Financing Climate Actions: Key to a Paris Agreement?

The Polish Institute of International Affairs is an analytical institution established by an act of Parliament in 1996 to carry out research and provide expertise in international affairs. PISM disseminates information on contemporary international issues and maintains contacts with academic and political centres in Poland and abroad. The Institute runs courses for public servants, maintains a library (open to the public; 165,000 books and journals), organises conferences, and publishes books, periodicals and documents on Polish foreign policy and international matters.

The funding for PISM comes from the budget. The director is appointed by the prime minister for a term of five years, following consultation with the minister of foreign affairs. The minister supervises the Institute and appoints its advisory council, which includes a representative of the President of the Republic of Poland, academics and officials.The Paris Climate Conference to be held in December may be the last chance to deliver a global agreement on tackling climate change. One issue that could be a game-changer for the negotiations and one that is inevitable to achieve global climate goals is so-called climate finance. The existing framework does not provide enough predictability and capacity to limit global warming to a maximum of 2°C. A clear mechanism for gathering public funds from developed countries and the inclusion of private investments is needed to secure reliable post-2020 climate actions.

• Primary Source