DEFINITION AND STRUCTURE OF THE ECONOMIC CATEGORY «CLIMATE FINANCE»

Abstract

Climate finance is a crucial element in addressing global warming and climate change. The study highlights the importance of defining climate finance to ensure effective monitoring and implementation of international climate agreements. The study aims to explore the essence and content of climate finance, analyze existing approaches to its definition, and propose a definition of the term «climate finance» as an economic category. An analytical method was employed to examine scientific publications, reports from international organizations, and other sources of information. A systematic approach was used to classify and analyze various aspects of climate finance. The study employs a comprehensive review of existing literature, international agreements, and organizational reports to analyze the various definitions and components of climate finance. The analysis reveals that there is no single, universally accepted definition of climate finance. Different international organizations and researchers offer varying definitions, which can lead to misunderstandings and inconsistencies in monitoring and implementing climate-related financial flows. The proposed definition aims to bridge these gaps by providing a broad yet precise conceptual framework for climate finance. The study highlights the need for continuous collaboration between international organizations and the scientific community to refine and update the definition of climate finance as new technologies and approaches emerge. The author concludes that a clear and comprehensive definition of climate finance is essential for the effective implementation of climate policies and agreements. The proposed definition provides a foundation for further research and development in this field, ensuring that climate finance contributes to sustainable development and the mitigation of climate change impacts