Economics
Approaches to economic growth should start with analysis, consider public and private contributions, and leverage possibilities across all sectors. This topic includes: economic diagnostics, domestic resource mobilization, and cross-sectoral integration.
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December 5, 2022
A nation’s ability to mobilize resources to combat and cope with climate change is primarily constrained by its resources and financial capacity, which vary dramatically across developing contexts. While external sources of funding like the Green Climate Fund (GCF) are critical to meeting a nation’s Paris Agreement goals, they are often out of reach without domestic financial systems and processes to absorb such funds and use them productively.
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