This report tracks the funds that flowed through the BFI members of the UNEP Working Group: the Agence Française de Développement (AFD), KfW Entwicklungsbank (Development Bank, Germany), Japan International Cooperation Agency (JICA), Nordic Environment Finance Corporation (NEFCO), and the European Investment Bank (EIB).
As of 2009, the United Nations Environmental Programme (UNEP) Climate Change Working Group for Bilateral Finance Institutions annually and collectively reports climate change financial flows to developing countries.
The report shows that, in 2009, an estimated $29 billion USD in global public climate finance was committed to support developing countries; nearly $13 billion USD of it flowed through the BFI members of the UNEP Working Group. This represents a roughly 25-per-cent increase over BFI climate finance in 2008.
Along with providing a detailed breakdown of BFI financing by region, sectoral distribution, and adaptation vs. mitigation financing, the report makes recommendations on how to improve reporting in the future, further increasing transparency.
Download the report (PDF, 1.4MB)
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