ABSTRACT
This chapter aims to explain climate debt—a central concept in climate justice—as effectively a form of climate justice accounting, and to provide an overview of the climate financing solutions which are arguably being employed to pay those debts. Climate finance refers to local, national, and transnational financing that seeks to support mitigation and adaptation efforts to address climate change. The climate debt concept would benefit from a more nuanced identification of debtors and creditors. The question of the form of repayment required also raises the distinction between emissions and adaptation debts. While climate debt is usually focused at the global scale, the chapter considers climate debt at the national/local level, and introduces climate financing measures which could be employed at that scale. It provides a brief overview of the global climate finance initiatives underway as a form of climate adaptation debt repayment—though they are defined in terms of collective responsibility rather than debt accounting.
