Episode 4: Addressing Climate Finance with Prof. Bhardwaj

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The Climate Stand with The Final Stand

The Final Stand

13 episodes

3 days ago

The Climate Stand with The Final Stand brings to you intersectional and interdisciplinary perspectives on climate change by experts and activists in our community. The dialogue touches upon the sciences, technologies, legislations and policies driving climate change and encourages you, our audience, to make an informed decision on this pressing issue. Are you ready to take The Climate stand with The Final Stand? This podcast is brought to you by a student run climate-change advocacy, law and policy initiative called The Final Stand based in Delhi NCR, India.

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Episode 4: Addressing Climate Finance with Prof. Bhardwaj

The Climate Stand with The Final Stand

36 minutes 55 seconds

3 years ago

Episode 4: Addressing Climate Finance with Prof. Bhardwaj

Join us in conversation with Professor Chhaya Bhardwaj, Assistant Professor at Jindal Global Law School and a United Nations trained international lawyer, to discuss the subject and nature of climate financing and its intersection with human rights. Professor Bhardwaj explains the term and its facets in a simple manner and speaks to its conjunction with human rights. We discuss the nature of climate finance vis-a-vis India and the realm of international law, further contextualizing its relevance during and after COP 26, the latest ‘Conference of Parties’. Given the pertinent role played by monetary pledges in this regard, we further discuss the efforts made towards the 100 billion dollar commitment with regard to climate finance and explore its implications. Additionally, Professor Bhardwaj provides insight into the challenges of local climate financing and how to ensure large-scale impact and accountability. Lastly, Professor Bhardwaj lists a recommendation of sources for those who wish to know more about climate financing.

Here are some key timestamps to help you navigate the episode:

1. What is climate financing? (2:08)

2. How is it related to human rights? (4:50)

3. Why is a rights-based approach towards climate financing the most appropriate way in initiating policymaking? (9:57)

4. To what extent is it crystallized under international law? In what contexts and specific legal instruments has it been engaged with in the past? (12:43)

5. To further explore India in particular, with regard to recent developments in COP26, what is the current status quo with regard to climate financing in India? How was this reflected in COP 26? (18:00)

6. Twelve years ago at the climate summit in Copenhagen, countries made a 100 bn dollar commitment towards climate financing by 2020. Has this been met? What are the structural issues that are inhibiting actual transfer to the poorest and most underdeveloped countries in the world? The context being the parallel 2 trillion dollar expenditure on military in 2020, and what this says about the value of climate change as seen by such allocation of financing? (22:59)

7. What are the biggest hindrances in local climate financing? How do you think that this affects any large-scale impact? How can we ensure accountability in climate financing at various levels? (27:38)

8. What sources would you recommend for anyone who wants to read more about climate financing? (35:27)