With climate change, industrialized countries realize that some developing countries have a crucial role to play in reducing global emissions.   This necessitates a new kind of partnership very different from the “donor” approach with aid.  It is not a one-way street, with finance flowing from the donor to a recipient as large climate change emitters have significant bargaining power.  
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Greenhouse gas (GHG) emissions, climate change, and the need for coordinated action are currently very high on the global agenda. Historically, climate change discussions and policies primarily focused on GHG emissions from industry, energy sector and chemicals but much less on the ‘green’ sources of GHG such as deforestation, agricultural practices, intensified animal husbandry, and peatswamp reclamation.
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Climate change has now been widely recognized as one of the most significant challenges to sustainable development. The fourth assessment report of the Intergovernmental Panel on Climate Change (IPCC) highlights that the impacts of climate change associated with rising temperature are already visible. Addressing the challenge of climate change will require working across disciplinary and thematic boundaries.
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