Update 2016: Climate financing as share of Climate Debt, by country

Update 2016: Climate financing as share of Climate Debt, by country

[Modified version posted 17 June 2016] ‘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 May 2016. A total of $21 billion has currently been funded (money deposited), of which around 95% is country-sourced. The global climate finance has increased by approximately 24% since October 2015 (in seven months). The table below shows the Climate Debt per capita in ClimatePositions, the per capita climate financing (funding) to developing countries and the climate financing as share of the Climate Debt.

The table includes 35 countries with both climate financing and Climate Debt in ClimatePositions (only countries with full data in ClimatePositions are included).

Note that the following 50 countries with Climate Debt has zero climate financing (alphabetically): Albania, Algeria, Angola, Armenia, Bahrain, Belarus, Bolivia, Bosnia and Herzeg., Botswana, Bulgaria, Chile, Croatia, Dominican Republic, Ecuador, Egypt, Honduras, Indonesia, Iran, Iraq, Israel, Jamaica, Jordan, Kazakhstan, Kuwait, Lebanon, Libya, Macedonia, Malaysia, Mauritius, Mongolia, Morocco, Namibia, Oman, Peru, Poland, Qatar, Romania, Saudi Arabia, Serbia, Slovakia, Thailand, Trinidad and T., Tunisia, Turkmenistan, Ukraine, United Arab Emirates, Uruguay, Uzbekistan, Venezuela and Vietnam.

The table below is read like this: 1) The Swedish Climate Debt accumulated since 2000 is $1,231 per capita, 2) The climate finance is $105 per capita, and 3) The climate financing amounts to 8.52% of the Climate Debt (Sweden ranks 1st among the 85 countries with Climate Debt). Note that the climate financing (funding) has already been subtracted¹ to reach the Climate Debt.


. . Climate Debt Climate financing Share of
. . per capita per capita Climate Debt
. . . . .
1. Sweden $1,231 $105 8.52%
2. United Kingdom $1,084 $79 7.26%
3. Norway $5,205 $368 7.07%
4. Denmark $788 $35 4.50%
5. Switzerland $653 $27 4.17%
6. Germany $1,540 $39 2.55%
7. Finland $3,078 $36 1.17%
8. Belgium $2,405 $23 0.95%
9. France $1,116 $10 0.85%
10. Japan $2,083 $16 0.75%
11. Netherlands $2,762 $18 0.66%
12. Spain $1,400 $7 0.50%
13. Ireland $2,704 $13 0.48%
14. Canada $5,109 $21 0.40%
15. Austria $2,317 $7 0.29%
16. Australia $5,613 $14 0.26%
17. Italy $1,144 $3 0.24%
18. New Zealand $1,609 $3 0.19%
19. Slovenia $1,469 $2 0.17%
20. United States $6,500 $9 0.14%
21. Panama $207 $0 0.13%
22. Estonia $1,695 $2 0.09%
23. India $12 $0 0.06%
24. Portugal $979 $1 0.06%
25. Czech Republic $1,548 $1 0.06%
26. Cyprus $1,648 $1 0.05%
27. Mexico $314 $0 0.05%
28. Hungary $295 $0 0.03%
29. Brazil $136 $0 0.02%
30. Greece $1,508 $0 0.02%
31. South Africa $720 $0 0.01%
32. Turkey $433 $0 0.01%
33. South Korea $4,416 $0 0.01%
34. China $548 $0 0.00%
35. Russia $1,549 $0 0.00%

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¹The accumulated Climate Debt added to the accumulated climate financing gives the total Climate Change Levy (or Climate Levy), which was previously called Climate Change Contribution (or Climate Contribution) in ClimatePositions.

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Source on climate change financing is from ‘Climate Funds Update’ (The Data / Contributions to the funds / Multilateral by country / Money deposited).
Read also the article: ‘Update: Climate funding as share of Climate Debt, by country‘ (November 2015).
Drawing by Claus Andersen, 2016.

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