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International Financing of Responses to Climate Change (CRS Report for Congress)

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Release Date Nov. 23, 2010
Report Number R41500
Report Type Report
Authors Jane A. Leggett, Specialist in Energy and Environmental Policy
Source Agency Congressional Research Service
Summary:

This report describes many of the questions that are under debate in international climate changefora. It aims to inform Congressional decision-making on the magnitude and mechanisms offinancial assistance that the United States may provide to low-income countries to addressclimate change. It identifies rationales presented for enhanced international financing, includingcommitments made by the wealthy economies to provide financing under the United NationsFramework Convention on Climate Change (UNFCCC) and subsequent agreements. The reportthen reviews estimated levels of financing needs (Table 1), specific monetary pledges (Table 2),and the variety of proposed mechanisms to generate (Appendix A) and disburse funding. Thefinal section summarizes international financing proposed by the Obama Administration and inbills in the 111th Congress.Bills: H.R. 2454