Addressing climate change has become an urgent task faced by all countries worldwide, and there is a significant funding gap that needs to be addressed. Climate finance plays a crucial role in bridging the financing gap for climate change mitigation, and it is invaluable for enhancing global climate resilience and accelerating carbon reduction efforts. It is of great significance to systematically review the progress of climate investment and financing both domestically and internationally, identify practical challenges, and propose targeted countermeasures and suggestions. Since the launch of the climate investment and financing pilot, China has developed an overall framework guided by low-carbon development goals, supported by a robust policy standard system, and driven by innovative models and local practices. However, there are still challenges such as optimizing incentive mechanisms, strengthening the standard system urgently needed innovation in climate investment and financing models. To more effectively promote the comprehensive development of climate investment and financing, it is recommended that pilot areas actively formulate and implement a series of incentive policies to stimulate participant enthusiasm. Additionally, accelerating the establishment of a sound climate investment and financing standard system will ensure accurate allocation of funds to areas with high climate benefits. Furthermore, accelerating innovation in financial products related to climate investment will effectively meet funding needs for various climate projects. |