Fast-start 2010-2012
US$ 30 billion/ year
Criteria Balanced funding between adaptation and mitigation
EU member states & EU Commission: EUR 2.2 billion mobilized towards its 2010
New
Countries such as UK & USA counting previous commitments to CIF
Additional
Funds should be additional to development aid
Disbursement through international institutions
- pledges are clear, their delivery is uncertain - CIFs and GEF are the primary multilateral institutions of choice
Most vulnerable developing countries prioritized
Source: WRI
least developed countries, small island developing States and Africa
EU pledges 2010 16.4
Mitigation 48.1
Adaptation REDD+
33.4
http://www.faststartfinance.org/