The brief indicates that, in 2008-2009, members of the OECD's DAC provided on average US$9.3 billion per year in bilateral official development assistance (ODA) to help developing countries reduce emissions, enhance greenhouse gas sinks or integrate climate change concerns in their development objectives.
March 2011: The Organisation of Economic Co-operation and Development (OECD) has prepared a brief titled “Tracking Aid in Support of Climate Change Mitigation and Adaptation in Developing Countries.”
The OECD’s Development Assistance Committee (DAC) helps to monitor the implementation of the commitments under the UNFCCC, including those reached at COP 15 in Copenhagen in 2009, through which developed countries agreed to provide “new and additional resources” for adaptation and mitigation “approaching US$30 billion for the period 2010-12,” and to reach “a goal of mobilising jointly US$100 billion dollars a year by 2020 to address the needs of developing countries” through a “wide variety of sources, public and private, bilateral and multilateral, including alternative sources of finance.”
This brief indicates that, in 2008-2009, members of the OECD’s DAC provided on average US$9.3 billion per year in bilateral official development assistance (ODA) to help developing countries reduce emissions, enhance greenhouse gas sinks or integrate climate change concerns in their development objectives. The overview indicates that this represented 7.1% of their total bilateral ODA commitments during this period. It also notes that, in addition to undertaking bilateral aid activities, DAC members also contribute to multilateral agencies active in the field of climate, although it is necessary to estimate the share of these contributions that can be counted as addressing climate change concerns and the DAC Secretariat is still working with the World Bank and other multilateral agencies on climate change markers.
The “Rio marker” on climate change mitigation was established by the DAC in collaboration with the UNFCCC Secretariat to track aid flows in support of developing countries’ efforts to implement the Convention. In December 2009, DAC members approved a new marker for aid in support of climate change adaptation, and first data on this new marker will become available on 2010 aid flows. [Publication: Tracking Aid in Support of Climate Change Mitigation and Adaptation in Developing Countries] [OECD webpage on Rio Markers]