PIA Interactive Report 2020 | Page 19

FINANCING CLIMATE ACTION

The Paris Agreement could pave the way for climate-smart investment opportunities worth USD23 trillion between 2016 and 2030 .
While countries have given some cost estimates for their NDC actions , global NDC costs vary greatly . This means achieving the Paris Agreement goals requires some combination of domestic budgetary allocation , private sector finance ( national and international ), bilateral and multilateral finance mechanisms , and development assistance to meet NDC commitments .
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