In 2009 developed countries committed to jointly mobilise USD 100 billion a year in climate finance by 2020 for climate action in developing countries. This report provides a status check on the level of climate finance mobilised by developed countries in 2013 and 2014, five years after this initial commitment was made at COP15 in Copenhagen. It shows that there has been significant progress in meeting this goal.
The report aims to be transparent and rigorous in its assessment of the available data and underlying assumptions and methodologies, within the constraints of an aggregate reporting exercise. While methodological approaches and data collection efforts to support estimates such as this one are improving, there nevertheless remains significant work to be done to arrive at more complete and accurate estimates in the future.
OECD work on adaptation to climate change focus on two main areas: (1) adpatation policies and economics and (2) Adaptation and development co-operation. The latest Policy Perspectives on Adapting to the impacts of climate change" provides key lessons learnt from recent OECD work on adaptation, including challenges and recommendations for climate adaptation, with a focus on OECD member countries.
The OECD has a long experience of exchanging knowledge and good practices through effective, policy-orientated and collaborative initiatives. The OECD is helping countries with policy analysis and guidance to implement NDCs and prepare their action plans on climate change mitigation and adaptation. How is the OECD supporting action on climate change? Find out more.
Limiting climate change to 2°C requires a major shift in investment patterns towards low-carbon, climate resilient options. Our report "Green Investment Banks: Scaling-up Private Investment in Low-carbon, Climate-Resilient Infrastructure" is now available.
The OECD Green Investment Financing Forum promotes dialogue between public and private sector towards the mobilisation of private investment financing for low carbon and climate-resilient infrastructure. Save the date: the 3rd Forum will be held on 13-14 October 2016 in Tokyo, Japan.
The Research Collaborative conducts and co-ordinates work to develop and assess methods for estimating private finance mobilised by developed countries for climate action in developing countries. Its latest publication highlights options that could be implemented and outlines longer-term action points towards systematic and comparable data and methods. Find out more about the programme for 2016-17.
The CCXG is a group of government delegates and experts from OECD and other industrialised countries. Its aim is to promote dialogue on and enhance understanding of technical issues in the international climate change negotiations. Two new reports and expanded summaries on Mitigation and Support in the Paris Agreement - and Adaptation to climate change are now available.
Investment in clean energy infrastructure needs to be scaled up to support the broader development, economic and climate agenda. This will require leveraging private investment, however investment in this area remains constrained by barriers, including market and government failures. This page describes what tools the OECD provides to governments to create an enabling environment for investment flows to clean energy infrastructure.
This report provides the first comprehensive study of publicly capitalised green investment banks (GIBs), analysing the rationales, mandates and financing activities of this relatively new category of public financial institution. Based on the experience of over a dozen GIBs and GIB-like entities, the report provides a non-prescriptive stock-taking of the diverse ways in which these public institutions are catalysing private investment in low-carbon, climate-resilient infrastructure and other green sectors, with a spotlight on energy efficiency projects. The report also provides practical information to policy makers on how green investment banks are being set up, capitalised and staffed.
A stern warning for climate change, and our health - Shipping brings us 90% of world trade and has increased in size by 400% in the last 45 years. Cargo ships, tankers and dry-bulk tankers are an essential element of a globalised world economy, but they are thirsty titans and they won’t settle for diet drinks. There are up to 100,000 working vessels on the ocean and some travel an incredible 2/3 of the distance to the moon in one year.