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Going green: Top 10 bilateral climate change donors in 2010-2012

04.01.2012

The world’s major bilateral donors continue to invest in climate change programming, primarily to comply with the U.N. Framework Convention on Climate Change US $30 billion Fast Start Finance mechanism for enhanced action on mitigation, adaptation, REDD+, technology development and transfer and capacity building. The top financier of climate change initiatives for the period from 2010 to 2012 is Japan, which disbursed half of its pledge of $15 billion in 2010, followed by the US ($ 3 361 billion) and the U.K. ($2 357 billion). Climate change is also a central aspect in the development cooperation policy of Norway, France, Germany, Sweden, the Netherlands and the European Union. Notwithstanding its budgetary constraints, Spain is also in this top list as it provides multilateral banks and initiatives with significant monetary contributions.