Global think tank ODI together with the Zurich Climate Resilience Alliance has published their annual report on fair shares of climate finance. They found that in 2022, only 12 countries contributed fairly to the US$100 billion goal: Norway, France, Luxembourg, Germany, Sweden, Denmark, Switzerland, Japan, the Netherlands, Austria, Belgium and Finland. Meanwhile, Australia, Spain, Canada and the UK stand out for their relatively poor performance – with the vast majority of the climate finance gap being due to the US not paying its fair share. ODI and the ZCRA recommended a “burden-sharing mechanism” be included in the NCQG to provide clarity and hold countries accountable.
