Contribution to the international 100bn USD commitment on climate related expending (source: DG CLIMA, EIONET)

<p>The indicator measures the total amount spent from the annual budget of the EU Member States as well as of the European Commission and the European Investment Bank, in order to contribute to the international 100bn USD commitment for climate finance under the United Nations Framework Convention on Climate Change (UNFCCC). From 2020 onwards the figures refer to commitments made. The 21st UNFCCC Conference of the Parties in Paris urged developed-country Parties again to ‘scale up their level of financial support, with a concrete roadmap to achieve the goal of jointly providing USD 100 billion annually by 2020 for mitigation and adaptation and to further provide appropriate technology and capacity-building support.</p>