{"id":529,"date":"2011-12-14T20:24:25","date_gmt":"2011-12-14T20:24:25","guid":{"rendered":"https:\/\/climatepolicyinitiative.org\/?post_type=cpi_pr&p=529"},"modified":"2015-02-21T01:00:34","modified_gmt":"2015-02-21T01:00:34","slug":"climate-policy-initiative-finds-that-global-climate-finance-totals-at-least-usd-97-billion-a-year","status":"publish","type":"cpi_pr","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/press-release\/climate-policy-initiative-finds-that-global-climate-finance-totals-at-least-usd-97-billion-a-year\/","title":{"rendered":"Climate Policy Initiative Finds that Global Climate Finance Totals at Least USD 97 Billion a Year"},"content":{"rendered":"

Most funding comes from private investors rather than public funds<\/em><\/p>\n

VENICE, ITALY — To support discussions on the adequacy and effectiveness of international climate finance, Climate Policy Initiative (CPI) has published the\u00a0first comprehensive review of the climate finance landscape<\/a>. Compiling data from a wide range of sources, CPI’s report shows how much finance is currently available and describes the flow of finance, including the sources, intermediaries, instruments, channels, and end uses.<\/p>\n

CPI finds that at least USD 97 billion is already being provided annually to finance low-carbon, climate-resilient activities. However, CPI also points to definitional uncertainties that make it difficult to assess whether the international community is close to meeting its commitment to mobilize USD 100 billion per year by 2020 to help developing nations tackle climate change. For example, questions arise about how much of the USD 97 billion can be considered “new and additional,” and whether both public and private sources of finance should be considered as aid. Additionally, the USD 97 billion figure relates to commitments, not disbursements, counted at their gross value (rather than the net ‘aid’ value); it is not clear whether the USD 100 billion commitment is similarly defined.<\/p>\n

“While the debate about the amount of funding is topical leading up to the COP 17 in Durban, for us the data also prompts questions about how current flows correspond to countries’ needs, whether current uses are effective, and how climate finance can be scaled up to support the transition to a low-carbon, climate-resilient future,” said Barbara Buchner, director of CPI Venice. “We hope that these questions are addressed in the next phase of discussions.”<\/p>\n

CPI also finds that:<\/p>\n