Promising the moon or delivering down-to-earth? An overview of German fast start finance 2010-2012

The new paper by Oxfam Germay provides an overview of Germany’s performance regarding its fast start finance (FSF) pledges for climate finance which the German government promised at the UN climate summit in Copenhagen in 2009. Based on the available figures and data we conclude that Germany has fulfilled its promises, but has provided very little “fresh” money. Mostly the existing plans and budget lines were counted towards FSF. German climate finance has also heavily neglected adaptation to climate change. Furthermore, the paper gives an outlook on 2013 and 2014 as well as recommendations for future climate finance from Germany.