IDFC Green Finance Mapping Report 2021

In 2020, IDFC members committed $185 billion in green finance, representing 20% of their total new commitments. While total green finance declined by 6% due to the COVID-19 pandemic, cumulative commitments since 2015 surpassed $1 trillion. Climate finance dominated at $178.5 billion, with adaptation finance growing by 42% to $27.5 billion. For the first time, the report separately tracked biodiversity finance, which totaled $14 billion. The majority of climate and biodiversity finance was provided by non-OECD institutions and directed toward the East Asia and Pacific region.

• IDFC members reported total green finance commitments of $185 billion in 2020, a 6% decrease from 2019 attributed primarily to the COVID-19 pandemic.
• Climate finance accounted for 96% of total green finance in 2020, totaling $178.5 billion. Within this, mitigation finance declined by 10% to $146.4 billion, while adaptation finance grew by 42% over 2019 to reach $27.5 billion.
• Biodiversity finance reached $14 billion in 2020, with $5.4 billion dedicated to projects where biodiversity was the sole objective and $8.6 billion in climate finance projects reporting biodiversity co-benefits.
• The East Asia and Pacific region was the primary recipient of both climate and biodiversity finance, receiving 55% of climate commitments ($98.9 billion) and 84% of biodiversity commitments ($11.8 billion) in 2020.
• Non-OECD based institutions provided the majority of both climate and biodiversity finance: $102 billion (57%) of climate finance and $12.6 billion (90%) of biodiversity finance.
• Loans remained the dominant financial instrument for climate finance, accounting for 94% ($168.5 billion) of total commitments, while grants increased by 61% to $6.3 billion.
• Water preservation was the largest sector for biodiversity finance in 2020, receiving 24% ($3.4 billion) of total commitments.

APA

Climate Policy Initiative (2021). IDFC Green Finance Mapping Report 2021. https://www.climatepolicyinitiative.org/wp-content/uploads/2021/11/IDFC-2021-Green-Finance-Mapping-Report.pdf

Chicago

Climate Policy Initiative. IDFC Green Finance Mapping Report 2021. 2021. https://www.climatepolicyinitiative.org/wp-content/uploads/2021/11/IDFC-2021-Green-Finance-Mapping-Report.pdf.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=IDFC Green Finance Mapping Report 2021 |date=November 2021 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2021/11/IDFC-2021-Green-Finance-Mapping-Report.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative2021idfc, author = {{Climate Policy Initiative}}, title = {{IDFC Green Finance Mapping Report 2021}}, institution = {Climate Policy Initiative}, year = {2021}, month = nov, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2021/11/IDFC-2021-Green-Finance-Mapping-Report.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }