By Miguel Trillo
For those interested in understanding how finance is important for climate change and how innovative financing arrangements can help combat poverty and renewable energies, this Lab is a good source of inspiration. Very illustrative experiences on how public finance can play an instrumental role on climate change adaptation and mitigation.
People think that climate change is about costal destruction, temperature, poor households being affected by cyclone and floods, etc. which is right! But the only way to PREVENT this from happening is providing insurance for farmers, funding for innovative energy financing in non commercial setting and other basket funds and financial arrangements which are NOT supported by commercial traditional banks.