Green Isn't Always Clean: Integrity Risks in Climate Solutions
An LSE study maps corruption, embezzlement, and greenwashing risks in climate solutions — and why integrity units need to pay attention now.
Think corruption is just a white-collar crime with no vicitim or real-world impact? Think again.
As the fight against climate change ramps up, the volume of funds committed to climate finance grows exponentially. And as we've seen time and again, rapid increases in financial flows can easily become hotbeds for corruption and other integrity misconduct.
So, what are the main integrity risks affecting climate projects?
What happens when they materialize?
And what should stakeholders in climate finance do about it?
A recent study by the London School of Economics (LSE) sheds light into these pressing questions. This field of study, with limited data so far, is explored in depth by researchers Tiffanie Chan, Laura Ford, Catherine Higham, Shirley Pouget, and Joana Setzer in their report, "Corruption and Integrity Risks in Climate Solutions."
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Topics: Fraud & Corruption · MDB System & Sanctions
