Germany reached its target of raising six billion euros from its state budget for international climate finance three years ahead of time, said the development ministry (BMZ). Germany’s climate finance in 2022 totalled around 6.4 billion euros, up from 5.3 billion euros in 2021, and thus surpassed the six-billion target set for 2025. State secretary Jochen Flasbarth said he is “confident that we can maintain the level of six billion euros in the years to come.”| Clean Energy Wire
At COP26, Germany, the United Kingdom, the United States, France and the EU announced a new partnership with South Africa aimed at supporting the country’s energy transition.| Federal Ministry for Economic Cooperation and Development
Reportnet 3| reportnet.europa.eu
German climate finance is not to grow in 2022 and 2023 as would be consistent with gradually fulfil the German government’s pledge made the G7 summit in 2021.| The German contribution to International Climate Finance
Developed countries failed to keep their promise to ramp up climate-related financial assistance to $100 billion a year by 2020. OECD now reports that in 2020, a level of $83 billion had been reached.| The German contribution to International Climate Finance