6 Things to Look for on Finance at the Paris Climate Negotiations

This briefing by the World Resources Institute outlines six critical areas of climate finance to monitor during the COP 21 negotiations in Paris. It emphasizes the need for developed countries to meet the $100 billion annual funding goal by 2020, the importance of increasing adaptation funding, and the necessity of transparent reporting and a predictable finance cycle to support developing nations.

• Developed countries committed in 2009 to mobilize $100 billion in annual climate finance by 2020. While some nations, including Canada, Spain, Norway, Australia, and Japan, announced increases on the opening day of the summit, there are ongoing methodological disputes regarding how this finance is counted.
• There is a growing trend of developing countries contributing to climate finance. Examples include South Korea, Mexico, Peru, Colombia, Panama, Chile, Indonesia, and Mongolia contributing to the Green Climate Fund, and China announcing ¥20 billion ($3.1 billion) via its South-South Cooperation Fund.
• Funding for adaptation has historically lagged behind mitigation, receiving at most 25% of mobilized climate finance. To address this, 11 countries pledged $248 million to the Least Developed Countries Fund on November 30, and African nations have called for adaptation finance to double to $32 billion by 2020.
• The current reporting system for finance flows lacks universality and coherence. There is a call for the Paris Agreement to require all countries to report every two years on finance provided or received, as well as domestic efforts to shift funding from high- to low-emissions activities.
• While global total climate finance flows were estimated between $340-650 billion in 2014, the document asserts that trillions of dollars are required to address climate change, necessitating a shift of both public and private finance from high-emissions to low-emissions activities.

APA

World Resources Institute (2015). 6 Things to Look for on Finance at the Paris Climate Negotiations. https://www.wri.org/insights/6-things-look-finance-paris-climate-negotiations

Chicago

World Resources Institute. 6 Things to Look for on Finance at the Paris Climate Negotiations. 2015. https://www.wri.org/insights/6-things-look-finance-paris-climate-negotiations.

Wikipedia

{{cite report |author=World Resources Institute |title=6 Things to Look for on Finance at the Paris Climate Negotiations |date=1 December 2015 |url=https://www.wri.org/insights/6-things-look-finance-paris-climate-negotiations |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitute2015things, author = {{World Resources Institute}}, title = {{6 Things to Look for on Finance at the Paris Climate Negotiations}}, institution = {World Resources Institute}, year = {2015}, month = dec, url = {https://www.wri.org/insights/6-things-look-finance-paris-climate-negotiations}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }