Between Need and Power: Evidence from Two Decades of Climate Finance

In this thesis, I review bilateral official development assistance (ODA) for environmental objectives data compiled by OECD (2002-2024) and climate vulnerability and readiness indices to empirically test Keynesian and World-Systems expectations on sectoral preferences of bilateral donors, the relationship between climate finance and recipient characteristics, and shifts in macrolevel allocation trends before and following the 2015 Paris Agreement. I find that sectoral preferences of bilateral do