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CO-FINANCING MECHANISM

Is a practice in which multiple agencies finance the same project. Climate Co-Finance is the amount of financial resources contributed by the external entities along with climate finance invested by Multilateral Development Banks (MDBs). The financial resource providers include, among others, government or government-affiliated institution as well as the private sector, which are in the form of trust funds and international climate funds managed by MDBs. Co-financing is an essential component of the Green Climate Fund.

Source: Brookings Institution
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COLLABORATIVE CONSUMPTION

A system not based on individual ownership but where consumers share products or services. Collaborative consumption differs from standard commercial consumption in that the cost of purchasing the good or service is not borne by one individual, but instead is divided across a larger group as the purchase price is recouped through renting or exchanging.

Source: Investopedia
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COLLECTIVE IMPACT

Cross-sector coordination to bring about large-scale social change; the concept that the competitiveness of a company and the health of the communities around it are mutually dependent.

Source: FSG
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CONFERENCE OF PARTIES (COP)

The Conference of Parties, known as COP, is the decision-making body responsible for monitoring and reviewing the implementation of the United Nations Framework Convention on Climate Change (UNFCCC).

Source: UNFCCC
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CONSCIOUS CAPITALISM

Is a philosophy with a central premise that businesses should serve all major stakeholders, including the environment.

Source: Investopedia
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