The 2021 edition of Climate Policy Initiative’s Global Landscape of Climate Finance provides the most comprehensive overview of global climate-related primary investment. Total climate finance has steadily increased over the last decade, reaching USD 632 billion in 2019/2020, but flows have slowed in the last few years. This is a worrying trend given that COVID-19’s impact on climate finance is yet to be fully observed. The increase in annual climate finance flows between 2017/2018 and 2019/2020 was only 10% compared to previous periods, when it grew more than 24%. An increase of at least 590% in annual climate finance is required to meet internationally agreed climate objectives by 2030 and to avoid the most dangerous impacts of climate change.
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Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/global-landscape-climate-finance-2021
[2] http://www.indiaenvironmentportal.org.in/files/file/Global Landscape of Climate Finance 2021.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/climate-policy-initiative
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-adaptation
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-mitigation
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global