The indicator covers voluntary financial and technical assistance to developing countries by the developed countries for mitigating climate change (reducing greenhouse gas emissions) and adapting to climate change.

DATA DOWNLOAD
SiStat Database

INDICATOR DESCRIPTION
The indicator covers voluntary financial and technical assistance to developing countries by the developed countries for mitigating climate change (reducing greenhouse gas emissions) and adapting to climate change.

The indicator “Financial and technical assistance to developing countries” is for EU Member States (including Slovenia) defined in Article 16 of Regulation (EU) No 525/2013 of the European Parliament and of the Council of 21 May 2013 on a mechanism for monitoring and reporting greenhouse gas emissions and for reporting other information at national and Union level relevant to climate change and repealing Decision No 280/2004/EC - i.e. Regulation MMR - Mechanism for Monitoring Regulation.

At the Copenhagen climate conference in 2009, developed countries committed themselves to mobilizing total US$ 100 billion annually by 2020 from a wide range of (public and private) sources to assist developing countries in facing the effects of climate change and the transition to a low carbon society. Since then, the official development assistance has been accompanied by climate financing. This commitment is also accepted in the Paris Climate Agreement from 2015. For climate financing, part of the contribution to international organizations and initiatives (e.g. UNFCCC, Montreal Protocol, GEF, IDA) is part of multilateral development assistance under the OECD DAC methodology. In the part of bilateral development aid, climate financing is monitored through the use of climate change markers, which distinguishes between financing climate change mitigation measures and adaptation measures to climate change. One or both types of climate financing can be the main purpose of project support in a developing country partner (marker value is 2), or an important part (marker value is 1). In Slovenia, both types of projects are considered at full value for the calculation of climate financing.

UNIT
Euro

DATA SOURCE
Ministry of the Environment and Spatial Planning (MOP), Ministry of Foreign Affairs (MZZ)
Publishing frequency: annually
Indicative date of publication: no later than September 30
Link to more data: MZZ – reports on official development aid of the Republic of Slovenia

The data enable the display of distributions by: multilateral vs. bilateral, multilateral by international organizations, bilaterally by country, adaptation vs. mitigation

Link to methodological explanations: MZZ – reports on official development aid of the Republic of Slovenia

LAST UPDATE OF THE METADATA
20 December 2023