Climate finance continues to be the central issue in how the global community proposes to follow through with implementation of the Paris Agreement. Since 2012, Climate Policy Initiative (CPI) has sought to comprehensively track domestic and international investment from both the public and private sectors for climate mitigation and adaptation.
This latest report condenses a set of updated findings based on newly published data for 2015 and 2016. According to the report, revised estimates for global climate finance flows for 2015 amount to USD 472 billion and USD 455 billion for 2016. While private investment continues to account for the major share of climate investments, in terms of public sources of investment, National Development Finance Institutions (DFIs) reported almost double climate finance commitments in 2015/2016 over the 2013/2014 period, mostly spent domestically. An additional USD 4 billion was sourced from governments and their agencies in the form of direct grants and incentives for electric vehicle sales.
The full report is available to download on the CPI website.