CLIMATE FINANCE IN THE PACIFIC: AN OVERVIEW OF FLOWS TO THE REGION
Summary
Between 2010 and 2014, the Cook Islands received US$31.4 million in grant-equivalent finance primarily targeting climate change, with 68% allocated to mitigation and 32% to adaptation. New Zealand, the Adaptation Fund, and the Global Environment Facility (GEF) were the largest sources of finance, focusing on solar energy, disaster prevention, and biodiversity respectively. Additionally, between January 2015 and September 2016, the Cook Islands were allocated US$4.3 million from multilateral funds, including US$4.13 million from the GEF for renewable energy.
Key insights
- From 2010 to 2014, the Cook Islands were allocated US$31.4 million in grant or grant-equivalent finance for primary climate change objectives, while another US$30 million in ODA provided co-benefits for climate change.
- Of the US$31.4 million specifically targeting climate change between 2010 and 2014, approximately 68% (US$21.4 million) supported mitigation, 32% (US$9.9 million) supported adaptation, and 0.1% (US$0.03 million) targeted both.
- The primary sources of climate finance for the Cook Islands were New Zealand, the Adaptation Fund, and the Global Environment Facility (GEF), with funding focused on solar energy, disaster prevention and preparedness, and biodiversity activities respectively.
- Between January 2015 and September 2016, the Cook Islands received US$4.3 million from multilateral climate funds, consisting of US$4.13 million from the GEF for a renewable energy project and US$150,000 from the Green Climate Fund for readiness programme support.
Cite the original document
- APA
- Stockholm Environment Institute (2017). CLIMATE FINANCE IN THE PACIFIC: AN OVERVIEW OF FLOWS TO THE REGION. https://www.sei.org/mediamanager/documents/Publications/Climate/SEI-WP-2017-04/SEI-WP-2017-04-Cook-Islands-data.pdf
- Chicago
- Stockholm Environment Institute. CLIMATE FINANCE IN THE PACIFIC: AN OVERVIEW OF FLOWS TO THE REGION. 2017. https://www.sei.org/mediamanager/documents/Publications/Climate/SEI-WP-2017-04/SEI-WP-2017-04-Cook-Islands-data.pdf.
- Wikipedia
- {{cite report |author=Stockholm Environment Institute |title=CLIMATE FINANCE IN THE PACIFIC: AN OVERVIEW OF FLOWS TO THE REGION |date=2017 |url=https://www.sei.org/mediamanager/documents/Publications/Climate/SEI-WP-2017-04/SEI-WP-2017-04-Cook-Islands-data.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{stockholmenvironmentinstitute2017climate, author = {{Stockholm Environment Institute}}, title = {{CLIMATE FINANCE IN THE PACIFIC: AN OVERVIEW OF FLOWS TO THE REGION}}, institution = {Stockholm Environment Institute}, year = {2017}, url = {https://www.sei.org/mediamanager/documents/Publications/Climate/SEI-WP-2017-04/SEI-WP-2017-04-Cook-Islands-data.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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