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See detailLegal Readiness for Climate Finance: The case of Bangladesh towards a transition to climate resilience
Alexandraki, Chrysa UL

E-print/Working paper (2020)

Even though the Paris Agreement posits the need to align overall financial flows with low-carbon and climate-resilient development in the heart of its objectives, developing countries face ample ... [more ▼]

Even though the Paris Agreement posits the need to align overall financial flows with low-carbon and climate-resilient development in the heart of its objectives, developing countries face ample constraints in mitigating and adapting to climate change, while concomitantly embarking on reconciling the curbing of climate change with development concerns. Climate finance constitutes an enabling means not only for assisting developing countries in building capacities and enabling environments to address climate change in compliance with their commitments under the Paris Agreement, but most importantly for ushering a long-term development shift towards sustainability. This article furthers the discourse on what it means to be ‘legally ready’ for climate finance. It argues that legal reforms present a means to overcome legal barriers undermining climate finance effectiveness in developing countries, aimed at mainstreaming climate change considerations across all sectors and national policies, stimulating climate-related flows from all sources of finance, and instituting a paradigm shift towards climate-resilient development. First, it elaborates on the role of law in building climate finance readiness, the key legal barriers encountered in developing countries, and the main legal approaches and regulatory tools likely to enhance the four main capacities required to be ready for climate finance. Second, it illustrates the laws and policies currently implemented in Bangladesh concerning the country’s readiness for climate finance. The article concludes premised on the case study of Bangladesh that legal reforms are essential in developing countries, in order to ensure long-term climate finance effectiveness steering transformative changes. [less ▲]

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See detailClimate Finance: Current legal features and challenges in International Law
Alexandraki, Chrysa UL

Presentation (2019, September 21)

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See detailRefining transparency and responsible investment?: The case of EIB and sustainable finance
Alexandraki, Chrysa UL

E-print/Working paper (2019)

On 8 January 2019, an action was brought before the Court of Justice of the European Union (hereafter CJEU) by an environmental law charity, ClientEarth (hereafter applicant) against a multilateral ... [more ▼]

On 8 January 2019, an action was brought before the Court of Justice of the European Union (hereafter CJEU) by an environmental law charity, ClientEarth (hereafter applicant) against a multilateral development bank (hereafter MDB) and European institution, the European Investment Bank (hereafter EIB). The case concerns the financing by the bank of a biomass energy generating project in Northern Spain – Galicia -, of the cost of 60 million euros, followed by the bank’s refusal to refine its decision to finance the aforementioned investment, regardless the applicant’s request for an internal review of this decision on April 2018. The applicant bases the request for an internal review on alleged ‘errors in the assessment of the financing combined with the provision of minimal information regarding the funding decision’. The main claim brought by the applicant involves the annulment of EIB’s refusal to conduct an internal review and subject its decision to scrutiny, as requested under Article 10 of the Aarhus Regulation (hereafter Regulation), bringing into discussion implementation issues of both International and European law. [less ▲]

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See detailMapping the climate finance architecture and the key legal challenges
Alexandraki, Chrysa UL

Presentation (2019, May 21)

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See detailCOP 24 and Climate Finance: A Stepping Stone or a Blurred Line?
Alexandraki, Chrysa UL

E-print/Working paper (2019)

In December 2018, the 24th Conference of the Parties (COP 24) to the United Nations Framework Convention on Climate Change (UNFCCC), took place in Katowice, Poland. The main objective of those ... [more ▼]

In December 2018, the 24th Conference of the Parties (COP 24) to the United Nations Framework Convention on Climate Change (UNFCCC), took place in Katowice, Poland. The main objective of those negotiations was to finalize the so called ‘Paris Rulebook’ [the Paris Agreement Work Programme (PAWP)], which would constitute a set of rules to implement and operationalize the Paris Agreement. The issues at stakes varied from mitigation, adaptation and loss and damage, to more technical issues, such as transparency, climate finance and carbon market mechanisms under the Paris Agreement. This post focuses on the progress made on the issue of climate finance based on an analysis of the COP 24 decision on the relevant issues. [less ▲]

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See detailProposal by the President: Informal compilation of L-documents (Paris Rulebook), 15th December 2018, OXIO 445
Alexandraki, Chrysa UL

in Alexandraki, Chrysa (Ed.) Proposal by the President: Informal compilation of L-documents (Paris Rulebook) (2019)

Detailed reference viewed: 27 (8 UL)