Back to results

Bilateral Financing Institutions and Climate Change

Author
United Nations Environment Programme (UNEP)
Description

In its third year, this mapping exercise of climate change financial flows to developing countries is an initiative of the United National Environment Programme (UNEP) Bilateral Finance Institutions Climate Change Working Group (‘UNEP BFI CCWG’). The UNEP BFI CCWG originated from a workshop on bilateral financing for climate change convened in January 2009 at UNEP in Paris. Present members of the UNEP BFI CCWG are UNEP and five bilateral finance institutions: Agence

Française de Développement (AFD), European Investment Bank (EIB), Japan International Cooperation Agency (JICA), KfW Entwicklungsbank (Germany’s Development Bank), and Nordic Environment Finance Corporation (NEFCO). These financing institutions act, and provide financing, on behalf of their respective governments.For the past three years, members of the UNEP Bilateral Finance Institutions Climate Change Working Group (‘UNEP BFI CCWG ’ – see p. 2) have mapped their climate

change financing in an effort to transparently disclose their part in climate change financial flows to developing countries, and to demonstrate their future potential as vehicles for the delivery of significant amounts of climate finance. Building on these prior efforts,5 this report again finds that members of the UNEP BFI CCWG channel significant amounts of climate finance for both mitigation and adaptation, and demonstrates an increase of 22% in bilateral finance institution (BFI) climate financing in 2010 over 2009, despite a trying economic year.

Publication date
2011
Document type
Research Report
Language(s)
English
Website
www.unep.org
Document Link
Document Link
Download

Categories: General Infrastructure

Subscribe to @ISSUE

Subscribe to our quarterly newsletter to get up-dates from the ICA

Learn More