To ensure an equitable global climate transition, developed countries need to deliver on their goal of mobilizing $100bn in climate finance for emerging markets and developing economies. In addition to increasing mitigation finance, this includes doubling adaptation finance and operationalization of arrangements for responding to loss and damage.
Explore ThemeCompass Themes
These themes are used to organize and promote consistency across the individual reform topics included in the Compass. They align with the principles laid out in the COP28 UAE leaders’ declaration on a Global Climate Finance Framework.
Commitments and Ambitions (4)
Fiscal Space (3)
Concessional Finance (2)
Just Transition (2)
Country-led Initiatives (2)
Domestic Mobilization (3)
Private Finance (8)
Carbon Markets (2)
MDB Reform (6)
New NDCs
No Progress
Loss & Damage
No Progress
Vertical Climate and Environmental Funds (VCEFs)
Moderate Progress
New Collective Quantified Goal (NCQG)
Moderate Progress