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Climate finance

UK //ˈklaɪmət faɪnæns//US //ˈklaɪmət faɪnæns//

Definition

Funding for projects aimed at addressing climate change and promoting sustainability.

In simple words: Money given to help with climate change and environmental projects.

Examples

  • Countries are increasing their commitment to climate finance to tackle global warming.
  • The United Nations emphasizes the importance of climate finance in achieving sustainable development goals.
  • Many organizations are pooling resources for climate finance initiatives.
  • Climate finance is crucial for developing countries facing climate challenges.
  • Investors are looking for opportunities in climate finance to support green technologies.

Usage notes

Used in discussions about economics, environmental policy, and sustainable development. Common in formal writings and speeches.

Grammar pattern

standalone noun phrase

Memory hint

Think of 'climate' in the atmosphere and 'finance' as money for a better planet.

Collocations

  • climate finance agreement
  • climate finance mechanisms
  • climate finance investment
  • climate finance initiatives

Synonyms

  • green finance
  • environmental funding
  • sustainable investment

Common mistakes

  • Confused with 'climate change', which refers to environmental changes rather than financial aspects.
  • Omitting the word 'finance' when referring to climate investments.
  • Using 'climate financing' incorrectly in informal contexts instead of the standard 'climate finance'.