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Prof. Dr. Mark Purdon (Université du Québec à Montréal) presents his new book, 'The Political Economy of Climate Finance Effectiveness in Developing Countries' (Oxford UP 2024). Ms. Sarah Thompson (Université libre de Bruxelles / Sciences Po) serves as expert discussant. About the book: This book contributes to debates about the effectiveness of climate finance instruments for engaging developing countries on climate change mitigation. It is based on empirical investigation of the effectiveness and implementation of the Clean Development Mechanism (CDM), Reducing Emissions from Deforestation and Forest Degradation (REDD+) as well as Nationally Appropriate Mitigation Actions (NAMAs) in Tanzania, Uganda, and Moldova from 2008 to 2018. While the CDM emerged as the main climate finance instrument for engaging developing countries under the Kyoto Protocol, the carbon market approach it embodied would largely be replaced by a new array of climate finance instruments based on climate funds. It is argued that this is part of a broader shift away from liberal environmentalism since the 2008 global financial crisis toward a new set of global environmental norms described as developmental environmentalism. The main argument advanced in the book is that despite this shift in global environmental norms, differences in state development policy paradigms and development interests explain enduring patterns of CDM, REDD+, and NAMA effectiveness and implementation in Tanzania, Uganda, and Moldova over the period investigated. All three climate finance instruments were consistently more effectively implemented in Uganda and Moldova than Tanzania, despite differences in state capacity between East Africa and a country of former Soviet Union. Such findings might inform the design of international and transnational efforts to engage developing countries on climate change mitigation. Discussant: Ms. Sarah Thompson (Université libre de Bruxelles / Sciences Po) Moderator: Dr Kari Otteburn