The USD 100 billion goal and lessons learned for the future of international climate finance

With recent extreme weather events and economies in lockdown due to the global COVID-19 pandemic, the collective goal of mobilising USD 100 billion annually has become ever more important to support urgently needed climate action in developing countries.

In spite of ongoing controversies about the adequacy of financial support from developed countries, long-term climate finance has grown and evolved over the past decade. An undisputed achievement of the goal could help build an important element of trust between developed and developing countries.

It’s necessary to both consider the varying views and expectations regarding the composition of the aggregated volume, but also review the set-up of related processes and platforms under the UNFCCC to generate important lessons-learned for the future of international climate finance. In the year of its milestone, the online seminar takes a closer look at the USD 100 billion goal’s main components, reviews their states of fulfilment and provides a basis for the discussion of climate finance’s way forward – and upward.

Join the Climate Finance Advisory Service on Thursday 26 November 2020 for a webinar on ‘The USD 100 billion goal and lessons learned for the future of international climate finance’.

Event details:

Thursday, 26 November 2020, 1pm GMT

List of speakers:

• Joana Helms, GIZ
Martin Voss, Germanwatch
• Christine Nettersheim, the greenwerk
Michel Köhler, the greenwerk.

Moderation: Raju Pandit Chhetri, Prakriti Resources Centre

You can join the webinar here. The webinar will be in English.

For more information, contact: David Eckstein, Germanwatch

– Image: courtesy John Englart, Flickr

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