Climate finance refers to the financial resources used to fund actions that mitigate and adapt to the impacts of climate change. Under the UNFCCC developed countries have committed to support developing countries mitigate and adapt to climate change through the provision of financial resources. Public finance in particular, plays an important role in this regard, supporting capacity building, research, piloting and demonstrating new approaches and technologies, and removing barriers to other climate finance flows.
With a focus on international and concessional public climate finance flows through the multilateral climate funds, these pages aim to give an overview of climate finance for developing countries.