Global Landscape of Climate Finance 2015

Global climate finance reached at least USD 391 billion in 2014, driven by a 26% increase in private investment in renewable energy and a steady rise in public finance. Private finance, totaling USD 243 billion, remains the largest source, with China emerging as a major hub for renewable energy investment. Public finance reached USD 148 billion, with Development Finance Institutions (DFIs) contributing the bulk of these funds. The report highlights a strong domestic preference, with 74% of total flows remaining within the country of origin. Mitigation projects dominated the landscape, accounting for 93% of total finance, while adaptation finance reached USD 25 billion.

• Global climate finance flows increased by 18% in 2014, rising from USD 331 billion to an estimated USD 391 billion.
• Private investment was the primary driver of climate finance in 2014, totaling USD 243 billion and representing 62% of the global total. This was largely fueled by a 26% growth in renewable energy investments, with China accounting for 34% of all private finance in 2014.
• Public climate finance reached at least USD 148 billion in 2014, an 8% increase from 2013. Development Finance Institutions (DFIs) were the dominant public actors, with commitments reaching USD 131 billion, of which national DFIs contributed USD 66 billion.
• Climate finance is heavily skewed toward mitigation, which accounted for 93% of total flows (USD 361 billion), with 81% of that amount directed toward renewable energy. Adaptation finance was significantly lower, reaching USD 25 billion, or 17% of all public climate finance.
• There is a strong domestic preference for climate investment; approximately 74% of total climate finance flows and up to 92% of private investments were raised and spent within the same country.
• East Asia and the Pacific was the largest destination for climate finance, receiving 31% of total flows (USD 119 billion), with China alone accounting for 22% (USD 84 billion). Western Europe followed as the second largest destination at 24% (USD 93 billion).
• Private actors rely heavily on balance sheet financing, which accounted for USD 175 billion or 72% of total private investment in 2014. In contrast, public actors primarily used low-cost loans (47% of total public finance) and grants (10%).

APA

Buchner, B. K., Trabacchi, C., Mazza, F., Abramskiehn, D., & Wang, D. (2015). Global Landscape of Climate Finance 2015. Climate Policy Initiative. https://climatepolicyinitiative.org/wp-content/uploads/2015/11/Global-Landscape-of-Climate-Finance-2015.pdf

Chicago

Buchner, Barbara K., Chiara Trabacchi, Federico Mazza, Dario Abramskiehn, and David Wang. Global Landscape of Climate Finance 2015. Climate Policy Initiative, 2015. https://climatepolicyinitiative.org/wp-content/uploads/2015/11/Global-Landscape-of-Climate-Finance-2015.pdf.

Wikipedia

{{cite report |last1=Buchner |first1=Barbara K. |last2=Trabacchi |first2=Chiara |last3=Mazza |first3=Federico |last4=Abramskiehn |first4=Dario |last5=Wang |first5=David |title=Global Landscape of Climate Finance 2015 |publisher=Climate Policy Initiative |date=November 2015 |url=https://climatepolicyinitiative.org/wp-content/uploads/2015/11/Global-Landscape-of-Climate-Finance-2015.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{buchner2015global, author = {Buchner, Barbara K. and Trabacchi, Chiara and Mazza, Federico and Abramskiehn, Dario and Wang, David}, title = {{Global Landscape of Climate Finance 2015}}, institution = {Climate Policy Initiative}, year = {2015}, month = nov, url = {https://climatepolicyinitiative.org/wp-content/uploads/2015/11/Global-Landscape-of-Climate-Finance-2015.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }