Our preliminary estimates for global climate finance flows in 2017 range from approximately $510 billion to $530 billion based on early data showing steady renewable energy investment, rising electric vehicle investment, and rising investment from development banks. There is also evidence this overall increase will continue.
Taking into account annual fluctuations, the average flows across 2015/2016, $463 billion, were 27% higher than during 2013/2014. The subsequent decrease in 2016 was due to a combination of falling technology costs and lower deployment in some countries. Global investment to address climate change has been steadily increasing. All dollar amounts are in nominal USD billion unless otherwise stated. This site features climate-relevant investment figures from CPI’s report, Global Climate Finance: An Updated View 2018.
We are committed to improving the understanding of climate finance flows at the global, national, and local levels. Climate Policy Initiative (CPI) produces the most comprehensive inventory of climate change investment available.