10 things to know about climate change and financing for development

The Overseas Development Institute (ODI) outlines ten critical considerations for financing development in the context of climate change, emphasizing that climate action can enhance development outcomes. Key points include the potential for $5 trillion in transport spending to improve energy efficiency, the falling costs of clean energy, and the role of forest protection and climate-resilient agriculture in supporting livelihoods and ending hunger. The document also notes that disasters currently cost $100 billion annually, that financial institutions are beginning to manage climate risk, and that increased climate finance should not reduce aid for poor countries.

• Investment in transport, totaling $5 trillion, presents an opportunity to enhance energy efficiency and provide health benefits.
• Climate change impacts are already causing significant financial losses, with annual disaster costs reaching $100 billion, a figure that may increase due to climate change.
• The cost of clean energy is decreasing as developing nations increase their investments.

APA

Climate and Development Knowledge Network (2015). 10 things to know about climate change and financing for development. https://cdkn.org/story/10-things-about-financing-for-development

Chicago

Climate and Development Knowledge Network. 10 things to know about climate change and financing for development. 2015. https://cdkn.org/story/10-things-about-financing-for-development.

Wikipedia

{{cite report |author=Climate and Development Knowledge Network |title=10 things to know about climate change and financing for development |date=13 July 2015 |url=https://cdkn.org/story/10-things-about-financing-for-development |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climateanddevelopmentknowledgenetwork2015things, author = {{Climate and Development Knowledge Network}}, title = {{10 things to know about climate change and financing for development}}, institution = {Climate and Development Knowledge Network}, year = {2015}, month = jul, url = {https://cdkn.org/story/10-things-about-financing-for-development}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }