UNFCCC Standing Committee on Finance: 2014 biennial assessment and overview of climate finance flows report

The 2014 biennial assessment and overview of climate finance flows (BA) presents a picture of climate finance to the extent possible. It reviews the operational definitions and reporting systems used by institutions that collect climate finance data. It also discusses the available estimates of global climate finance and flows of climate finance from developed to developing countries. It then attempts to assess these two sets of information, and identifies areas where further work is needed.

The 2014 BA does not make projections of future finance flows and it does not attempt to evaluate the effectiveness of past flows. The 2014 BA comprises a summary and recommendations that has been prepared by the Standing Committee on Finance (SCF) and transmitted to the Conference of the Parties at its twentieth session (COP 20), and a technical report that was prepared by experts under the guidance of the Committee.