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 team at ODI has been analysing the latest trends in mobilising public international climate finance through the: Updates to the data…
REDD+ finance: Lessons from the US
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 or sustainable forestry reported by United States agencies with data transcribed from public documents. Although it is not linked to the US government, the…
REDD+ finance: who’s counting?
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 can we really say about how much finance there has been, where it has come from, where it is going, and what it is being spent…
New update – June 2013
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 May 2013 Sweden’s government announced a new pledge to the Adaptation Fund of USD 15 million, making Sweden the biggest donor to the…
Climate Finance: A few more fundamentals
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 UNFCCC principles that recognize countries common but differentiated responsibilities to act to address climate change. Despite fiscal pressures,…
Following the Money: An Update on The Status of Climate Finance
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 major developments in climate finance over the last six months. Nearly $1 billion has been pledged to dedicated climate funds The UK, United…