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Topic: UNFCCC

Climate finance at COP26

31. October 2021 |

Starting today, world leaders will gather for the 26th UN Climate Change Conference (COP26) in Glasgow, Scotland, to continue working on implementing the Paris Agreement. The dominant topic is likely to be the catastrophic inadequacy of the countries’ contributions to... more

100 billion / UNFCCC

$100 billion goal remains unmet: Impacts of recent pledges on climate finance by 2025

20. September 2021 |

As the long-standing promise by rich countries to ramp up climate finance to assist poorer nations to $100 billion a year from 2020 remains unfulfilled, Oxfam estimates that recent pledges by developed countries will not suffice to reach the goal,... more

100 billion / Federal budget / German climate finance / UNFCCC

German climate finance: state of play and 2020 challenges

19. February 2020 |

In the past, Germany has been among the more ambitious providers of financial assistance to developing countries’ efforts to adapt to a changing climate and cut or avoid greenhouse gas emissions. Germany was the first country to pledge to the... more

UNFCCC / 100 billion / Adaptation Fund / International climate finance

Climate finance at COP23: results at a glance

COP23 delivered only little progress on climate finance Photo © IISD/ENB | Kiara Worth

24. November 2017 |

At the Bonn World Climate Conference COP23, once again, climate finance proved to be a sticky topic. Two sensitive issues delayed the closing of the conference until the early hours of Saturday. Overall, little has been achieved, developed countries prevented... 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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