1. Climate Change, Law, and Politics
CUHK Summer Institute 2017
Prof. Benoit MAYER,

2. Session 7: Support and adaptation

3. Today’s class
Support to climate action
Adaptation strategies

4. 1. Support to climate action
Financial support
Transfer of technologies
Capacity building

5. The 100 billion dollar pledge
Copenhagen Accord:
“In the context of meaningful mitigation actions and transparency on implementation, developed countries commit to a goal of mobilizing jointly USD 100 billion dollars a year by 2020 to address the needs of developing countries.”

6. Climate finance: The sources
National governments
Directly
Through financial institutions
Through multilateral climate funds
Non-State actors, e.g. businesses, banks, households…

7. Climate finance: The instruments
Grant
Loan at preferential conditions
Loan at market conditions
Investment

8. Climate finance: The recipients
Same country?
National governments or companies / non-profits?
Developing countries? Least developed countries?

9. Climate finance: The functions
Climate change mitigation
Incremental changes (e.g. efficiency)
Investments in renewable energies
Adaptation to climate change

10. Climate finance: The facts
How much money is spent on climate change every year?
What is the proportion of public vs. private finance?
What are the dominant financial instruments?
What is the proportion of finance to climate change mitigation vs. adaptation?

11. Climate finance: The facts

12. International action on climate change adaptation
UNFCCC art. 4.4: “The developed country Parties … shall also assist the developing country Parties that are particularly vulnerable to the adverse effects of climate change in meeting costs of adaptation to those adverse effects.”

13. 2. Adaptation strategies

14. Bangladesh

15. Hong Kong

16. Hong Kong What could the government of Hong Kong do to address:
More intense rains and typhoons?
Shortages in freshwater?
Extreme urban heat?
Impacts of climate change on biodiversity?

17. Want to download the slides? Want to learn more?
nstitute/

18. Thank you for your attention, All best wishes
Thank you for your attention, All best wishes! …and don’t forget to enjoy your summer!