The calculation of Climate Debt in ClimatePositions is based on a balance between many ‘indicators’ and a common global per capita CO2 target. To illustrate the nature of this balance twelve countries are analyzed in this article in terms of the indicator of GDP(ppp-$) and the global CO2 target. The 12-Countries Group represents 38% of the global population, 65% of the global CO2 Emissions from fossil fuels and around 70% of the global Climate Debt.
‘Climate Funds Update’ is an independent website providing information on climate finance designed for developing countries to address climate change. The data is based on information received from 25 multilateral, bilateral, regional and national climate funds and the funding is largely up to date by the end of June 2015. A total of $17 billion has currently been funded (money deposited), of which 96% is country-sourced¹. The updated table below shows the level of national climate financing to developing countries, as percentage of the accumulated Climate Debt. The values are based on the latest available updates.