The first submissions on future projections of climate finance as required under Article 9.5 of the Paris Agreement were submitted in 2020. Germany reported as a member of the European Union, which provided its submission on November 24, 2020. Following... more
A busy month for Germany’s G7 presidency has come to an end, with preparations for the G7 leaders’ summit in the Bavarian mountains, scheduled from the 26th to 28th of June, heating up.
A number of climate action relevant ministerials... more
At the 21st Conference of the Parties (COP21) in 2015, in Paris, developed countries committed to support climate efforts in developing countries by providing and mobilising at least $100 billion annually from 2020 onwards. This funding was an integral component... more
In the Paris Agreement, developed countries commit to providing significant financial resources, which are to strike a balance between mitigating and adapting to the impacts of climate change. In 2009, developed countries pledged to mobilize climate finance of USD 50... more
The COVID-19 crisis is having significant impacts on resources available in public sectors. At the same time, responding to it has strong financial dimensions, both with regard to governments’ investment decisions as well as the financial frameworks that affect people’s... more
Current analyses highlight several urgent works-in-progress in international climate finance. The industrialized countries are likely to fall short of their USD 100 billion target for climate finance. And while Germany is on track to meet its doubling commitment, it has... more
On July 1, 2020, Germany will take over the EU presidency for six months. This is the second time – after 2007 – that Chancellor Angela Merkel will be taking the chair. In a government statement on June 17, she... more
In November 2017, the OECD published its latest survey on the implementation of the USD 100 billion pledge, “Climate Finance Provided and Mobilised by Developed Countries in 2013-17”. According to the report, the figures achieved in 2016 and 2017 for... more
As climate impacts become more severe and frequent, increasing finance for climate resilience for the most vulnerable people is of utmost urgency. The 2016 Adaptation Finance Gap Report estimates the annual costs of adaptation in developing countries could range from... more
On 23 September, numerous heads of state and government gathered for the UN Climate Action Summit in New York. The UN Secretary-General had invited them to present new and more ambitious plans to curb the climate crisis. The summit was... more
