Article 2.1c of the Paris Agreement sets a goal of making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development. This briefing provides an overview of the Article 2.1c goal on finance flows and an introduction to the legal implications of this goal. It will be seen that the goal has legal salience on multiple levels, including within the UNFCCC process, in the realm of Party implementation through domestic legislation and regulation and through international institutions and transnational initiatives.
The Paris Agreement goal on finance flows
All reasonable efforts have been made to ensure the accuracy of this information at the time the advice was produced (please refer to the date produced below). However, the materials have been prepared for informational purposes only and may have been superseded by more recent developments. They do not constitute formal legal advice or create a lawyer-client relationship. You should seek legal advice to take account of your own interests. To the extent permitted any liability is excluded. Those consulting the database may wish to contact LRI for clarifications and an updated analysis.
Date produced: 07/10/2021