Aggregate Trends of Climate Finance Provided and Mobilised by Developed Countries in 2013-2020 is the OECD’s fifth annual assessment of progress towards the UNFCCC goal. This year’s Report is being released to contribute to the UNFCCC Standing Committee on Finance Report, being prepared for COP27, on progress towards achieving the goal.

This report adds aggregate figures for 2020 to the previously published 2013-19 time series, providing an assessment against the initial target year of the USD 100 billion goal. It also includes an overview of climate finance provided and mobilised by climate theme, sector, financial instrument and regions for 2016-2020.

Key findings:

• USD 83.3 billion was provided and mobilised for climate in 2020, USD 16.7 billion short of the intended USD 100 billion level in the initial target year of the goal;
• Mitigation finance remained the main focus, although adaptation finance continued to grow;
• Loans remained the main instrument used to provide public climate finance;
• Climate finance mainly targeted Asia and middle-income countries.

Access the full series of the reports on the OECD site.