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Blog Post
May 23, 2024
In this blog we summarise our new analysis, in which we estimate with a high level of confidence that over $100bn of climate finance was indeed provided in 2022. In our central estimate, we project $106.8bn of climate finance was provided, meeting the goal in the OECD’s interpretation. We also consi...
CGD NOTES
May 23, 2024
Developed countries committed to provide or mobilise $100 billion (bn) per year in climate finance by 2020. Although that goal was missed, the OECD suggested last year that it was likely that the goal had been met in 2022. In this note, we use newly available bilateral and multilateral finance data ...
Blog Post
May 16, 2024
Development agencies are spending unprecedented levels of development finance on climate-related objectives—but how much impact is that finance having? As negotiations towards a new climate finance target progress at the UN, we hope to add to the number of voices urging that the new goal encompasses...
Blog Post
November 30, 2023
The latest climate COP, or “Conference of the Parties to the United Nations Framework Convention on Climate Change,” got underway today in Dubai. It will be attended by thousands of delegates from governments, the private sector, media, and civil society, with two hectic weeks of events and negotiat...
Blog Post
November 15, 2023
On 1st October, the EU soft launched its Carbon Border Adjustment Mechanism (CBAM), which aims to help avoid “carbon leakage”, where companies move their production to country with less stringent climate policies. Reporting requirements will start from 2024 and full charges will come into effect in ...
Blog Post
November 13, 2023
The creation of a “forest carbon economy,” where countries reap the economic benefit of the emission reduction contributions of their forests, is increasingly seen as an important source of income for countries in Africa, Latin America, and Asia-Pacific. Brazil’s President Lula is promoting the cre...