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Report

2016 Biennial Assessment and Overview of Climate Finance Flows

The “Biennial Assessment and Overview of Climate Finance Flows” from the UNFCCC Standing Committee on Finance, presents a picture of climate finance.

Key points

The 2016 BA first outlines improvements made and identifies areas for further improvements in the UNFCCC reporting guidelines and formats for developed and developing countries and for improvements in climate finance tracking and reporting of data producers and aggregators.

It then presents estimates of flows from developed to developing countries, available information on domestic climate finance and South–South cooperation, as well as the other climate-related flows that constitute global total climate finance flows.

Finally, it considers the implications of these flows, including composition, purpose and emergent trends relevant to the UNFCCC objectives, including the new goals set out in the Paris Agreement.