Climate Finance in 2013-14 and the USD 100 billion goal
Summary
The report estimates that climate finance mobilised by developed countries for developing countries reached USD 61.8 billion in 2014 and USD 52.2 billion in 2013, with a two-year average of USD 57.0 billion. Public finance remains the dominant source, accounting for 71% of the average total, while mobilised private finance accounts for 26%. The findings highlight a significant increase in bilateral public finance and a substantial rise in outflows from Multilateral Development Banks (MDBs) between 2013 and 2014. The report emphasizes that the majority of finance (77%) targets mitigation, with adaptation receiving 16%. It also details the methodological challenges in tracking private finance and the attribution of multilateral flows to developed countries.
Key insights
- The aggregate volume of public and private climate finance mobilised by developed countries for developing countries was USD 52.2 billion in 2013 and USD 61.8 billion in 2014, resulting in a two-year annual average of USD 57.0 billion.
- Public finance is the primary source of climate funding, representing 71% (USD 40.7 billion) of the 2013-14 average, while mobilised private finance represents 26% (USD 14.7 billion) and export credits represent 3% (USD 1.6 billion).
- Bilateral public climate finance averaged USD 22.8 billion per year in 2013-14, which is a 57% increase compared to the average levels of USD 14.5 billion reported for 2011-12.
- Multilateral climate finance attributed to developed countries averaged USD 17.9 billion per year in 2013-14, with a notable increase in outflows from MDBs from USD 12.9 billion in 2013 to USD 18.0 billion in 2014.
- Climate finance is heavily skewed toward mitigation, which accounts for 77% of the total 2013-14 average, while adaptation accounts for 16% and cross-cutting activities account for 7%.
- Private finance mobilised by developed countries through bilateral and multilateral channels averaged USD 14.7 billion per year in 2013-14, increasing from USD 12.7 billion in 2013 to USD 16.7 billion in 2014.
- Officially-supported export credits to the renewable energy sector in developing countries averaged USD 1.4 billion per year in 2013-14, with 72% of this support focused on wind-technology and 91% directed toward middle-income countries.
- The report excludes finance for coal-related power generation from its aggregate estimates, although Japan provided an additional USD 3.2 billion for high-efficiency coal plants in 2013-14.
- Estimates for mobilised private finance are considered preliminary and partial because they rely on private co-financing data, which does not necessarily equate to mobilisation and fails to capture indirect effects of capacity building and domestic policies.
Cite the original document
- APA
- Climate Policy Initiative (n.d.). Climate Finance in 2013-14 and the USD 100 billion goal. https://www.climatepolicyinitiative.org/wp-content/uploads/2015/10/OECD-2015-Climate-Finance-Report-with-CPI-LR.pdf
- Chicago
- Climate Policy Initiative. Climate Finance in 2013-14 and the USD 100 billion goal. n.d. https://www.climatepolicyinitiative.org/wp-content/uploads/2015/10/OECD-2015-Climate-Finance-Report-with-CPI-LR.pdf.
- Wikipedia
- {{cite report |author=Climate Policy Initiative |title=Climate Finance in 2013-14 and the USD 100 billion goal |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2015/10/OECD-2015-Climate-Finance-Report-with-CPI-LR.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatepolicyinitiativendclimate, author = {{Climate Policy Initiative}}, title = {{Climate Finance in 2013-14 and the USD 100 billion goal}}, institution = {Climate Policy Initiative}, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2015/10/OECD-2015-Climate-Finance-Report-with-CPI-LR.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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