Delivery plan announced for $100bn climate finance

Reacting to the announcement of a delivery plan for $100bn in climate finance, IIED director Andrew Norton said:
Press release, 25 October 2021

“Today, wealthy countries have gone a long way to fulfil their promise of delivering US$100bn in climate finance to the world’s most climate vulnerable countries – finally putting words into action. And while the promised finance hasn't come as soon as it should have, the delivery plan shows wealthy countries will go over $100bn per year to meet the commitment on average.

"Having this assurance documented in an agreed plan is essential for building trust among countries heading into discussions in Glasgow. This will help to get COP26 back on track.

"As well as more finance which this delivery plan enables, climate-vulnerable countries need better access to it. A greater proportion of it must also support countries to adapt to climate change and be made available for local groups and communities to lead that work themselves."


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