OECD Observer
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The OECD Observer online archive takes you on a journey through half a century of public policy and world progress.
Since November 1962, the OECD’s experts and leading guests offer insights on the questions facing our member countries with concise and authoritative analysis, and provide our audiences with an excellent opportunity to understand policy debates and consider solutions.
Each edition of the OECD Observer reports on a core theme of the OECD’s on-going work, from economics and society through governance, finance, and the environment, and articles are bolstered by tables and graphs.
Also available in: French
- Quarterly
- ISSN: 15615529 (online)
- https://doi.org/10.1787/15615529
Tracking climate finance: Progress and challenges
At the 2009 United Nations Framework Convention on climate Change (UNFCCC), developed countries committed to mobilising US$100 billion each year for climate action in developing countries by 2020. As negotiations on a new climate agreement intensified in the lead-up to COP21 in 2015, an understanding of the progress made towards this commitment was important in keeping everyone around the table. In this context, the OECD estimated that US$62 billion had been mobilised in 2014, up by US$10 billion since 2013. Updated estimates towards the US$100 billion commitment will be needed in the run-up to 2020, along with new information about climate finance beyond this goal. But further progress relies on robust and transparent tracking of the different streams of climate finance.
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