In the current financial landscape, the global financial system is the driver of the climate response. It has the potential to effect immense shifts through their investment, incentive and risk management practices. This study will look into the finance in the context of Nepal – which aims to assess the Articles 2.1 (a) to (c) and the Article 9 of the 2015 Paris Agreement. Measuring progress on lowering global temperatures (Article 2.1a),and building resilience to climate effects (Article 2.1b) are embedded in United Nations Framework Convention on Climate Change (UNFCCC), with existing science- and policy-based through the Nationally Determined Contributions (NDCs) and related processes. The Article 2.1 (c) which calls for Parties to make finance flows consistent with a pathway towards low emission and climate resilient development is historically difficult to engage on (UN, 2015a) and the Article 9 that talks about the provision and mobilization of the climate finance from the developed to the developing countries.
Objective:
