Climate financing

Climate financing refers to the financial resources allocated to support projects and initiatives aimed at addressing climate change. This includes funding for renewable energy, sustainable agriculture, and infrastructure improvements that reduce greenhouse gas emissions or help communities adapt to climate impacts. Sources of climate finance can include governmental budgets, private investments, and international funds. The goal is to support both mitigation efforts (reducing future climate change) and adaptation strategies (dealing with current effects), ensuring a sustainable environment for future generations while promoting economic growth and resilience.