World

Monitoring the Social Costs of Climate Change for Low- and Middle-income Countries

Abstract

This policy brief is the third in a series that assesses key issues affecting social spending as part of UNICEF’s work on Public Finance for Children.

It aims to add to the understanding on of what climate change means for social sector budgets, and the extent to which social sectors are being prioritized in the climate response.

Social sectors face rising climate-related costs but positive opportunities to raise the required additional financing required remain. These include: leveraging green technologies; reforming energy subsidies and harnessing green financing initiatives.

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