Access to climate finance
Public climate finance funds are channeled through different institutions, mostly bilateral and multilateral financial institutions or national government aid agencies. Public and private intermediaries are key players in channeling and raising climate finance.
There is a wide range of mechanisms to access international climate finance. An overview of the global architecture of public climate financing mechanisms is available in the 2019 report of the Climate Funds Update.
Canada works closely with its delivery partners to implement the its climate finance commitment. The illustration below shows how Canadian international climate finance reaches developing countries.
|Source of funds||Institutions and partners||Delivery instruments|
|Canadian Government - $2.65 Billion||
Multilateral Climate Funds
Multilateral Development Banks
|Grants, concessional loans and other instruments|
|Export Development Canada + FinDiv||Additional climate-relevant public financing||Loans at market rates and other instruments|
|Private investors||Private investments mobilized following federal climate finance||Private and public/private investments|
For more information on how to access climate finance, please visit Canada’s climate finance for developing countries.
To access multilateral funding, please refer to delivery’s partners’ guidelines and procedures for funding opportunities, including:
Main multilateral climate funds
Multilateral development banks (and their Canadian facilities where existing)
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