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Mind the gap: An estimate of climate finance needs by developing countries to fund their NDC commitments

Mind the gap: An estimate of climate finance needs by developing countries to fund their NDC commitments

Year Published

2021

Contributing Organisations

Aviva Investors
Climate Capital Partners

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic
Nationally Determined Contributions (NDCs)
Topic 2
Climate Policy & Policy Engagement
Topic 3
National Adaptation Plans (NAPs)

Target Audience

Governments & Policymakers
MDBs/DFIs
Education Providers / Think Tanks / NGOs

Relevant Geography

Global
Mind the gap: An estimate of climate finance needs by developing countries to fund their NDC commitments

Resource Summary

This report provides a comprehensive overview and analysis of the costs of climate change mitigation and adaptation commitments under the Paris Agreement for 126 developing countries which submitted Nationally Determined Contributions (NDCs) as of September 15, 2021. This report provides insights about the gaps and underlying reasons behind them, the challenges facing developing countries in producing adequate estimates of their actual NDC cost and financing needs, and it also provides policy and institutional recommendations to close these gaps.

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