Emerging Private Climate Finance Disputes

Ms. Delaney talked about emerging private climate finance disputes. Funding for climate-related projects may come from the public sector, the private sector, the Green Climate Fund, and the Clean Development Mechanism, through loans or equity arrangements. She described arbitration as particularly useful in resolving private climate finance disputes given its adaptability to legal and cultural differences, flexibility and efficiency, ability to choose arbitrators and experts with experience in climate change and climate finance, and enforceability.

Climate Finance Flows in the Pacific

Ms. Ilona Millar, special counsel in the Environmental Markets team at Baker McKenzie, Sydney, briefly explained the concept of climate finance and discussed about climate finance flows in the Pacific. In 2010–2014, climate finance to Pacific Island countries totaled $1,762 million, of which $1,455 million came from bilateral sources and $307 million from multilateral sources. Likewise, of this amount, $748 million had climate change as the main objective while $1,014 million targeted climate change as a co-benefit.

Ilona Millar

Keywords

Ms. Ilona Millar is a special counsel in the Environmental Markets team at Baker McKenzie, Sydney. She is an environmental and projects lawyer with a diverse range of experience in domestic and international climate change law and finance, carbon markets, environmental law and policy. She joined the firm in 2008 from the Foundation for International Environmental Law and Development, and International Institute for Environment and Development, in London.

Developing Judicial Capacity for Adjudicating Climate Change and Sustainable Development Issues: Training on Environmental Law

The TA will assist judiciaries develop seminal jurisprudence responsive to climate change and sustainable development issues as follows: (i) by exposing them to global and regional developments in this field, especially emerging concepts, principles, and jurisprudence from different jurisdictions and international tribunals, through their participation in national, regional and international conferences; (ii) by identifying country-specific capacity gaps and addressing them in a manner that institutionalizes trainings and lessons learned, which will then cascade to the lowest-level courts;

Subscribe to climate change