Array ( [lang] => en [alias] => funding-sources-fr ) Funding sources

Funding sources

Climate funding comes mainly from developed countries, in accordance with the principle of common but differentiated responsibility and respective capabilities set out by the Convention. Thereby, developed countries provide financial support to meet their commitments outlined in the various decisions taken by the COPs.

Currently, pledges have reached USD 36.463 billion, while deposit is in the range of USD 21.308 billion and the approved amount is around USD 15.504 billion.

Status of funds in May 2016 (Source: Climate Funds Update)

 

For contributor’s countries, United Kingdom comes first and has pledged for USD 8.692 billion. United States comes in second position with a commitment of USD 5.722 billion, followed by Germany with a pledge of USD 3.983 billion.

 

Source: Climate Funds Update

Financial pledges varies from a country to another, which influences the funds sizes, as represented in figure below.

 

Source: Climate Funds Update

International funding are transferred to recipient’s countries through multiple channels (multilateral and bilateral) that have been implemented to ensure cooperation between contributors and recipients on a basis of transparency. More information about global climate finance architecture is available here

Bilateral institutions

The funds highlighted in diagram below are the bilateral institutions with the most important pledges (click on the green buttons for more information).

UK?s International Climate Fund Norway?s International Climate and Forest Initiative Germany?s International Climate Initiative

 

 

Multilateral institutions

Multilateral funds which have the most important pledges are highlighted in diagram below.