Policy and Regulation

OECD: $100bn a year climate finance target likely met

High-rise building in city
The OECD’s research shows that between 2016 and 2021 only 25% of the climate finance provided or mobilised by developed countries was used in developing countries for adaptive measures (Photo: Laura Tancredi/Pexels)

The OECD has published its Climate Finance Package 2023, which predicts that developed countries probably reached their goal to provide $100bn a year in climate finance as early as 2022

The OECD says that developed countries have finally reached their annual target of providing $100bn a year in ...

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