Category:Pledges & Commitments Archives - Page 2 of 2 - The German contribution to International Climate Finance » The German contribution to International Climate Finance

Topic: Pledges & Commitments

Publication100 billion / Adaptation / Pledges & Commitments / UNFCCC

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

Federal budget / German climate finance / Pledges & Commitments

German federal budget 2023: Government ignores climate finance pledge – again!

7. September 2022 |

With its draft federal budget for 2023, the German government wants to keep climate finance for developing countries down at the 2021 level – thus moving further away from its 2021 pledge and eroding the carefully crafted balance of trust... more

100 billion / Pledges & Commitments / UNFCCC

OECD confirms: Rich countries broke the $100-billion promise

10. August 2022 |

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

G20/G7 / 100 billion / International climate finance / Pledges & Commitments

G7: Meagre results for climate finance

3. July 2022 |

At the G7 summit, heads of state and government also discussed financial support for poorer countries for cutting emissions and adaptating to climate change – with less-than-impressive results. One can hardly claim that the G7 summit made any significant progress... more

100 billion / German climate finance / Pledges & Commitments

Update: German planned climate finance in 2022 and 2023 remain at odds with Germany’s pledge

16. June 2022 |

With the final adoption of the federal budget by the German parliament, German climate finance is not to grow in 2022 as would be consistent with gradually fulfil the German government’s pledge made the G7 summit in 2021. The German... more

100 billion / G20/G7 / German climate finance / Pledges & Commitments

G7 Summit: Germany pledges to increase climate finance

15. June 2021 |

Surprise at the last minute: just before the emd of the G7 summit, Germany commits to increase the budget allocations for climate finance from currently around four billion euros to six billion euros annually by 2025 at the latest. A... more

International climate finance / Pledges & Commitments / Transparency

Before the G7 summit: Developed countries climate finance projections fail to deliver clarity and predictability

7. June 2021 |

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

Pledges & Commitments / 100 billion / German climate finance

Climate finance at the Petersberg Climate Dialogue: Litmus test for Germany’s continued solidarity with the Global South

3. May 2021 |

When German Chancellor Angela Merkel welcomes ministers from around 40 countries for the 2021 edition of the Petersberg Climate Dialogue later this week, the audience will listen carefully if she makes a commitment to significantly increase urgently needed financial assistance... more

Puplications

Climate Finance Short-Changed, 2024 Update: Estimating the real value of the $100 billion commitment for 2021-22In 2009, rich countries promised to ramnp up climate finance to $100bn a year by 2020 to support climate action in lower-income countries low- and middle-income countries. According to the OECD, climate finance in 2022 stood at nearly $116 billion, reaching an surpassing the level originally promised for 2020. In this new analysis, Oxfam estimates the impact of generous accounting pracitices that lead to significant over-estimation of provided support. By that estimate, the actual, support effort by developed countries specifically targeting climate action may have amlounted to a mere $28-35 billion, much lower than what officially reported figures seem to suggest. This Methodoloy Note explains how the estimate was calculated.
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10 things to know about climate finance (2024)The publication by Heinrich-Böll-Foundation provides an overview of the most important developments and facts on international climate finance in 2024.
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