Measurement Scale of Climate Finance: Development and Validation.

Climate finance is pivotal in addressing climate change, enabling countries and organizations to transition to low-carbon and climate-resilient development pathways. Despite its importance, measuring climate finance remains a challenge due to the multidimensional nature of the concept. This study aims to develop and validate a measurement scale for climate finance by identifying key dimensions, generating item statements, and conducting factor analysis to assess the scale’s reliability and validity. Key Words: Climate finance, measurement scale, sustainability, environmental finance, factor analysis.