Developed countries have committed to mobilise USD 100 billion per year of climate finance for developing countries by 2020 “from a wide variety of sources, public and private, bilateral and multilateral, including alternative sources" (UNFCCC, 2010). This finance is intended to support climate change mitigation and adaptation action, as well as readiness activities. Partly as a consequence, the number of climate-dedicated public funds has been increasing rapidly1 and the channels through which climate finance flows are diverse.
This report presents a Climate Fund Inventory (CFI) of bilateral and multilateral public climate funds. The purpose of this CFI is to provide a comprehensive and up-to-date overview of the number of climate funds that are available, together with information on their focus, size and other descriptive information, which may be relevant for countries seeking to access funding to support their climate change activities. The CFI is therefore intended to help to increase transparency and facilitate co- ordination, including for Low-Income Developing Countries (LIDCs). Improving information availability and increasing awareness of the multiple sources and types of funding available can help countries to access this funding more easily (OECD, forthcoming 2015). While several partial inventories already exist (see Annex I), they tend to cover overlapping objectives, actors, activities and financing streams.