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Official Development Assistance

Official Development Assistance

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Uploaded 21 Feb 2012 by GRID-Arendal
Year: 2010 Author: Riccardo Pravettoni, UNEP/GRID-Arendal
Description:
In addition to funds specifically for CDM projects, another source of funds for developing countries facing climate change are those designated as Official Development Assistance (ODA). Between 2000 and 2007, the region of Latin America and the Caribbean received 8.5% of these funds. One category of these resources is directed at providing development assistance that targets the objectives of the three Rio Conventions: the United Nations Convention on Biological Diversity, the United Nations Framework Convention on Climate Change and the United Nations Convention to Combat Desertification – under the rubric of the so-called Rio Markers. Between 2000 and 2007, the region received approximately US$1.4 billion (in current dollars) for sectors aiming to deal with climate change.
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