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The document argues that traditional separations between adaptation, mitigation, and development are insufficient. It proposes 'climate compatible development' as a framework to achieve 'triple win' outcomes: low emissions, high resilience, and sustained human development. It highlights a new development landscape where climate finance, shifting trade patterns, and technological innovation redefine economic growth, particularly for developing nations.

The policy brief introduces 'climate compatible development' as a framework to move beyond the traditional separation of adaptation, mitigation, and development strategies. It argues that policy makers must integrate these three pillars to achieve 'triple win' strategies that minimize climate threats while maximizing development opportunities. The document highlights the 'new development landscape' characterized by shifting trade patterns, new climate finance mechanisms based on 'polluter-pays' principles, and the need for long-term national consensus to navigate risks and uncertainties.

The document defines fundamental climate policy terminology, distinguishing between market-based mechanisms like carbon taxes and cap-and-trade programs, and explaining concepts such as offsets, adaptation, and complementary policies.