Climate-related development finance in 2013-14 OECD Development Co-operation Directorate Paris, November 2015
THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Climate-related development finance DATA CAPTURED IN DAC STATISTICS (2013-14)
bilateral projects from 32 countries
+ 2000
multilateral projects from 17 institutions
+ 40
fields in the database, all publicly available!
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+ 14000
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Gender m
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THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
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Mitigat
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Adapta
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Access project level information: http://oe.cd/RioMarkers
arker
Climate-related development finance MITIGATION & ADAPTATION
Mitigation only 63%
Both Adaptation only 12% 25%
Total climate-related development finance =
75%
Source: OECD DAC. 2013-14 average, USD constant 2013 prices, 2014 data are provisional. THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Access project level information: http://oe.cd/RioMarkers
+
37%
- 12%
Climate-related development finance BY PROVIDER
Bilateral DAC Members Multilateral Dev. Banks
15.2 bn
10.4 bn
18.8 bn
Climate-specific & related funds
2.5 bn
South-South & non-DAC providers
0.7 bn
Private finance mobilised
2.6 bn
Rio marker - Principal Rio marker - Significant MDB Joint Approach Climate components Either Rio marker or MDB Joint Approach
Source: OECD DAC. 2013-14 average, USD constant 2013 prices, 2014 data are provisional. DAC statistics capture data on climate-related development finance, from DAC members, MDBs, international organisations and increasingly from non-DAC providers. Private finance estimates are from OECD DAC Survey on mobilisation. Data recorded in DAC statistics is not equivalent to that reported as climate finance towards the USD 100bn goal, and is not comparable to the recent estimates in the OECD study Climate Finance in 2013-14 and the USD 100 billion goal in collaboration with CPI (see http://www.oecd.org/env/cc/oecd-cpi-climate-finance-report.htm) THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Access project level information: http://oe.cd/RioMarkers
Climate-related development finance BILATERAL ODA from DAC MEMBERS Bilateral climate-related commitments reached USD 25 billion on average per year in 2013-14, representing 18% of total bilateral Official Dev. Assistance (ODA). Share of bilateral ODA
USD billion, constant 2013 prices
30
18 %
Rio marker - Principal 16 %
25
Rio marker - Significant 13 %
20 15 5%
10 4%
4%
5 0 2003-4
2005-6
2007-8
2009-10
2011-12
2013-14
Source: OECD DAC. Two-year averages, 2014 data are provisional. Reporting on the mitigation marker became mandatory in 2007, and the adaptation marker was introduced only in 2010; thus data on earlier years is under-estimated. The Rio makers are descriptive, allowing for an approximate quantification of financial flows. Not all climate-related ODA is reported to the UNFCCC as climate finance: out of total bilateral climate-related ODA in 2013-14 (USD 25.1 billion on average per year), only a share is reported as climate finance (preliminary estimate: USD 19.1 billion on average per year). This reflects how Party reporting to UNFCCC, whilst often based on, is not directly comparable to the DAC climate-related development finance statistics. THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Access project level information: http://oe.cd/RioMarkers
Climate-related development finance BY FINANCIAL INSTRUMENT
Mitigation
Adaptation 90 %
68 %
32 %
Grant Loan
10 %
Equity Concessional
Non concessional
Percentage of total mitigation-related finance
Concessional
Percentage of total adaptation-related finance
Source: OECD DAC. 2013-14 average, USD constant 2013 prices, 2014 data are provisional. THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Non concessional
Access project level information: http://oe.cd/RioMarkers
Climate-related development finance BY INCOME GROUP
Mitigation
Adaptation
80%
61% 39%
20% Least developed Middle & low-income income countries countries
Least developed Middle & low-income income countries countries
By financial instrument
Grant
Concessional loan
Non-concessional loan
Source: OECD DAC. 2013-14 average, USD constant 2013 prices, 2014 data are provisional. THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Access project level information: http://oe.cd/RioMarkers
Equity
Climate-related development finance
Percent of total climate-related development finance
TOP 5 SECTORS
Top 5 sectors account for over 70% of total climate-related development finance.
27 % 19 %
11 %
Energy generation & supply
Transportation & storage
General environmental protection
10 %
Agriculture, rural development, forestry & fishing
8%
Water & sanitation
Source: OECD DAC. 2013-14 average, USD constant 2013 prices, 2014 data are provisional. THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Access project level information: http://oe.cd/RioMarkers
Climate-related development finance CLIMATE OBJECTIVES INTEGRATED INTO KEY SECTORS 3% 56%
24%
6%
Transportation & storage
69%
7%
24%
Energy generation & supply
41%
11%
Agriculture, rural development, forestry & fishing
59%
5%
3% 29%
Identified as climate-related
{
63%
Water & sanitation
Mitigation-related Adaptation-related
Not identified as climate-related
Both mitigation & adaptation
Source: OECD DAC. 2013-14 average, USD constant 2013 prices, 2014 data are provisional. The bar represents total ODA per sector and the climate-related share within that total. THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Access project level information: http://oe.cd/RioMarkers
Climate-related development finance BY REGION
Mitigation
Adaptation
Both mitigation & adaptation
Europe
America
Asia
Africa Oceania
Source: OECD DAC. 2013-14 average, USD constant 2013 prices, 2014 data are provisional. THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Access project level information: http://oe.cd/RioMarkers
Climate-related development finance PRIVATE AMOUNTS MOBILISED Climate-related
Not climate-related
2.6 bn
13.3 bn
Adaptation only, 2 % Mitigation only
Both
62 %
36 %
Shares in investment funds, 12% Guarantees
Syndicated loans
44 %
44 %
Source: OECD DAC Survey on mobilisation. 2013-14 average, USD constant 2013 prices. See oe.cd/DevFinanceMobilisation. These figures are not directly comparable with recent estimates of the OECD report Climate Finance in 2013-14 and the USD 100 billion goal in collaboration with CPI (see http://www.oecd.org/env/cc/oecd-cpi-climate-finance-report.htm). THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT
Access project level information: http://oe.cd/RioMarkers
For more information: oe.cd/RioMarkers oe.cd/climateDACstats www.oecd.org/dac/stats
Contact: dac.contact@oecd.org
November 2015
THE DEVELOPMENT ASSISTANCE COMMITTEE: ENABLING EFFECTIVE DEVELOPMENT