Climate Finance and Cultural Sponsorships

This chapter explores the financial demands of developing nations for climate initiatives, particularly their call for $1 trillion annually in climate finance amidst complex negotiations involving major emitters like Saudi Arabia. It also discusses recent commitments from the U.S. and Australia, highlighting the political motivations behind these contributions, and shifts to a significant partnership between luxury brand Louis Vuitton and the Musée d'Orsay. This transition reflects broader trends in how luxury brands influence cultural institutions and reshape the landscape of art patronage.