London, 2 November 2023 – Climate finance is vital to combat the climate crisis. A new study shows that annual climate finance flows surpassed USD 1 trillion for the first time in 2021, six years after the Paris Agreement was adopted in 2015. However, flows must increase by at least five-fold annually by 2030 to avoid … Continue reading Annual finance for climate action surpasses USD 1 trillion, but far from levels needed to avoid devastating future losses