Gastvortrag: Alexandre Gajevic Sayegh:Climate Justice Finance: Connecting Moral Theory and Political Practice
Invitation to DK Guest Lecture
SSHRC Postdoctoral Fellow, Department of Political Science, McGill University
When signing the Paris Agreement in December 2015, advanced economies maintained their pledge to mobilize $100 billion per year by 2020 to address the pressing mitigation and adaptation needs of developing countries. This sum should represent “new and additional” funds to the total climate finance portfolio. Today, despite recent progress, financial commitments are below the mark and redistributive mechanisms still lack a just and structured method to replenish their resources. Climate finance needs moral theory, effective political practice and insights about how to connect the two. This talk presents climate finance as an instrument of climate justice and as a signal for effective climate action. To do so, it offers a set of normative guidelines and conditions in order to determine: (a) what agents should contribute to the effort of replenishing the resources of climate justice finance, (b) by how much, (c) what should be counted towards the US$100 billion goal and (d) the function of climate justice finance as a signal to build confidence and momentum. It then raises the question: can we expect agents to follow these guidelines?