The report "Climate Finance Provided and Mobilised by Developed Countries in 2013-2022" by the OECD provides an analysis of the progress made towards the goal set under the United Nations Framework Convention on Climate Change (UNFCCC) for developed countries to mobilize USD 100 billion annually for climate action in developing countries. The goal, initially set for 2020 and extended to 2025, was reached in 2022, with developed countries providing and mobilizing a total of USD 115.9 billion in climate finance for developing countries. Key findings include: - Public climate finance (bilateral and multilateral) accounted for nearly 80% of the total in 2022, with significant increases in both categories. - Multilateral public climate finance grew the most, driven by multilateral development banks (MDBs), while bilateral public climate finance also saw substantial growth. - Private finance mobilized by public climate finance increased significantly, reaching USD 21.9 billion in 2022. - Adaptation finance provided and mobilized by developed countries increased to USD 32.4 billion in 2022, with a focus on energy and transport sectors. - Loans represented the majority of public climate finance, but grants were prioritized in lower-income countries. - Climate finance grew across all developing country groupings, with distinct patterns in Small Island Developing States (SIDS) and Least Developed Countries (LDCs). The report also highlights the increasing role of multilateral climate finance providers, particularly MDBs, in contributing to the USD 100 billion goal. The analysis is based on a robust accounting framework and official data from bilateral and multilateral providers.The report "Climate Finance Provided and Mobilised by Developed Countries in 2013-2022" by the OECD provides an analysis of the progress made towards the goal set under the United Nations Framework Convention on Climate Change (UNFCCC) for developed countries to mobilize USD 100 billion annually for climate action in developing countries. The goal, initially set for 2020 and extended to 2025, was reached in 2022, with developed countries providing and mobilizing a total of USD 115.9 billion in climate finance for developing countries. Key findings include: - Public climate finance (bilateral and multilateral) accounted for nearly 80% of the total in 2022, with significant increases in both categories. - Multilateral public climate finance grew the most, driven by multilateral development banks (MDBs), while bilateral public climate finance also saw substantial growth. - Private finance mobilized by public climate finance increased significantly, reaching USD 21.9 billion in 2022. - Adaptation finance provided and mobilized by developed countries increased to USD 32.4 billion in 2022, with a focus on energy and transport sectors. - Loans represented the majority of public climate finance, but grants were prioritized in lower-income countries. - Climate finance grew across all developing country groupings, with distinct patterns in Small Island Developing States (SIDS) and Least Developed Countries (LDCs). The report also highlights the increasing role of multilateral climate finance providers, particularly MDBs, in contributing to the USD 100 billion goal. The analysis is based on a robust accounting framework and official data from bilateral and multilateral providers.