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News – Climate Funds Update

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The Green Climate Fund just became the top contributor of funding to developing countries: do we know the money is being spent well?


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by Charlene Watson (ODI) and Liane Schalatek (HBS) The Green Climate Fund now has approved more funding for climate change action in developing countries than any other multilateral climate fund. With the Board decisi...


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Rising public climate finance flows only tell part of the story


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By Liane Schalatek Just in time for the international climate community coming together from December 3-14 for this year’s international climate summit, the COP24 in Katowice, Poland, two complementary sets of clima...


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Millions being delivered for the water sector, but billions are needed


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The recent Fiji/ Bonn COP grappled with the mobilisation of finance for country’s Nationally Determined Contributions (NDCs). These NDCs are a powerful framework for setting out national climate action priorities...


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In Bonn and Beyond, Gender-Responsive Climate Finance Means More than Numbers

As the international climate community comes together from November 6-17 for this year’s climate summit, the COP23 in Bonn, a lot of attention will be focused on the fact that this is the first COP…


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Climate Funds Update highlights: May 2017


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The biggest news in the last few weeks has been the US’s withdrawal from the Paris Agreement. One impact of this withdrawal is uncertainty over the delivery of the remaining $2 billion from the US’s $3 billion ple...

Climate Funds Update highlights: November 2016


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The UNFCCC COP21 in Paris left high expectations for COP22 in Marrakesh to deliver a ‘concrete road map’ for mobilizing the $100 billion in climate finance for developing countries by 2020. The Climate Finance tea...

Climate Funds Update highlights: May 2016


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The Paris Agreement necessitates a gear change in progress on the ground In December 195 nations came together in Paris to secure an historic global climate agreement. The question of who should foot the bill for imp...

Better data can help international forest finance flow


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In this blog Marigold Norman of the Overseas Development Institute discusses what improved capacities for producing reliable data on forest cover mean for access to international REDD+ finance. http://www.odi.org/comm...


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What counts? Understanding where we stand on climate finance


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Smita Nakhooda, Team Lead for Climate Finance at ODI, sheds clarity on the different ways of counting climate finance flows – with some pointers that could help policy-makers get to grips with this contentious iss...


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Getting it together: institutional arrangements for coordination and stakeholder engagement in climate finance


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Vyoma Jha, Centre for Policy Research (CPR) Countries around the world are establishing arrangements to direct public finance and international investment towards climate change mitigation or adaptation. CPR and ODI h...


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Increasing the transparency of climate-related development finance flows: publishing detail on over 7,000 projects in 2013


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Stephanie Ockenden, OECD Development Cooperation Directorate Climate change and development are intrinsically linked, and external development finance flows have a critical role to play in supporting this transition....


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The coordination of climate finance in India


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Vyoma Jha, Centre for Policy Research The Indian government recently announced the enhancement of solar energy targets under the National Solar Mission to 100 GW by 2019 as compared to the initial aim of 22 GW by 2022...

Climate Finance Fundamentals 2014


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Sam Barnard, ODI The UNFCCC COP20 kicked off this week in Peru. Day by day more negotiators and observers are arriving at ‘el Pentagonito’, the Peruvian army headquarters in Lima where this year’s conference i...

The local-global link in adaptation financing


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Alice Caravani attended the recent Community Based Adaptation Conference (CBA8) in Kathmandu, Nepal, organised by IIED. In this opinion piece for ODI she reflects on experiences with adaptation financing in Nepal, ...

More than meetings: the way forward on climate finance


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Smita Nakhooda, ODI At the COP 19 in Warsaw, Christiana Figueres sent governments back home with a command: “Governments, and especially developed nations, must go back to do their homework so they can put their pla...

Climate finance highlights since July 2013


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Climate Funds Update data is now current as of October 2013.  This brief note highlights new developments including pledges, approvals, and disbursements. New Climate Finance pledges July 2013 – November 2013: Pled...

Climate Finance: A Few Fundamentals for 2013


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Developed countries have provided finance to help developing countries respond to climate change through many different channels, including dedicated multilateral climate funds. The UNFCCC COP in Warsaw this week, it...

Who’s ready for climate finance?


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Richard Calland (Africa Climate Finance Hub) and Smita Nakhooda (ODI) Is it a bird or is it a plane? The question of what ‘readiness’ for climate finance involves has attracted a great deal of attention and deba...

REDD+ finance: where next?


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Marigold Norman, Forest Trends and Charlene Watson, ODI In bringing together the views of a number of initiatives tracking REDD+ finance, this series has highlighted why there isn’t a single aggregate figure for gl...

REDD+ Finance: Private Lessons For The Public Sphere


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Molly Peters-Stanley, Ecosystem Marketplace Kenya’s Kasigau Corridor Project that Reduces Deforestation and forest Degradation (“REDD”) protects 200,000 hectares of endangered forest between the Tsavo East and T...


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REDD+ Finance: What do we know about the private sector contribution?


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Iain Henderson & Jacinto Coello, UNEP FI There is broad consensus that private finance and investment are needed for REDD+ to meet its climate change mitigation potential in the medium to long-term. Those who are ...


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REDD+ finance: Lessons from the US


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Jeff Metcalfe, Tropical Forest Group The Tropical Forest Group has been tracking the REDD+ finance flowing from the U.S. in its U.S. REDD+ Finance Database (USRFD). This contains more than 800 data points for REDD...

REDD+ finance: What you see isn’t always what you get


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Alice Harrison, Transparency International A colleague recently likened his experience tracking climate and REDD+ money in Mexico to an archaeological dig. Little by little, fragments of your object begin to reveal th...

REDD+ finance: who’s counting?


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Charlene Watson, ODI and Marigold Norman, Forest Trends Finance for Reducing Emissions from Deforestation and Degradation plus conservation (REDD+) activities has been flowing for at least five years now. But what c...

New update – June 2013


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The Climate Funds Update data is now current as of June 2013. This brief note highlights new developments including pledges, approvals, and disbursements. New Climate Finance pledges March 2013 – May 2013: On 24th M...

What was achieved during the Fast Start Finance period?


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Developed countries agreed to deliver USD 30 billion in new and additional ‘fast-start finance’ (FSF) between 2010-2012 to developing countries, as a step towards mobilizing USD 100 billion per year from public an...

New update – March 2013


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The Climate Funds Update data is now current as of March 2013. Since November 2012, countries have pledged and deposited money in a number of climate funds. The UK has pledged USD 147 million to the Clean Technology ...


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Increasing transparency in climate finance: what role for the UNFCCC NAMA Registry?


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This piece was written by Charlene Watson of the Overseas Development Institute. Since 2007, parties to the UNFCCC have been discussing the design of a registry of Nationally Appropriate Mitigation Actions (NAMAs). ...


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Fast-Start Finance: where do we stand at the end of 2012?


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This piece was co-authored by Smita Nakhooda of the Overseas Development Institute and Taryn Fransen of the World Resources Institute, with inputs from Noriko Shimizu (International Group for Environmental Strategie...

Climate finance tracking 2.0


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CFU is glad to feature this guest commentary on climate finance transparency from our colleague Maya Forstater, Climate Finance Advisor to Publish What You Fund. They say if you like sausages you should never visit a...

New update – November 2012


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We have now updated all fund and project data through 15th November 2012. For more information on our latest publications in preparation of the COP meetings in Doha click here. Please contact the Climate Funds Upda...

Climate Finance: A few more fundamentals


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As Qatar prepares to host COP 18, decisions on how to deliver and channel finance to help developing countries respond to climate change will again be on the agenda. Climate finance is mobilized in the context of UNFC...

New update – September 2012


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The Climate Funds Update data is now current as of September 2012. Highlights from this update include: $160 million has been pledged and deposited to the Global Climate Change Alliance (GCCA), since September 2011, ...


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Following the Money: An Update on The Status of Climate Finance


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Following the first meeting of the board of the new global Green Climate Fund, and as UNFCCC parties meet in Bangkok to take stock of progress in implementing the Durban Platform, Climate Funds Update reflects on ...


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New update – August 2012


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We have now updated all fund and project data through 30th June 2012. Feedback on our new data visualisation tools would be welcome. Please contact the Climate Funds Update team with any questions or for further in...

Long Term Climate Finance


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Estimates of the costs of addressing climate change in developing countries vary substantially from $480 billion to $ 1.5 trillion per year. Understanding growing needs for finance to help developing countries addr...

The Green Climate Fund: Ready, set, go?


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Smita Nakhooda (ODI) and Liane Schalatek (HBF) Climate finance was a hot topic at the UNFCCC COP in Durban, South Africa last year, and the adoption of the governing instrument of the Green Climate Fund (GCF) was a ...

The Fundamentals of Climate Finance


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Smita Nakhooda introduces the updated Climate Finance Fundamentals publication series, released for the COP in Durban on Climate Funds Update. The series offers short, introductory briefings on various aspects of cli...