Source · Select Committees · International Development Committee
Recommendation 53
53
In their paper on climate finance, Roberts et al stated that the “US$100 billion per...
Conclusion
In their paper on climate finance, Roberts et al stated that the “US$100 billion per year climate finance promise had deep flaws, making it impossible to now assess whether it has been met.”113 Although the pledge of US$100 billion per year stated that funding would be derived from bilateral, multilateral and alternative sources which could be public or private, it failed to mention clearly what should be counted as climate finance within those categories.114 As a result, high-income countries have been able to decide themselves what they report as climate finance, making comparison and analysis challenging.115