Financing a Just Transition

1.9

INTRODUCTION: ACHIEVING ADEQUATE, AMBITIOUS CLIMATE FINANCE

Tracking climate contributions A glance at some of the numbers on climate finance provided by developed countries towards the goal of mobilising $100 billion annually for climate action in developing countries by 2025.

CLIMATE FINANCE MOBILISED, 2013–2022 (USD BILLION)

USD billion

115.9

120

Multilateral public Export credits Mobilised private

21.9

100

83.3 89.6

80.4

2.4

79.9

Bilateral public

14.4 2.1

71.6

13.1 1.9

80

14.4 2.6

14.7 2.7

58.5

61.8

50.6

14.5 3

12.8 52.4

* Data gap 16.2 2.5

60

38.7

20.4 16.7 1.6

18.9 10.1 1.5

36.9

30.5

34.7

27.2

40

1.6

15.5

20

25.9

28

34.5

41

23.1

27

32

28.7

31.4

22.5

0

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

Note: Gap caused by introduction of enhanced measurement methods so totals for years before and after 2015 are not directly comparable.

PRIVATE FINANCE MOBILISED BY PUBLIC CLIMATE FINANCE PROVIDER, 2016–2022 (USD BILLION)

CLIMATE FINANCE MOBILISED BY THEME, 2016–2022 (USD BILLION)

USD billion

USD billion

115.9

25

120

21.9

Bilateral Multilateral development banks Multilateral climate funds

Mitigation Crosscutting Adaption

32.4

2.0

100

89.6

20

83.3

79.9 80.4

24.6

14.5 14.7 14.4

80

28.6

71.6

14.4

13.6

20.3

0.2

13.1

15

17.0

10.7

1.0

58.5

1.8

1.7

13.3 5.6

10.1

1.4

60

11.2

7.1

8.7

10.1 6.2

6.0

0.4

10

7.0

6.9

6.7

10.3

9.9

40

4.5

48.6

53.8

69.9

55.9

51.4

52.8

42.2

5

20

5.2

5.6

9.2

4.0

3.8

5.8

5.1

0

0

2016

2017

2018

2019

2020

2021

2022

2016

2017

2018

2019

2020

2021

2022

30

Financing a Just Transition

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