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Blog Post
June 05, 2024
In 2015 the nations of the world agreed at the United Nations on 17 Sustainable Development Goals (SDGs) to be reached by 2030. The SDGs are the closest the world has come to a definable and measurable global social contract.
The SDGs do not constitute a legally binding contract; there are no pen...
Blog Post
June 03, 2024
It is time for an update to the $100 billion climate finance goal that was agreed to in 2009 as part of the United Nations Framework Convention on Climate Change process. In April, Cartagena hosted the first meeting under the ad hoc work programme on the new collective quantified goal on climate fin...
Blog Post
May 31, 2024
Well, that was an eventful week. We’re one week into the UK General Election campaign, which has so far been conducted with all the dignity of a Rooney family wedding. We’ve had internecine fighting, a spate of retirements, MPs mocking their own policy platforms and what can only be described as a s...
Blog Post
May 31, 2024
The latest round of UNFCCC climate negotiations begins next week in Bonn. Climate finance—and in particular who should pay—remains a hotly contested topic as negotiators strive to make progress on the New Collective Quantified Goal (to replace the current $100 billion target) by COP29 in November 20...
Blog Post
May 24, 2024
This has been a week of extremes for me: I spent the first part of the week basking in sunshine in Barcelona for a (very good) conference, meeting people from around the world working on interesting problems, eating incredibly good food and enjoying one of the more walkable cities I’ve visited. And ...
Blog Post
May 23, 2024
In this blog we summarise our new analysis, in which we estimate with a high level of confidence that over $100bn of climate finance was indeed provided in 2022. In our central estimate, we project $106.8bn of climate finance was provided, meeting the goal in the OECD’s interpretation. We also consi...
CGD NOTES
May 23, 2024
Developed countries committed to provide or mobilise $100 billion (bn) per year in climate finance by 2020. Although that goal was missed, the OECD suggested last year that it was likely that the goal had been met in 2022. In this note, we use newly available bilateral and multilateral finance data ...
Blog Post
May 17, 2024
It was a long, hard slog, and there have been a number of setbacks (not least days on end of merciless grey skies and rain), but London has finally settled into a real, actual summer. That means two things: first, everyone is in a ridiculously good mood. We get three weeks of sunshine a year, and it...
Blog Post
May 16, 2024
Development agencies are spending unprecedented levels of development finance on climate-related objectives—but how much impact is that finance having? As negotiations towards a new climate finance target progress at the UN, we hope to add to the number of voices urging that the new goal encompasses...