As we pas the 2020 deadline for $100 billion a year of climate finance we look at how much climate finance could be “new and additional” as the original commitment envisaged, and how much each country has contributed.
CGD Policy Blogs
Our analysis suggests improvements need to be made to ensure mitigation funding has the intended impact. We estimate that a focus on effectiveness could plausibly reduce emissions by an amount equivalent to a year of the UK’s emissions. Here, we draw out three reforms that should accompany any new finance commitments.