Climate finance: is it making a difference?

December 2014
Smita Nakhooda
Smita Nakhooda discusses ODI's 2014 report on climate finance, explaining what climate funds are getting right - and how they could have greater impact.
As governments and civil society gathered in Peru for the Lima climate talks in December 2014, ODI released a new global ranking of climate finance.

Achieving a strong climate agreement in 2015 requires a high level of ambition backed by practical policy commitments. Finance has a pivotal role to play in supporting developing countries to reduce emissions, decarbonise their economies, and adapt to the impacts of climate change. Governments across the world’s poorest countries see financial commitments as key to a global deal in 2015 that can deliver meaningful climate action.

Our report, for the first time, analyses a decade of contributions and spending to nine major international and two national funds set-up to tackle climate change.

Find out more about ODI's work around the Lima climate conference.