External development finance plays a key role in supporting developing countries in their transition to a low-carbon, climate-resilient and sustainable development pathway.
Climate change and development are two sides of the same coin. Poverty reduction will not be sustainable if climate change is not halted. Climate change cannot be addressed in a socially sustainable manner without also addressing economic growth and poverty reduction.
Financing climate change and development in an integrated manner can maximise climate and development results, targeting both climate and sustainable development goals.