In October 2016, the UNFCCC will publish its second Biennial Assessment and Overview of Climate Finance Flows (BA). To inform this important exercise, CPI has reviewed climate finance flows for the years 2013 and 2014, as previously reported in our 2014 and 2015 Global Landscape of Climate Finance reports.
Since the first edition in 2011, CPI’s Global Landscape of Climate Finance has become a benchmark for information about how finance is flowing from actors and sources, toward low-carbon and climate-resilient activities.
The BA is the official biennial report produced by the UNFCCC’s Standing Committee on Finance (SCF). It collects the most recent climate finance data including from our own Global Landscape reports and official reporting on climate finance from developed and developing country Parties to the UNFCCC to support the international climate negotiations.
The first BA in 2014 covered the years 2011 and 2012, and this year’s edition will consider 2013 and 2014. To inform this exercise, we analyzed data gaps in the last two editions of the Global Landscape reports and identified opportunities to improve our annual estimates of global climate finance in 2013 and 2014. This update focused on two areas of improvement: (1) increasing data coverage through surveys of additional Development Finance Institutions (DFIs), and (2) improving data accuracy and comparability across the years.