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One of the 17 Sustainable Development Goals adopted by world leaders to guide the global development agenda until 2030 involves taking urgent action to combat climate change and its impacts (UN, 2015a). Without access to climate finance, it is impossible for individuals and communities, especially those in developing countries, to implement ambitious climate actions. Although there is as yet no universally agreed definition of climate finance, the common understanding is that climate finance is critical in curbing climate change impacts.