{"id":14508,"date":"2023-11-02T12:19:50","date_gmt":"2023-11-02T12:19:50","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=14508"},"modified":"2023-11-02T12:19:52","modified_gmt":"2023-11-02T12:19:52","slug":"stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/","title":{"rendered":"Stocktaking Climate Finance &#8211; UPSC Daily Editorial Analysis &#8211; 02nd November 2023"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"300\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10.png\" alt=\"\" class=\"wp-image-42412\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10.png 1280w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10-1170x274.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10-585x137.png 585w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><figcaption><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Link&amp;utm_campaign=Essay\">UPSC Essay Course<\/a><\/figcaption><\/figure>\n\n\n\n<p>As the global community grapples with the urgent need to combat climate change, taking stock of climate finance becomes paramount in the fight against this existential crisis. Climate finance, encompassing a range of funding mechanisms and resources dedicated to mitigating and adapting to climate change, remains a linchpin in the quest for a sustainable future. The analysis presented here delves into the current state of climate finance, assessing the progress made, the challenges faced, and the opportunities that lie ahead. With mounting pressure to meet ambitious climate targets, understanding the nuances of climate finance is not just a financial matter but a moral imperative for the well-being of our planet and future generations.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tag: <\/strong>GS-3 GS-2 Environment and IR\u00a0<\/p><\/blockquote>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69d657ba9e182\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d657ba9e182\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Context\" title=\"Context:\">Context:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Climate_Finance_Challenges_Ahead_of_COP_28\" title=\"Climate Finance Challenges Ahead of COP 28&nbsp;\">Climate Finance Challenges Ahead of COP 28&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Challenges_in_Climate_Finance_Disparities_Mandatory_Frameworks_and_Global_Urgency_Disparity\" title=\"Challenges in Climate Finance: Disparities, Mandatory Frameworks, and Global Urgency Disparity&nbsp;\">Challenges in Climate Finance: Disparities, Mandatory Frameworks, and Global Urgency Disparity&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Climate_Finance_Challenges_and_Developing_Nations\" title=\"Climate Finance Challenges and Developing Nations\u00a0\">Climate Finance Challenges and Developing Nations\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Crux_of_the_issue\" title=\"Crux of the issue&nbsp;\">Crux of the issue&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#What_can_be_a_potential_path_ahead\" title=\"What can be a potential path ahead?&nbsp;\">What can be a potential path ahead?&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Equitable_Burden-Sharing\" title=\"Equitable Burden-Sharing:\u00a0\">Equitable Burden-Sharing:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Compulsory_Contribution_Framework\" title=\"Compulsory Contribution Framework:\u00a0\u00a0\">Compulsory Contribution Framework:\u00a0\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Global_Collaboration_and_a_Sense_of_Urgency\" title=\"Global Collaboration and a Sense of Urgency:\u00a0\u00a0\">Global Collaboration and a Sense of Urgency:\u00a0\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Enhancing_Capacity\" title=\"Enhancing Capacity:\u00a0\u00a0\">Enhancing Capacity:\u00a0\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#FAQs_on_Stocktaking_Climate_Finance\" title=\"FAQs on Stocktaking Climate Finance\">FAQs on Stocktaking Climate Finance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#1_What_is_climate_finance_and_why_is_it_important_for_addressing_climate_change\" title=\"1. What is climate finance, and why is it important for addressing climate change?\">1. What is climate finance, and why is it important for addressing climate change?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#2_How_much_climate_finance_is_currently_being_mobilized_globally\" title=\"2. How much climate finance is currently being mobilized globally?\">2. How much climate finance is currently being mobilized globally?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#3_Where_does_it_come_from\" title=\"3. Where does it come from?\">3. Where does it come from?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#4_What_challenges_exist_in_the_distribution_and_effectiveness_of_climate_finance\" title=\"4. What challenges exist in the distribution and effectiveness of climate finance?\">4. What challenges exist in the distribution and effectiveness of climate finance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#5_How_can_individuals_and_businesses_contribute_to_climate_finance_efforts\" title=\"5. How can individuals and businesses contribute to climate finance efforts?\">5. How can individuals and businesses contribute to climate finance efforts?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#In_case_you_still_have_your_doubts_contact_us_on_9811333901\" title=\"In case you still have your doubts, contact us on 9811333901.&nbsp;\">In case you still have your doubts, contact us on 9811333901.&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edukemy.com\/blog\/stocktaking-climate-finance-upsc-daily-editorial-analysis-02nd-november-2023\/#Visit_our_YouTube_Channel_%E2%80%93_here\" title=\"Visit our YouTube Channel &#8211;&nbsp;here\">Visit our YouTube Channel &#8211;&nbsp;here<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Context\"><\/span><strong>Context: <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The article underscores the importance of climate finance in fostering global trust but raises concerns about disparities in funding, voluntary contributions, and political commitment.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Climate_Finance_Challenges_Ahead_of_COP_28\"><\/span><strong>Climate Finance Challenges Ahead of COP 28<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>The importance of climate finance for trust in COP 28 negotiations is emphasized as the Synthesis Report reveals a 1.1\u00b0C temperature increase driving the need for mitigation actions in developing countries.&nbsp;&nbsp;<\/li><li>Despite a $100 billion commitment by developed nations, the Glasgow conference reported only $79.6 billion mobilized, raising concerns about inadequate funding for supporting low-carbon transitions in developing nations, who estimate financial needs close to $6 trillion by 2030, including significant requirements in India&#8217;s NDCs.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Challenges_in_Climate_Finance_Disparities_Mandatory_Frameworks_and_Global_Urgency_Disparity\"><\/span><strong>Challenges in Climate Finance: Disparities, Mandatory Frameworks, and Global Urgency Disparity<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Developed nations display inequities in meeting climate finance commitments, with the U.S. contributing just 5% of its equitable share, hindering effective fund mobilization for climate action.\u00a0<\/li><li>The <strong>absence of a compulsory framework for contributions by developed countries<\/strong> presents a significant challenge.\u00a0\u00a0<\/li><li>Unclear criteria for fund collection create uncertainties in reaching financial goals.\u00a0<\/li><li>The second replenishment of the <strong>Green Climate Fund (GCF)<\/strong> showed contributions from only 25 out of 37 developed nations.\u00a0\u00a0<\/li><li>The shortfall in meeting commitments raises doubts about financial reliability.\u00a0<\/li><li>In contrast to the swift response to the 2009 global financial crisis, there&#8217;s a noticeable lack of political will and urgency among developed countries to address climate finance needs, impeding progress in safeguarding the global environment.\u00a0<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Climate_Finance_Challenges_and_Developing_Nations\"><\/span><strong>Climate Finance Challenges and Developing Nations<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>The <strong>mobilized $79.6 billion annually falls below the committed $100 billion<\/strong>, impeding the ability of developing nations to shift toward sustainability, raising worries about meeting climate finance objectives.&nbsp;<\/li><li>The <strong>incorporation of voluntary contributions<\/strong> from nine developing countries within the Green Climate Fund (GCF) <strong>introduces complexities<\/strong> in defining and accounting for international public climate finance, highlighting the need for standardized contribution criteria.&nbsp;<\/li><li><strong>Developing nations, as indicated in their Nationally Determined Contributions (NDCs), articulate financial requirements nearing $6 trillion<\/strong> by 2030.&nbsp;&nbsp;<\/li><li>The disparity between these needs and actual funds mobilized presents a substantial concern for these nations.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crux_of_the_issue\"><\/span><strong>Crux of the issue<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Discrepancies between promised amounts and real contributions reveal a crisis in the commitment of developed nations, eroding the efficacy of global climate finance mechanisms and affecting the shift towards sustainability.&nbsp;<\/li><li>The absence of political determination and a sense of immediacy in addressing climate finance requirements in developed countries signifies a significant deficiency. It is imperative to take urgent action to bridge the divide between commitments and actual contributions.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_can_be_a_potential_path_ahead\"><\/span><strong>What can be a potential path ahead?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Equitable_Burden-Sharing\"><\/span><strong>Equitable Burden-Sharing:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>It is essential to establish a transparent and universally accepted formula for distributing responsibilities among developed nations, ensuring consistent and fair contributions to climate finance.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Compulsory_Contribution_Framework\"><\/span><strong>Compulsory Contribution Framework:<\/strong>\u00a0\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The introduction of a mandatory framework for contributions by developed countries, accompanied by well-defined criteria for fund mobilization, is crucial to enhance the reliability of financial commitments.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Collaboration_and_a_Sense_of_Urgency\"><\/span><strong>Global Collaboration and a Sense of Urgency:<\/strong>\u00a0\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Nurturing a collective and urgent response, akin to previous financial crises, is of paramount importance.&nbsp;&nbsp;<\/li><li>This approach is necessary to effectively address the pressing climate finance requirements and fulfil international commitments.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Enhancing_Capacity\"><\/span><strong>Enhancing Capacity:<\/strong>\u00a0\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Giving priority to enhancing the capacity of developing nations is crucial for facilitating a seamless transition toward sustainable practices.&nbsp;&nbsp;<\/li><li>This includes providing support for economic opportunities and livelihoods for those reliant on fossil fuel-based economies.&nbsp;<\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/opinion\/op-ed\/stocktaking-climate-finance-a-case-of-circles-in-red-ink\/article67481653.ece#:~:text=One%20analysis%20suggests%20that%20the,mention%20the%20criterion%20for%20mobilisation\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>TH<\/strong><\/a>\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_Stocktaking_Climate_Finance\"><\/span>FAQs on Stocktaking Climate Finance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_is_climate_finance_and_why_is_it_important_for_addressing_climate_change\"><\/span><strong>1. What is climate finance, and why is it important for addressing climate change?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Climate finance refers to financial resources, investments, and support provided to initiatives that aim to mitigate and adapt to climate change. It&#8217;s crucial because it enables countries and communities to take action to reduce greenhouse gas emissions and build resilience to climate impacts, ultimately helping combat global warming and its consequences.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_How_much_climate_finance_is_currently_being_mobilized_globally\"><\/span><strong>2. How much climate finance is currently being mobilized globally?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Global climate finance commitments have been increasing, but the exact amount varies from year to year. According to data from institutions like the Climate Policy Initiative, global climate finance reached over $500 billion in 2020. However, the amount falls far short of the estimated annual investments required to meet climate targets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Where_does_it_come_from\"><\/span><strong>3. Where does it<\/strong> <strong>come from?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: It is sourced from various channels, including public funds from governments, international organizations like the Green Climate Fund, private investments, and innovative financial instruments. Multilateral development banks and bilateral aid agencies also play a significant role in channeling funds to climate-related projects.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_What_challenges_exist_in_the_distribution_and_effectiveness_of_climate_finance\"><\/span><strong>4. What challenges exist in the distribution and effectiveness of climate finance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Challenges include issues of transparency, accountability, and equity in allocating funds. Developing countries often face hurdles in accessing climate finance, while some funds may not be directed towards the most impactful projects. Ensuring that funds reach the most vulnerable and that they are used efficiently is an ongoing challenge.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_How_can_individuals_and_businesses_contribute_to_climate_finance_efforts\"><\/span><strong>5. How can individuals and businesses contribute to climate finance efforts?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Individuals and businesses can contribute to climate finance by supporting renewable energy projects, investing in sustainable initiatives, and reducing their carbon footprint. Sustainable investments, green bonds, and carbon offset programs offer opportunities for individuals and businesses to actively engage in climate finance efforts and make a positive impact on the environment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_case_you_still_have_your_doubts_contact_us_on_9811333901\"><\/span><strong>In case you still have your doubts, contact us on 9811333901.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For UPSC Prelims Resources,&nbsp;<a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/p>\n\n\n\n<p>For Daily Updates and Study Material:<\/p>\n\n\n\n<p>Join our Telegram Channel &#8211;&nbsp;<a href=\"https:\/\/t.me\/WithEdukemy4IAS\" target=\"_blank\" rel=\"noreferrer noopener\">Edukemy for IAS<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>1. Learn through Videos &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3vOD8sU\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>2. Be Exam Ready by Practicing Daily MCQs &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3Q9z2nF\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>3. Daily Newsletter &#8211; Get all your Current Affairs Covered &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3bE2y5J\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>4. Mains Answer Writing Practice &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3mZuVxl\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_here\"><\/span>Visit our YouTube Channel &#8211;&nbsp;<a href=\"https:\/\/www.youtube.com\/@ShabbirsEduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Climate finance, encompassing a range of funding mechanisms and resources dedicated to mitigating and adapting to climate change, remains a linchpin in the quest for a sustainable future.<\/p>\n","protected":false},"author":17,"featured_media":14518,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[147],"tags":[160,161,232,140],"class_list":["post-14508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news-editorial","tag-daily-current-affairs","tag-daily-current-affairs-upsc","tag-upsc","tag-upsc_preparation_strategy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/14508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=14508"}],"version-history":[{"count":2,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/14508\/revisions"}],"predecessor-version":[{"id":14519,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/14508\/revisions\/14519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/14518"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=14508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=14508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=14508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}