Publication – Global Synthesis Report on Climate Finance 2022
Climate Chance in partnership with Finance for Tomorrow, published the Global Synthesis Report on Climate Finance 2022 on the occasion of Paris for Tomorrow Week.
According to figures from the Organisation for Economic Co-operation and Development (OECD) published at the end of July, climate finance amounted to 83.3 billion dollars (USD) in 2020, falling short of the promise made by Global North countries to commit 100 billion dollars per year, from 2020 onwards to those in the Global South. In the lead-up to COP7, organized this year on the African continent in Sharm El Sheikh, the climate negotiations will focus on the issue of financing and commitments, the drivers of climate action.
Given the need for consistent action by the financial sector in relation to climate and environmental issues, the Global Synthesis Report on Climate Finance 2022 provides a global overview and an essential analysis of all financial flows that enable the implementation of actions that have a positive impact on mitigation (reducing GHG emissions) or adaptation to climate change.