Climate Finance in 2013-14 and the USD 100 billion goal

This report, produced by the OECD in collaboration with the Climate Policy Initiative (CPI), provides a preliminary status check on climate finance mobilised by developed countries for developing countries in 2013 and 2014. It estimates that total climate finance reached USD 61.8 billion in 2014 and USD 52.2 billion in 2013, averaging USD 57.0 billion per year, as part of the progress toward the UNFCCC goal of mobilising USD 100 billion annually by 2020.

• The aggregate volume of public and private climate finance mobilised by developed countries for developing countries was estimated at USD 61.8 billion in 2014 and USD 52.2 billion in 2013, resulting in a two-year annual average of USD 57.0 billion.
• Public finance constituted the majority of the 2013-14 average estimate at USD 40.7 billion (71%), while mobilised private finance accounted for USD 14.7 billion (26%) and export credits contributed USD 1.6 billion (3%).
• Bilateral public climate finance averaged USD 22.8 billion per year in 2013-14, representing a 57% increase compared to the average levels of USD 14.5 billion reported for 2011-12.
• Multilateral climate finance attributable to developed countries averaged USD 17.9 billion per year in 2013-14, with a significant increase in outflows from Multilateral Development Banks (MDBs) contributing to the rise between 2013 and 2014.
• Private finance mobilised by bilateral and multilateral channels attributable to developed countries was estimated at USD 14.7 billion on average per year in 2013-14, increasing from USD 12.7 billion in 2013 to USD 16.7 billion in 2014.
• Climate finance is heavily skewed toward mitigation, which received 77% of the 2013-14 average aggregate, while adaptation received 16% and cross-cutting activities received 7%.
• 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 these credits focused on wind technology and 91% directed toward middle-income countries.
• The report excludes finance for coal-related power generation from its aggregate estimates, though Japan and Australia consider high-efficiency coal plants as climate finance; Japan provided USD 3.2 billion for such projects in 2013-14.
• The estimate for mobilised private finance is considered preliminary and partial because it relies on private co-financing data as the best available evidence, which does not necessarily equate to mobilisation and fails to capture indirect effects of policy or capacity building.
• The Green Climate Fund (GCF) became operational in 2014 and is not included in the 2013-14 figures because it had no committed outflows by the end of that year, despite pledges exceeding USD 10 billion.

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} }