List of Recent Climate Funding Announcements

 

 

Updating in Interactive Graphic - A number of climate funding announcements by developed country governments, multilateral development banks and multilateral climate funds have been made in the run-up to and at the COP 21 UN climate change conference. The secretariat of the UN Framework Convention on Climate Change (UNFCCC) has compiled the list below from public sources and produced an interactive user graphic to show the essential details of each.

 

Announcements by Developed Country Parties

  • Austria will strive to provide at least EUR half a billion in climate finance between 2015 and 2020, in addition to the current Austrian pledge to the GCF.
  • Belgium announced at the Leaders Event a commitment to provide EUR 50 million annually until 2020, and recalled its EUR 51.6 million contribution to the Green Climate Fund.
  • The three regions that make up Belgium have pledged EUR 11 million in new and additional funds to the Green Climate Fund: Wallonia will contribute EUR 7 million annually, Flanders will contribute EUR 3.5 million, and the Brussels Capital Region will contribute EUR 500,000.
  • Canada will provide CAD 2.65 billion over the next five years in international climate finance to support a transition to low-carbon economies that are both sustainable and more resilient.‎
  • The Czech Republic recalls its announcement to contribute approximately USD 5.3 million to the GCF for the initial replenishment period and additional approximately USD 2 million for the climate finance readiness activities.
  • Denmark announced that it would commit DKK 270 million (approximately USD 38 million) in earmarked climate finance in 2016, including DKK 156 million to the Least Developed Countries Fund (approximately USD 22 million) (subject to parliamentary approval).
  • Estonia has announced its intention to provide EUR 6 million between 2015 and 2020 for climate finance; from that EUR 1 million has already been pledged to the Green Climate Fund.
  • European Commission announced its intention to more than double climate finance grants from the EU budget up to 2020, reaching EUR 2 billion per year on average.

 

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