New data show that the member countries of the OECD Development Assistance Committee (DAC) allocated up to USD 22.9 billion, or 15% of total official development assistance (ODA), to climate change mitigation and adaptation in developing countries in 2010.
With the latest round of negotiations on the UN Framework Convention on Climate Change now underway in Durban, South Africa, governments are discussing how to scale up, deliver and better direct international public climate finance.
“Measurement of climate-related development aid by the OECD is an important contribution to the tracking of climate financing”, said OECD Secretary-General Angel Gurría. “We have been tracking aid in support of mitigation since 1998. This is the first time we are also reporting on support for adaptation to have a more complete picture of climate change related aid. Going forward, we urge donors to step up bringing in both mitigation and adaptation considerations into their development policies”.
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