22.11.2013 | Minutes and reports | Climate

Background paper on international climate finance

Climate finance played a difficult but vital role at the UN Climate Change Conference in Warsaw in November 2013. Topics up for discussion included scaling up climate finance by 2020 to reach the 100 billion USD promised by industrialised countries in Copenhagen in 2009, to be paid from 2020 onwards. Also being discussed were the provision of funding for adaptation and capitalising the Green Climate Fund. At political level, a high-level ministerial dialogue took place on 20 November 2013 to discuss efforts by industrialised countries.