of sustainable and responsible investment: a systematic review, Climate Policy, DOI: 10.1080/14693062.2023.2179587
Dina Azhgaliyeva & Zhanna Kapsalyamova (2023) Policy support in promoting green bonds in Asia: empirical evidence, Climate Policy, DOI: 10.1080/14693062.2023.2167800
Zsolt Darvas & Guntram B. Wolff (2022) A Green Fiscal Pact for the EU: increasing climate investments while consolidating budgets, Climate Policy, DOI: 10.1080/14693062.2022.2147893
W. P. Pauw, U. Moslener, L. H. Zamarioli, N. Amerasinghe, J. Atela, J. P. B. Affana, B. Buchner, R. J. T. Klein, K. L. Mbeva, J. Puri, J. T. Roberts, Z. Shawoo, C. Watson & R. Weikmans (2022) Post-2025 climate finance target: how much more and how much better?, Climate Policy, DOI: 10.1080/14693062.2022.2114985
Juliana Lima de Deus, Marco Crocco & Fernanda Faria Silva (2022) The green transition in emerging economies: green bond issuance in Brazil and China, Climate Policy, DOI: 10.1080/14693062.2022.2116381
Katie Kedward, Josh Ryan-Collins & Hugues Chenet (2022) Biodiversity loss and climate change interactions: financial stability implications for central banks and financial supervisors, Climate Policy, DOI: 10.1080/14693062.2022.2107475
Laura Kuhl & Jamie Shinn (2022) Transformational adaptation and country ownership: competing priorities in international adaptation finance, Climate Policy, DOI: 10.1080/14693062.2022.2104791
Zoha Shawoo, Adis Dzebo, Mikkel Funder & Kendra Dupuy (2022) Country ownership in climate finance coordination: a comparative assessment of Kenya and Zambia, Climate Policy, DOI: 10.1080/14693062.2022.2098227
Hu Wang, Shouwei Li & Yuyin Ma (2022) Climate policy and financial system stability: evidence from Chinese fund markets, Climate Policy, DOI: 10.1080/14693062.2022.2104790
Jessica Omukuti, Sam Barrett, Piran C. L. White, Robert Marchant & Alina Averchenkova (2022) The green climate fund and its shortcomings in local delivery of adaptation finance, Climate Policy, DOI: 10.1080/14693062.2022.2093152
Ottmar Edenhofer, Christian Klein, Kai Lessmann & Marco Wilkens (2022) Financing the transformation: a proposal for a credit scheme to finance the Paris Agreement, Climate Policy, DOI: 10.1080/14693062.2022.2075820
Lena Boneva, Gianluigi Ferrucci & Francesco Paolo Mongelli (2022) Climate change and central banks: what role for monetary policy?, Climate Policy, DOI: 10.1080/14693062.2022.2070119
Dina Azhgaliyeva, John Beirne & Ranjeeta Mishra (2022) What matters for private investment in renewable energy?, Climate Policy, DOI: 10.1080/14693062.2022.2069664
Vasundhara Saravade, Xingxing Chen, Olaf Weber & Xianzhong Song (2022) Impact of regulatory policies on green bond issuances in China: policy lessons from a top-down approach, Climate Policy, DOI: 10.1080/14693062.2022.2064803
Alex Clark, Philippe Benoit & Jonathan Walters (2022) Government shareholders, wasted resources and climate ambitions: why is China still building new coal-fired power plants?, Climate Policy, DOI: 10.1080/14693062.2022.2062285
Laura Hellqvist & Harald Heubaum (2022) Setting the sun on off-grid solar?: policy lessons from the Bangladesh solar home systems (SHS) programme, Climate Policy, DOI: 10.1080/14693062.2022.2056118
Jasmine Elliott & Åsa Löfgren (2022) If money talks, what is the banking industry saying about climate change?, Climate Policy, DOI: 10.1080/14693062.2022.2036090
Fang Zhang (2022) The policy coordinator role of national development banks in scaling climate finance: Evidence from the renewable energy sector, Climate Policy, DOI: 10.1080/14693062.2022.2038063
Julia Anna Bingler & Chiara Colesanti Senni (2022) Taming the Green Swan: a criteria-based analysis to improve the understanding of climate-related financial risk assessment tools, Climate Policy, DOI: 10.1080/14693062.2022.2032569
Rishikesh Ram Bhandary (2022) National climate funds: a new dataset on national financing vehicles for climate change, Climate Policy, DOI: 10.1080/14693062.2022.2027223
Camille Macaire & Alain Naef (2022) Greening monetary policy: evidence from the People’s Bank of China, Climate Policy, DOI: 10.1080/14693062.2021.2013153
Jean-Stéphane Mésonnier (2021) Banks’ climate commitments and credit to carbon-intensive industries: new evidence for France, Climate Policy, DOI: 10.1080/14693062.2021.2012121
Luma Ramos, Kevin P. Gallagher, Corinne Stephenson & Irene Monasterolo (2021) Climate risk and IMF surveillance policy: a baseline analysis, Climate Policy, DOI: 10.1080/14693062.2021.2016363
Andrew McConnell, Boyan Yanovski & Kai Lessmann (2021) Central bank collateral as a green monetary policy instrument, Climate Policy, DOI: 10.1080/14693062.2021.2012112
Simon Dikau & Ulrich Volz (2021) Out of the window? Green monetary policy in China: window guidance and the promotion of sustainable lending and investment, Climate Policy, DOI: 10.1080/14693062.2021.2012122
Rishikesh Ram Bhandary, Kelly Sims Gallagher & Fang Zhang (2021) Climate finance policy in practice: a review of the evidence, Climate Policy, 21:4, 529-545, DOI: 10.1080/14693062.2020.1871313
Christoph Böhringer, Jan Schneider & Marco Springmann (2021) Economic and environmental impacts of raising revenues for climate finance from public sources, Climate Policy, 21:4, 546-562, DOI: 10.1080/14693062.2020.1842719
Jan Corfee-Morlot, Joanna Depledge & Harald Winkler (2021) COVID-19 recovery and climate policy, Climate Policy, 21:10, 1249-1256, DOI: 10.1080/14693062.2021.2001148
Paola D’Orazio (2021) Towards a post-pandemic policy framework to manage climate-related financial risks and resilience,Climate Policy, 21:10, 1368-1382, DOI: 10.1080/14693062.2021.1975623
Llewelyn Hughes & Christian Downie (2021) Bilateral finance organizations and stranded asset risk in coal: the case of Japan, Climate Policy, DOI: 10.1080/14693062.2021.1975622
Georgia Savvidou, Aaron Atteridge, Kulthoum Omari-Motsumi & Christopher H. Trisos (2021) Quantifying international public finance for climate change adaptation in Africa, Climate Policy, 21:8, 1020-1036, DOI: 10.1080/14693062.2021.1978053
Jean-Charles Hourcade, Dipak Dasgupta & Frédéric Ghersi (2021) Accelerating the speed and scale of climate finance in the post-pandemic context, Climate Policy, 21:10, 1383-1397, DOI: 10.1080/14693062.2021.1977599
Abidah B. Setyowati (2020) Governing sustainable finance: insights from Indonesia, Climate Policy, DOI: 10.1080/14693062.2020.1858741
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