Home Publications Article Does climate finance enhance mitigation ambitions of recipient countries?

Does climate finance enhance mitigation ambitions of recipient countries?

2 min read


International public climate finance is an important catalyst for curbing growing emissions from developing countries and enabling them to adapt to the impacts of climate change. Developing countries consider the fulfillment of their Paris Agreement emission reduction pledges to be conditional on receiving climate finance. Prior studies have hypothesized that increasing financial support to developing countries will likely increase their climate ambitions. With the availability of updated Nationally Determined Contributions (NDC) and climate finance data, this article empirically explores this question. Using two empirical strategies, this article found positive but statistically insignificant effect of climate finance on the mitigation ambitions of recipient countries. This effect on mitigation ambition was higher for least developed countries but weaker for small island developing states. This article’s analysis should be seen as an initial piece of the puzzle. Findings of this article can inform climate financing strategies of donors enhancing trust with developing countries.


Nabil Haque, Sungida Rashid, Mizan R. Khan

Published by Elsevier B.V.

The Full Publication is available Here


Example fallback content: This browser does not support PDFs. Please download the PDF to view it: Download PDF.

Load More Related Articles
Load More By ICCCAD
Load More In Article
Comments are closed.

Check Also

Event Report | Roundtable on Climate Change in the Build Up to the COP28 with the United Arab Emirates

This publication briefly includes the discussion from the Roundtable on Climate Change in …