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Raising ambition and accelerating delivery of climate finance report
November 26 , 2024
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- It aims to provide “an independent perspective on the climate finance agenda”.
- It projected investment requirement for climate action is around $6.3–6.7 trillion per year by 2030.
- Of the around US $ 2.4 trillion required for climate action in ’emerging market and developing countries’ or EMDCs other than China.
- Domestic resources currently account for around 70% of climate finance.
- External finance from all sources will need to cover $1 trillion per year of the total investment need by 2030 and around $1.3 trillion by 2035.
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