When the UN Climate Change Conference COP28 opens its doors in Dubai tomorrow, climate finance could be one of the keys to success. What specific issues are on the agenda and what results are possible? An overview.
Like COP27 in... more
At COP15 in Copenhagen, developed nations pledged to support climate action in developing nations with ‘new and additional’ finance. The support should grow to USD 100 billion annually by 2020. The 100 billion goal has not been met yet, but... more
In the run-up to COP26 and COP27 Germany and Canada have produced updates on how wealthy countries delivered on their climate finance commitments. The reports have so far not contributed to a lot of clarity on which counties are expected... more
These days the German government submitted its 2022 climate financing figures to Brussels, as required under an EU regulation. According to the figures, Germany has fulfilled its €6 billion pledge three years earlier than promised. Worth a quick analysis.
A... more
Climate Finance Shadow Report 2023: Assessing the delivery of the $100 billion commitment
13. July 2023 |
Oxfam’s Climate Finance Shadow Report analyses the state of international climate finance regarding the fulfilment of the industrialised countries’ promise to increase financial support for climate mitigation and adaptation in poorer countries to 100 billion US dollars annually by 2020.... more
Over the next two weeks, the SB58 climate talks will be held in Bonn, advancing the international climate regime and preparing the next UN climate summit COP28 in Dubai at the end of the year. Again, climate finance will be... more
The upcoming UN Climate Change Conference COP27 takes place in a time of multiple global crises. Success is uncertain but urgently needed, including on climate finance. What can we expect?
The COP27 faces particular challenges – not least the war... more
The federal government has now presented its official figures on climate finance in 2021, showing that amounts have indeed increased. Here is a closer look at the figures.
According to the German Federal Ministry for Economic Cooperation and Development, budget... more
Climate Finance Short-changed: The real value of the $100 billion commitment in 2019–2020
27. October 2022 |
In 2009, high-income countries promised to provide $100bn a year in climate finance to low- and middle-income countries by 2020. They have failed to keep this promise. Their official reports claim that the climate finance they provided and mobilized reached... more
As expected, developed countries did not keep their promise from 2009 to ramp up climate-related financial assistance to $100 billion a year by 2020. The OECD now reports that in 2020, a level of around $83 billion had been reached.... more
Seeing Double: Decoding the 'Additionality' of Climate FinanceAn analysis by CARE on industrialized countries' climate finance (2011-2020) highlights the close linkage to already strained public ODA budgets. more ...
Hollow Commitments 2023: An Analysis of Developed Countries' Climate Finance PlansA publication by CARE analyzing the climate finance plans that 26 industrialized countries submitted to the UNFCCC secretariat. more ...
