Developed countries remain steadfast in our continued commitment to meet the annual US$100 billion goal
as soon as possible and through 2025. In this regard, developed countries, co-led by Canada’s Minister of
Environment and Climate Change, Jonathan Wilkinson, and Germany’s State Secretary at the Ministry for
Environment, Nature Conservation and Nuclear Safety, Jochen Flasbarth, have prepared a forward looking
Delivery Plan on the US$100 billion goal through to 2025. Based on the analysis from the Organisation for
Economic Co-operation and Development (OECD) of recent climate finance pledges and historical levels
of climate finance, the outlook to 2025 shows a positive trend with developed countries making significant
progress towards the US$100 billion goal in 2022 and provides confidence that it would be met in 2023.
The data also provides confidence that developed countries will likely be able to mobilize more than
US$100 billion per year thereafter. To reach the goal effectively, guiding principles for collective actions by
developed countries are outlined in this plan.
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- Germany