“The long-awaited climate finance road map is a step in the right direction towards capturing efforts to scale up much needed financial support for climate action. However, the road map remains blurred when it comes to scaling up adequate support for adaptation and loss and damage or innovative ways to generate additional public finance. Donor countries must use the positive steps made in this road map to keep their eye on the balI. Impacts of recent extreme weather events on vulnerable communities remind us that much more will be needed to ensure adequate support is provided to those who need it the most.”
Notes to editors:
The roadmap is available here.
The OECD analysis of climate finance is available here.
Climate Action Network (CAN) Europe is Europe’s largest coalition working on climate and energy issues. With over 130 member organisations in more than 30 European countries – representing over 44 million citizens – CAN Europe works to prevent dangerous climate change and promote sustainable climate and energy policy in Europe.