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REQUEST FOR COUNCIL ACTION
DATE ACTION IS
REQUESTED:
May 18, 2020,
REVIEW:
April 27, 2020,
May 4, 2020,
SUBMITTED BY:TITLE: An Ordinance amending
the 20192020 Biennial BudgetTYPE OF ACTION:ATTACHMENTS:
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What is global climate public finance?
Global climate public finance refers to financial resources provided by governments or public institutions to support climate change mitigation and adaptation efforts, particularly in developing countries.
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Governments and public institutions that provide funding for climate-related projects are typically required to file global climate public finance reports.
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To fill out global climate public finance reports, entities must collect data on financial flows related to climate initiatives, ensuring that all contributions, expenditures, and project outcomes are accurately documented.
What is the purpose of global climate public finance?
The purpose of global climate public finance is to mobilize financial resources to combat climate change, support sustainable development, and enable vulnerable countries to adapt to climate impacts.
What information must be reported on global climate public finance?
Reports on global climate public finance must include information on the amount of funding provided, sources of funding, geographic distribution, sectors supported, and outcomes achieved through financing initiatives.
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