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UNFCCC and climate action

Sustained implementation of the United Nations Framework Convention on Climate Change (UNFCCC) now and in the future will be needed to combat climate change effectively. The current climate change negotiations aim to deliver a balanced agreement that will make this possible. Fast start finance can strengthen current efforts and help enable future ones.

Fast start finance

The Copenhagen Accord notes developed countries’ commitment to providing developing countries with fast start finance approaching USD 30 billion for the 2010-2012 period, for enhanced action on mitigation (including Reducing Emissions from Deforestation and Forest Degradation, REDD), adaptation, technology development and transfer and capacity building.

Long term finance

Another goal in the Copenhagen Accord - in addition to fast start finance - is to jointly mobilize USD 100 billion per year by 2020 to address the needs of developing countries, in the context of meaningful mitigation actions and transparency on implementation. This will enable developing countries to take climate actions beyond 2012.

NEW and Updated

Following the Durban COP this site has been updated and renewed. A number of donor countries asked for an update of their information. This has been done. For other donors we like to refer to the official documentation sent to the UNFCCC-secretariat and available at the UNFCCC finance portal. This site now has 2 new features. A new search function allows the number of projects to be sorted by theme and country. And secondly information provided by contributing countries is now “mirrored” on the pages of the receiving countries to allow an oversight of activities in specific countries. Charts