Mapped: Where multilateral climate funds spend their money

In 2009, countries meeting in Copenhagen for the 15th UN climate conference set a new monetary goalThey agreed that, by 2020, developed countries should be jointly "mobilising" $100bn a year to help developing countries tackle climate change. Multilateral climate funds, such as the Green Climate Fund (GCF), are one of several ways this finance is distributed. They distribute public money as both loans and grants, thus are often viewed as particularly important institutions for the $100bn goal. Here, for the first time, Carbon Brief has mapped more than 1,000 projects being funded by the four main multilateral climate funds. (See below for details on what is and is not included.)

Source: https://www.carbonbrief.org/mapped-where-multilateral-climate-funds-spend-their-money



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