Developed countries increasingly look to the private sector for climate finance

"Policymakers in developed countries are increasingly looking to leverage private sector funds to finance climate action in developing nations, filling the gap left by tight government budgets and a lack of political focus on climate change in the United States and other major emitting countries," according to ThinkProgress. Authors Michael Wolosin and Abigail Jones find that climate finance discussion has been separated from the climate policy discussion lately and they warn that "climate finance will only materialize at scale when climate policies do".