Global Landscape of Climate Finance 2021

This comprehensive report offers an overview of global climate-related primary investment, revealing that total climate finance reached USD 632 billion in 2019/2020. Despite a steady increase over the past decade, the growth rate has slowed, a concerning trend given the impending full impact of COVID-19. The report highlights that while climate finance nearly doubled from 2011-2020, current levels are insufficient to meet a 1.5°C global warming scenario, requiring at least USD 4.3 trillion in annual flows by 2030. It notes slower growth in private climate finance compared to public sector contributions, emphasizing the need for scaled-up private investment.