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Rethinking Development Finance in Response to 21st-Century Challenges:  Islamic Climate Finance and Post-Conflict Recovery
Nov 24, 2023

Rethinking Development Finance in Response to 21st-Century Challenges: Islamic Climate Finance and Post-Conflict Recovery

Traditional development financing is proving insufficient to address overlapping global challenges, such as climate change and fragile contexts. This brief explores new thinking in development finance through two examples. The first is Islamic climate finance, which constitutes less than 2 percent of global Islamic finance. The brief identifies policy priorities and proposes dedicated Islamic climate-finance windows (e.g., in the Green Climate Fu