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1.
Philip Antwi-Agyei Andrew J. Dougill Thomas P. Agyekum Lindsay C. Stringer 《Climate Policy》2018,18(10):1296-1312
The UN Sustainable Development Goals (SDGs) and the 2015 Paris Agreement are two of the most important policy frameworks of the twenty-first century. However, the alignment of national commitments linked to them has not yet been analysed for West African states. Such analyses are vital to avoid perverse outcomes if states assess targets and develop SDG implementation plans, and Nationally Determined Contributions (NDC) under the Paris Agreement, without integrated planning and cross-sectoral alignment. This article provides a situation analysis guided by the following questions: (a) Which priority sectors are mentioned in relation to adaptation and mitigation in West African NDCs? (b) Are the NDCs of West African states well aligned with the SDGs? (c) What are the co-benefits of NDCs in contributing towards the SDGs? and (d) How are West African states planning to finance actions in their NDCs? The study uses iterative content analysis to explore key themes for adaptation and mitigation within NDCs of 11 West African states and their alignment to selected SDGs. A national multi-stakeholder workshop was held in Ghana to examine the co-benefits of the NDCs in contributing towards the SDGs and their implementation challenges. Results show that agriculture and energy are priority sectors where NDCs have pledged significant commitments. The analysis displays good alignment between mitigation and adaptation actions proposed in NDCs and the SDGs. These represent opportunities that can be harnessed through integration into national sectoral policies. However, cross-sectoral discussions in Ghana identify significant challenges relating to institutional capacity, a lack of coordination among institutions and agencies, and insufficient resources in moving towards integrated implementation of national planning priorities to address successfully both NDC priorities and the SDGs.Key policy insights
Positive alignments between West African NDCs and SDGs present opportunities for mutual benefits that can advance national development via a more climate resilient pathway.
NDCs of West African states can provide mutual benefits across the water–energy–food nexus, such as through climate-smart agriculture and low carbon energy technologies.
Ghanaian multi-sectoral insights show the need to empower national coordinating bodies to overcome misalignments across different sectors.
2.
Scaling up national climate adaptation under the Paris Agreement is critical not only to reduce risk, but also to contribute to a nation’s development. Traditional adaptation assessments are aimed at evaluating adaptation to cost-effectively reduce risk and do not capture the far-reaching benefits of adaptation in the context of development and the global Sustainable Development Goals (SDGs). By grounding adaptation planning in an SDG vision, we propose and demonstrate a methodological process that for the first time allows national decision-makers to: i) quantify the adaptation that is needed to safeguard SDG target progress, and ii) evaluate strategies of stakeholder-driven adaptation options to meet those needs whilst delivering additional SDG target co-benefits. This methodological process is spatially applied to a national adaptation assessment in Ghana. In the face of the country’s risk from floods and landslides, this analysis identifies which energy and transport assets to prioritise in order to make the greatest contribution to safeguarding development progress. Three strategies (‘built’, ‘nature-based’, ‘combined SDG strategy’) were formulated through a multi-stakeholder partnership involving government, the private sector, and academia as a means to protect Ghana’s prioritised assets against climate risk. Evaluating these adaptation strategies in terms of their ability to deliver on SDG targets, we find that the combined SDG strategy maximises SDG co-benefits across 116 targets. The proposed methodological process for integrating SDG targets in adaptation assessments is transferable to other climate-vulnerable nations, and can provide decision-makers with spatially-explicit evidence for implementing sustainable adaptation in alignment with the global agendas. 相似文献
3.
Acute climate-change hazards, such as floods or storm surges, can affect a nation’s built and natural environment assets that are critical for development and achievement of the Sustainable Development Goals (SDGs). To reduce the impacts of such acute climate-change hazards and safeguard development, national decision-makers require evidence on where and how hazards affect SDG achievement to better inform adaptation. Here, we develop a systems methodology that spatially models the impacts of climate-change hazards across a nation’s entire built and natural environment assets and its interdependent influences on the SDG targets to inform national adaptation. We apply our methodology in Saint Lucia through a participatory approach with decision-makers across 18 government ministries, academia, and the private sector. Results reveal that acute climate-change hazards can affect half of Saint Lucia’s assets across 22 sectors, which can influence 89% of all SDG targets. Application of our methodology provided evidence on where and how to prioritise adaptation, thereby helping to add spatial granularity to 52 measures under Saint Lucia’s National Adaptation Plan (NAP) as well as specificity on how limited capacity for cross-sectoral coordination can be directed to safeguard SDG targets. Adaptation does not necessarily imply investing in physical asset protection: results show the need to protect critical natural environments which provide important adaptation services to the built environment. As more nations develop and revise their NAPs and Nationally Determined Contributions under the Paris Agreement, strategic planning across sectors – as demonstrated in Saint Lucia – will be critical to facilitate adaptation that safeguards SDG achievement. 相似文献
4.
Peter Warren 《Climate Policy》2019,19(7):861-877
Mobilizing climate finance for climate change mitigation is a crucial part of meeting the ‘well-below’ 2°C goal of the Paris Agreement. Climate finance refers to investments specifically in climate change mitigation and adaptation activities, which involve public finance and the leveraging of private finance. A large proportion of climate finance is Official Development Assistance (ODA) from OECD countries to ODA-eligible countries. The evidence shows that the largest proportion of climate finance for climate change mitigation has been channelled to the development of renewable energy, with a much smaller proportion flowing to other crucial forms of clean energy-related measures, such as demand-side management (DSM) (particularly sustainable cooling) and carbon capture, usage and storage (CCUS). This forms the rationale and aim of this synthesis paper: to review the role of climate finance to develop clean energy beyond renewables. In doing so, the paper draws on practical policy and programme experiences of some donor countries, such as the UK, and Development Finance Institutions (DFIs). This paper argues that a greater amount of climate finance from OECD countries to ODA-eligible fossil fuel-intensive emerging economies and developing countries is required for sustainable cooling and CCUS, particularly in the form of technical assistance and clean energy innovation.
Key policy insights
Demand-side management (DSM) and carbon capture, usage and storage (CCUS) are underfunded in climate finance compared with the promotion of renewables.
Climate finance for sustainable cooling, in particular, represents just 0.04% of total ODA, despite cooling projected to represent 13% of global emissions by 2030.
Public investment in CCUS is limited at US $28 billion since 2007, despite the costs of meeting the Paris Agreement estimated to be 40-128% more expensive without CCUS.
Additional climate finance for these sectors should not come at the expense of funding for renewables but should be complementary to it.
5.
The 26th Conference of the Parties(COP26) to the United Nations Framework Convention on Climate Change(UNFCCC) was held in Glasgow a year later than scheduled, with expected outcomes achieved under a post-pandemic background. Based on the Issue-Actor-Mechanism Framework, this paper systematically evaluates the outcomes achieved at COP26 and analyzes the tendency of post-COP26 climate negotiations. Overall, with the concerted efforts of all parties,COP26 has achieved a balanced and inclusive pack... 相似文献
6.
The ‘climate justice’ lens is increasingly being used in framing discussions and debates on global climate finance. A variant of such justice – distributive justice – emphasises recipient countries’ vulnerability to be an important consideration in funding allocation. The extent to which this principle is pursued in practice has been of widespread and ongoing concerns. Empirical evidence in this regard however remains inadequate and methodologically weak. This research examined the effect of recipients’ climate vulnerability on the allocation of climate funds by controlling for other commonly-identified determinants. A dynamic panel regression method based on Generalised Method of Moments (GMM) was used on a longitudinal dataset, containing approved funds for more than 100,000 projects covering three areas of climate action (mitigation, adaptation, and overlap) in 133 countries over two decades (2000–2018). Findings indicated a non-significant effect of recipients’ vulnerability on mitigation funding, but significant positive effects on adaptation and overlap fundings. ‘Most vulnerable’ countries were likely to receive higher amounts of these two types of funding than the ‘least vulnerable’ countries. All these provided evidence of distributive justice. However, the relationship between vulnerability and funding was parabolic, suggesting ‘moderately vulnerable’ countries likely to receive more funding than the ‘most vulnerable’ countries. Whilst, for mitigation funding, this observation was not a reason for concern, for adaptation and overlap fundings this was not in complete harmony with distributive justice. Paradoxically, countries with better investment readiness were likely to receive more adaptation and overlap funds. In discordance with distributive justice, countries within the Sub-Saharan Africa and South Asia regions, despite their higher climatic vulnerabilities, were likely to receive significantly less adaptation and overlap fundings. Effects of vulnerability were persistent, and past funding had significant effects on current funding. These, coupled with the impact of readiness, suggested a probable Low Funding Trap for the world’s most vulnerable countries. The overarching conclusion is that, although positive changes have occurred since the 2015 Paris Agreement, considerable challenges to distributive justice remain. Significant data and methodological challenges encountered in the research and their implications are also discussed. 相似文献
7.
《巴黎协定》在确立2020年后应对气候变化框架性制度安排的同时也给出了一系列留待解决的后续任务,包括制定《巴黎协定》实施细则,细化相应规则、制度和指南等。经过3年的谈判,2018年年底在卡托维兹举行的第24次缔约方会议对《巴黎协定》涉及的除市场机制外的众多议题做出了一揽子安排,建立了一系列指导和帮助各方在2020年后落实和履行《巴黎协定》的实施细则,为全面有效实施《巴黎协定》提供了更明确的指导。本研究致力对《巴黎协定》实施细则的内容和特点、对中国的潜在影响和要求、后续谈判走向以及中国的对策等进行全面深入的梳理和分析。评估发现,实施细则继续保持了《巴黎协定》的“精妙平衡”,严格恪守并充分体现了“自下而上”的《巴黎协定》模式,在为发展中国家保留一定灵活性的基础上统一了报告和审评的“度量衡”,并进一步明确了以五年为周期提高行动和支持力度的序贯决策机制。细则可能给中国引领全球气候治理和国内履约带来新的机遇和挑战。中国需要从观念认识、责任担当、业务协调上做好新的布局,根据国内外新趋势、新特点构建中国特色的气候治理新体系。 相似文献
8.
The adoption of the Warsaw mechanism on loss and damage has again highlighted the North-South divide in those parts of UNFCCC negotiations dealing with international climate finance. Current estimates put required funding from rich countries at 50–100 billion Euros per year to induce non-Annex I countries to take on greenhouse gas limitation commitments and to assist highly vulnerable countries. Results from survey-embedded conjoint experiments can help policy-makers anticipate opportunities and pitfalls in designing large-scale climate funding schemes. We implemented such experiments in the United States and Germany to better understand what institutional design characteristics are likely to garner more public support for climate funding among citizens in key developed countries. We find that climate funding receives more public support if it flows to efficient governments, funding decisions are made jointly by donor and recipient countries, funding is used both for mitigation and adaptation, and other donor countries contribute a large share. Contrary to what one might expect, climate change damage levels, income, and emissions in/of potential recipient countries have no significant effect on public support. These findings suggest that finance mechanisms that focus purely on compensating developing countries, without contributing to the global public good of mitigation, will find it hard to garner public support. 相似文献
9.
The Paris Agreement (PA) emphasizes the intrinsic relationship between climate change and sustainable development (SD) and welcomes the 2030 agenda for the global Sustainable Development Goals (SDGs). Yet, there is a lack of assessment approaches to ensure that climate and development goals are achieved in an integrated fashion and trade-offs avoided. Article 6.4 of the PA introduces a new Sustainable Mitigation Mechanism (SMM) with the dual aim to contribute to the mitigation of greenhouse gas emissions and foster SD. The Kyoto Protocol’s Clean Development Mechanism (CDM) has a similar objective and in 2014, the CDM SD tool was launched by the Executive Board of the CDM to highlight the SD benefits of CDM activities. This article analyses the usefulness of the CDM SD tool for stakeholders and compares the SD tool’s SD reporting requirements against other flexible mechanisms and multilateral standards to provide recommendations for improvement. A key conclusion is that the Paris Agreement’s SMM has a stronger political mandate than the CDM to measure that SD impacts are ‘real, measurable and long-term’. Recommendations for an improved CDM SD tool are a relevant starting point to develop rules, modalities, and procedures for SD assessment in Article 6.4 as well as for other cooperative mitigation approaches.
POLICY RELEVANCE
Research findings are relevant for developing the rulebook of modalities and procedures for Article 6.4 of the Paris Agreement, which introduces a new mechanism for mitigation of greenhouse gas emissions and sustainable development. Lessons learnt from the CDM SD tool and recommendations for enhanced SD assessment are discussed in context of Article 6 cooperative approaches, and make a timely contribution to inform negotiations on the rulebook agreed by the Conference of the Parties serving as the Meeting of the Parties to the Paris Agreement. 相似文献
10.
Aidy Halimanjaya 《Climate Policy》2013,13(2):223-252
This empirical study assesses the relationship between the characteristics of developing countries and the amount of official climate mitigation finance inflow. A two-part model and robustness checks were used to analyse 1998–2010 Rio Marker data on 180 developing countries. The results show that developing countries with higher CO2 intensity, larger carbon sinks, lower per capita gross domestic product (GDP) and good governance tend to be selected as recipients of climate mitigation finance, and receive more of it. CO2 emission is not used as a determinant of mitigation finance until the actual financial disbursement. Poverty aid tends to be allocated to countries with low CO2 emissions, possibly to avoid diverting aid from poorer developing countries. However, such a diversion is unavoidable if the share of mitigation finance in climate finance and in overall official development assistance (ODA) continues to escalate. This study calls for an equitable allocation of total ODA mitigation and adaptation finance in addition to the 0.7% ODA/gross national income target, and for transparent criteria and the verification of reporting on the allocation of mitigation finance. 相似文献
11.
The Sustainable Development Goals (SDGs) and the Paris Agreement are the two transformative agendas, which set the benchmarks for nations to address urgent social, economic and environmental challenges. Aside from setting long-term goals, the pathways followed by nations will involve a series of synergies and trade-offs both between and within these agendas. Since it will not be possible to optimise across the 17 SDGs while simultaneously transitioning to low-carbon societies, it will be necessary to implement policies to address the most critical aspects of the agendas and understand the implications for the other dimensions. Here, we rely on a modelling exercise to analyse the long-term implications of a variety of Paris-compliant mitigation strategies suggested in the recent scientific literature on multiple dimensions of the SDG Agenda. The strategies included rely on technological solutions such as renewable energy deployment or carbon capture and storage, nature-based solutions such as afforestation and behavioural changes in the demand side. Results for a selection of energy-environment SDGs suggest that some mitigation pathways could have negative implications on food and water prices, forest cover and increase pressure on water resources depending on the strategy followed, while renewable energy shares, household energy costs, ambient air pollution and yield impacts could be improved simultaneously while reducing greenhouse gas emissions. Overall, results indicate that promoting changes in the demand side could be beneficial to limit potential trade-offs. 相似文献
12.
The Paris Agreement and the Sustainable Development Goals (SDGs) set ambitious targets for environmental, economic and social progress. Climate change mitigation policies play a central role in this process. To maximize the benefits and minimize the negative effects of climate change mitigation policies, policymakers need to be aware of the indirect and often complex social and inequality impacts that these policies may have and the pathways through which these impacts emerge. Better understanding of the distributional and inequality impacts is important to avoid negative social and distributional outcomes as countries ratchet up their climate policy ambition in the post-Paris context. This paper synthesizes evidence from the existing literature on social co-impacts of climate change mitigation policy and their implications for inequality. The analysis shows that most policies are linked to both co-benefits and adverse side-effects, and can compound or lessen inequalities depending on contextual factors, policy design and policy implementation. The risk of negative outcomes is greater in contexts characterized by high levels of poverty, corruption and economic and social inequalities, and where limited action is taken to identify and mitigate potentially adverse side-effects.
Key policy insights
The risk of adverse social outcomes associated with climate change mitigation policies, including worsening inequality, increases as countries ratchet up their ambition to meet the Paris Agreement targets. Many policies that have so far only been piloted will need to be up-scaled.
Negative inequality impacts of climate policies can be mitigated (and possibly even prevented), but this requires conscious effort, careful planning and multi-stakeholder engagement. Best results can be achieved when potential inequality impacts are taken into consideration in all stages of policy making, including policy planning, development and implementation.
Climate change mitigation policies should take a pro-poor approach that, in best case scenarios, can also lead to a reduction of existing inequalities.
13.
The evolving architecture of global climate change adaptation finance is shifting towards fund mechanisms with competitive application and allocation principles. At the same time, prioritization of the most vulnerable countries is a key goal within this emerging architecture. The paper analyses whether the Green Climate Fund (GCF), by far the largest climate change fund, has so far delivered on its promise to prioritize the most vulnerable countries. For our analysis, we consider the USD 2.5 billion GCF funding allocated until the end of the first mobilization phase and disaggregate it project-by-project into its mitigation and adaptation related amounts. We then analyze the adaptation flows in terms of the recipient country’s level of vulnerability and institutional capacity. We further analyze whether funds are being accessed through independent national entities or international intermediaries and whether recipient countries have developing country priority status. The results show that funds-based adaptation finance creates an ambiguous picture: On the one hand, the GCF is on track in allocating its funds largely to country groups which its statutes aim to prioritize, particularly LDCs, African countries and SIDS. At the same time, the proposal process results in the fact that many countries with the highest climate vulnerability but weak government institutions and fragile state-bureaucracies have missed out and not been able to access project funding, mostly LDCs in Africa and conflict-ridden countries. Further, most countries have not yet been able to access project funds independently through their national entities, limiting direct access and country ownership – the strengthening of which is a major goal of the fund. The findings suggest that simplified approval tracks need to be strengthened in the emerging climate finance architecture so that populations in countries with the lowest institutional capacity but highest vulnerability are not being left behind in the long-run. 相似文献
14.
China’s influence on climate governance has been steadily increasing since the adoption of the Paris Agreement on climate change in 2015. Much of this influence, this article argues, has come from China forging a path for climate adaptation and mitigation for the global South. This is having far-reaching consequences, the article further argues, for the politics of global climate governance. China’s discursive and diplomatic power in climate politics is growing as China builds alliances across the global South. China is leveraging this enhanced soft power to elevate the importance of adaptation in multilateral climate negotiations, advance a technocentric approach to climate mitigation, export its development model, and promote industrial-scale afforestation as a nature-based climate solution. China’s strategy is enhancing climate financing, technology transfers, renewable power, and adaptation infrastructure across the global South. To some extent, this is helping with a transition to a low-carbon world economy. Yet China’s leadership is also reinforcing incremental, technocratic, and growth-oriented solutions in global climate governance. These findings advance the understanding of China’s role in global environmental politics, especially its growing influence on climate governance in the global South. 相似文献
15.
巴黎协定——全球气候治理的新起点 总被引：1，自引：0，他引：1
巴黎气候变化大会完成了历时4年的德班平台谈判进程,达成了以《巴黎协定》（简称《协定》）为核心的一系列决定。《协定》确立了一种全缔约方参与,以“自主贡献+审评”为中心,全面涉及减缓、适应及其支持的全球应对气候变化新模式。这一模式在继承《公约》原则的基础上,明确了发达国家和发展中国家各自的责任,通过国家自主贡献的方式充分动员所有缔约方采取应对气候变化行动,促进可持续发展。《协定》还鼓励除缔约方外的其他主体积极参与应对气候变化进程,鼓励市场和非市场机制的加入,动员资金流向绿色低碳领域。在制度安排上,《协定》体现了激励、透明、非对抗、非惩罚性的特点。《协定》的达成标志着全球气候治理进入了新的发展阶段,传递出全球推动实现绿色低碳、气候适应型和可持续发展的强有力信号。然而由于《协定》全面平衡了各方的利益,在未来的遵约细节和实施落实方面将会有更多的难题,如果处理不当,将可能会损害发展中国家的利益,尤其是发展中大国。 相似文献
16.
Annabelle Workman Grant Blashki Kathryn J. Bowen David J. Karoly John Wiseman 《Climate Policy》2019,19(5):585-597
The 2015 Paris Agreement requires increasingly ambitious emissions reduction efforts from its member countries. Accounting for ancillary positive health outcomes (health co-benefits) that result from implementing climate change mitigation policies can provide Parties to the Paris Agreement with a sound rationale for introducing stronger mitigation strategies. Despite this recognition, a knowledge gap exists on the role of health co-benefits in the development of climate change mitigation policies. To address this gap, the case study presented here investigates the role of health co-benefits in the development of European Union (EU) climate change mitigation policies through analysis and consideration of semi-structured interview data, government documents, journal articles and media releases. We find that while health co-benefits are an explicit consideration in the development of EU climate change mitigation policies, their influence on final policy outcomes has been limited. Our analysis suggests that whilst health co-benefits are a key driver of air pollution mitigation policies, climate mitigation policies are primarily driven by other factors, including economic costs and energy implications.
Key policy insights
Health co-benefits are quantified and monetized as part of the development of EU climate change mitigation policies but their influence on the final policies agreed upon is limited.
Barriers, such as the immediate economic costs associated with climate action, inhibit the influence of health co-benefits on the development of mitigation policies.
Health co-benefits primarily drive the development of EU air pollution mitigation policies.
The separation of responsibility for GHG and non-GHG emissions across Directorate Generals has decoupled climate change and air pollution mitigation policies, with consequences for the integration of health co-benefits in climate policy.
17.
The United Nations’ Sustainable Development Goals (SDGs) are described as integrated and indivisible, where sustainability challenges must be addressed across sectors and scales to achieve global-level sustainability. However, SDG monitoring mostly focuses on tracking progress at national-levels, for each goal individually. This approach ignores local and cross-border impacts of national policies and assumes that global-level progress is the sum of national, sector-specific gains. In this study, we investigate effects of reforestation programs in China on countries supplying forest and agricultural commodities to China. Using case studies of rubber and palm oil production in Southeast Asian countries, soy production in Brazil and logging in South Pacific Island states, we investigate cross-sector effects of production for and trade to China in these exporting countries. We use a three-step multi-method approach. 1) We identify distal trade flows and the narratives used to justify them, using a telecoupling framework; 2) we design causal loop diagrams to analyse social-ecological processes of change in our case studies driven by trade to China and 3) we link these processes of change to the SDG framework. We find that sustainability progress in China from reforestation is cancelled out by the deforestation and cross-sectoral impacts supporting this reforestation abroad. Narratives of economic development support commodity production abroad through unrealised aims of benefit distribution and assumptions of substitutability of socio-ecological forest systems. Across cases, we find the analysed trade supports unambiguous progress on few SDGs only, and we find many mixed effects – where processes that support the achievement of SDGs exist, but are overshadowed by counterproductive processes. Our study represents a useful approach for tracking global-level impacts of national sustainability initiatives and provides cross-scale and cross-sectoral lenses through which to identify drivers of unsustainability that can be addressed in the design of effective sustainability policies. 相似文献
18.
适应气候变化是发展中国家的重要谈判议题。《联合国气候变化框架公约》2015年达成《巴黎协定》后如何落实适应议题实施细则成为关注焦点。发达国家以温室气体排放总量大为理由,施压中国等发展中大国出资全球适应气候变化行动;发展中国家内部对适应气候变化受害方和出资方的划分存在较大分歧,造成适应议题下发展中国家集团难以形成合力,《巴黎协定》实施细则谈判进展缓慢。中国气候变化南南合作作为中国与其他发展中国家之间重要的气候变化领域合作形式,能否通过寻找发展中国家契合点,依据合理机制,对适应谈判发挥一定作用,须及早进行利弊分析及顶层设计。文章通过分析美欧日对外援助的机制、梳理非洲小岛国等主要发展中国家集团在应对气候变化不利影响方面的需求、总结以往中国适应项目对外援助情况的基础上,提出了今后中国气候变化南南合作与适应谈判中需要注意的问题,包括区分适应援助和减缓援助、避免中国气候变化南南合作的属性被误读等问题,为争取广阔外交利益、合理构建南南合作机制提供政策建议。 相似文献
19.
实现中国2030年前碳达峰、2060年前碳中和需要大量的资金支持,亟需构建与之匹配的气候投融资体系.气候投融资监测、报告与核证(M RV)是气候投融资体系的重要组成部分,一方面能够有效地监督报告资金来源、使用及效果,另一方面能够统筹利用现有资金充分发挥对应对气候变化的积极作用,并撬动更多资金流向气候变化领域.本文通过广... 相似文献
20.
The COVID-19 pandemic has further fuelled problems of debt sustainability in developing countries and has sapped the fiscal resources needed to finance climate mitigation and adaptation efforts. We examine whether “debt-for-climate” swaps, instruments whereby debtor countries are relieved from their contractual debt obligations in return for local climate-related spending commitments, may be helpful in tackling worrying debt levels and climate concerns simultaneously. We point out that debt swaps do not have a great historical track record but that common flaws such as their piecemeal nature, lack of additionality and creation of parallel implementation structures, could be overcome by scaling up and careful design. To realize swaps’ full potential, a distinction needs to be made between situations where debt is clearly unsustainable and where it is high but sustainable. In the former case, deep and comprehensive debt restructuring should be the primary focus, rather than closely matching debt service savings with increased climate spending; in the latter case, stand-alone debt swaps may be used to transfer resources from creditors to debtor countries that are committed to climate investments but lack fiscal space. Another helpful differentiation is that between middle-income debtor countries, where debt swaps could finance climate mitigation interventions, and low-income debtors, where investments in adaption deserve prioritization. Finally, debt swap proposals need to be mindful of creditor incentives, including positive reputational payoffs, achieving greater scale using a multi-creditor set-up, at the same time as carefully considering governance credentials in each country context. 相似文献