This working paper traces the evolution of the ‘networked solution’ to finance that came together at the COP21 in Paris, linking the formal negotiations with a broader set of actions by financial regulators, by financial institutions and also by civil society. It explores the creative dynamic between France’s efforts to stimulate action within its own domestic financial system, and the international steps harnessing the financial system for climate security. It closes with reflections on how this new approach can be deepened in the year ahead. - See more at: http://unepinquiry.org/publication/how-paris-became-the-capital-of-climate-finance/#sthash.xf8WLzKh.dpuf