Global Landscape of Climate Finance 2014
Summary
In 2013, global climate finance flows totaled USD 331 billion, a decrease of USD 28 billion from 2012. This decline was primarily driven by a USD 31 billion drop in private investment, largely due to falling solar PV costs. Public finance remained stable at USD 137 billion, with Development Finance Institutions (DFIs) acting as the primary public source. Mitigation accounted for 91% of total flows, while adaptation received 7% (USD 25 billion), all of which originated from public sources. The report highlights a significant gap between current flows and the estimated USD 1.1 trillion annual investment needed in the energy sector to limit global temperature rise to 2 degrees Celsius.
Key insights
- Global climate finance flows in 2013 were approximately USD 331 billion, representing a decrease of USD 28 billion compared to 2012 levels.
- Private investment fell by USD 31 billion (14%) from 2012 to 2013, primarily because the falling cost of solar PV meant more capacity was deployed for less investment.
- Public actors contributed USD 137 billion in 2013, with Development Finance Institutions (DFIs) providing the majority of these resources at USD 126 billion.
- The vast majority of climate finance (91% or USD 302 billion) was dedicated to mitigation, with renewable energy generation receiving 71% of total flows.
- Adaptation finance totaled USD 25 billion (7% of total flows) in 2013, all of which originated from public sources; no reliable data for private investment in adaptation was available.
- Climate finance exhibits a strong domestic preference, with 74% of total flows (USD 244 billion) invested in the country of origin; this is even more pronounced for private actors, whose domestic focus was 90%.
- There is a massive gap between current climate finance and the investment required to limit global warming to 2 degrees Celsius, with the IEA estimating an additional USD 1.1 trillion is needed annually in the energy sector alone between 2011 and 2050.
- Commercial rate finance, where investors expect commercial returns, accounted for 74% (USD 245 billion) of total flows in 2013, with balance sheet financing being the most important instrument.
- East Asia and the Pacific (including China) became the largest destination for climate flows in 2013, investing USD 98 billion, surpassing Western Europe.
Cite the original document
- APA
- Buchner, B., Stadelmann, M., Wilkinson, J., Mazza, F., Rosenberg, A., & Abramskiehn, D. (2014). Global Landscape of Climate Finance 2014. Climate Policy Initiative. https://www.climatepolicyinitiative.org/wp-content/uploads/2014/11/The-Global-Landscape-of-Climate-Finance-2014.pdf
- Chicago
- Buchner, Barbara, Martin Stadelmann, Jane Wilkinson, Federico Mazza, Anja Rosenberg, and Dario Abramskiehn. Global Landscape of Climate Finance 2014. Climate Policy Initiative, 2014. https://www.climatepolicyinitiative.org/wp-content/uploads/2014/11/The-Global-Landscape-of-Climate-Finance-2014.pdf.
- Wikipedia
- {{cite report |last1=Buchner |first1=Barbara |last2=Stadelmann |first2=Martin |last3=Wilkinson |first3=Jane |last4=Mazza |first4=Federico |last5=Rosenberg |first5=Anja |last6=Abramskiehn |first6=Dario |title=Global Landscape of Climate Finance 2014 |publisher=Climate Policy Initiative |date=November 2014 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2014/11/The-Global-Landscape-of-Climate-Finance-2014.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{buchner2014global, author = {Buchner, Barbara and Stadelmann, Martin and Wilkinson, Jane and Mazza, Federico and Rosenberg, Anja and Abramskiehn, Dario}, title = {{Global Landscape of Climate Finance 2014}}, institution = {Climate Policy Initiative}, year = {2014}, month = nov, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2014/11/The-Global-Landscape-of-Climate-Finance-2014.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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