FINANCE
Mobilise finance
To achieve our climate goals, every company, every financial firm, every bank, insurer and investor will need to change. Countries need to manage the increasing impacts of climate change on their citizens’ lives, and they need the funding to do it.
Developing countries in particular need support. Developed countries must deliver on their promise to raise at least $100 billion every year in climate finance to support developing countries. The Organisation for Economic Co-operation and Development (OECD) estimates that $78.9bn of climate finance was mobilised in 2018. The UK is doubling our International Climate Finance commitment to at least £11.6 billion between 2021 and 2025.
