A fair share of climate finance? The adaptation edition

In 2009, developed countries committed to providing $100 billion each year in climate finance by 2020. Despite an urgent need to ramp up financial support for developing countries, the target has yet to be hit. Responsibility for this failure lies on developed nations. But the collective nature of international climate commitments often shields countries with an acute responsibility for missing them. In a bid to strengthen accountability, ODI publishes an annual report assessing each developed country’s progress towards paying their ‘fair share’ of the $100 billion target. This is based on their historical responsibility for cumulative greenhouse gas emissions, gross national income, and population size. In this third edition, we use the latest 2021 data on international public climate finance flows to evaluate each country’s progress. →