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Alternate Title

Climate Finance Needs More Market Discipline

Keywords

environmental law, law and economics, environmental policy, environmental economics, economic policy, industrial policy, policy analysis, climate policy, climate finance, climate change, public choice, regulatory capture

Abstract

The market for climate and sustainability-driven products and services is potentially very large and thus attractive to many investors and entrepreneurs. However, its current reliance on public subsidies and capital flows is a significant weakness that often goes unacknowledged.

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