Successes and challenges financing projects on climate in Chile

Abstract

The article presents Chile's experience in mobilizing financial resources to combat climate change, mitigate its negative effects and adapt to climate change. An overview of the accompanying factors is briefly presented and the process of formation of state policy to support climate finance and the reasons that restrain it are analyzed. The main institutions, mechanisms, sources and directions of climate finance are listed. International and national initiatives and measures to mobilize resources from institutional investors are presented and barriers to funding are analyzed. The conclusion is made about the expediency of studying the experience of Chile in the context of the development of climate finance in Russia.