The $100 Billion Climate Finance Promise: Too Little, Too Late?

Developed countries have met the $100 billion/year climate finance goal for three years in a row. But the headline number doesn't necessarily tell the full story - most climate finance is still public money; mitigation continues to dominate; adaptation finance is growing, but slowly; 73% of public climate finance is delivered as loans, not grants, and concessional bilateral lending is declining. Sehr Raheja decoded the reported in this explainer video for Down to Earth, breaking down the key messages and why the numbers don't tell the full story.

 

 

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