Mobilising International Climate Finance: Lessons from the Fast-Start Finance Period
This report reviews the ‘Fast-Start Finance’ (FSF) contributions that 37 countries have reported to the UNFCCC. It draws on detailed case studies of the five largest contributors: Germany, Japan, Norway, the UK and the USA. These five countries delivered almost 80 per cent of reported FSF. They also provide a large share of development finance, including Official Development Assistance (ODA) and Other Official Flows (OOF).
Developed countries committed to provide US$ 30 billion in new and additional climate finance between 2010 and 2012 under the United Nations Framework Convention on Climate Change (UNFCCC).