Repositioning climate finance

It is a pleasure to engage with generous and insightful colleagues about our book, Climate Finance. Here, we respond to their commentaries in light of compounding violent, ecological and political-economic crises that have only intensified since we wrote the book. We address three main challenges: the increasingly contested politics of climate investment, the entanglement of competitive geopolitics and economic nationalism with climate policies and a potential geographical shift in climate finance away from the Global North. These developments, we suggest, have accelerated the position of climate finance as the central terrain of climate politics and challenged the narrow versions of climate finance predicated on private sector voluntarism, de-risking states and Western financial centres.