Climate change is one of the century's greatest challenges, and will be a priority
of our diplomacy and development work for years to come. U.S. Government funding
to combat global climate change will help the most vulnerable countries respond
to the growing impacts of climate change, hasten the world's transition to a low-carbon
economy, and help forge a global solution to the climate crisis.
The Obama Administration has worked to scale up international climate finance through appropriated resources and export and development finance. To fulfill international commitments, the U.S. is working together with other developed countries to provide “fast start” climate finance approaching $30 billion during the period 2010-2012 to help meet the adaptation and mitigation needs of developing countries.
The U.S. Government’s “fast start” finance in Fiscal Year (FY) 2011 totaled $3.1 billion, consisting of $1.8 billion of congressionally appropriated assistance and $1.3 billion from development finance and export credit. Within that total, core funding to the Global Climate Change Initiative (GCCI) through USAID, the Department of the Treasury, and the Department of State increased from $316 million in FY 2009 to approximately 820 million in FY 2011. To date, the U.S. contribution to “fast start” financing from all sources totals $5.1 billion, including a contribution of $2.0 billion from FY 2010. Ultimately, the total U.S. contribution to fast start financing will also include funding from FY 2012. The total “fast start” contribution for FY2012 is still being calculated, and will likely be available in late 2012. The FY 2013 request to Congress for core GCCI funding is for $769 million; this is augmented by additional support through other appropriated funds with climate benefits as well as development finance and export credit
U.S. Government funding harnesses the comparative advantages of bilateral and multilateral assistance. USAID and the Department of State funding will be aimed directly at key U.S. priorities and will put a U.S. face on strategic partnerships, while multilateral funding will leverage additional donor contributions and enable cooperation among a larger number of countries.
Through the GCCI, the U.S. is working with partner countries to increase resilience to climate change related disasters and damage, accelerate the transition to global sustainable, low carbon economy, and help save forests from destruction through targeted and strategic assistance.
The GCCI is funded through three pillars:
Please Note: The numbers below do not cover all of
the U.S. Government's international climate change financing, but only the Department
of State and USAID core climate assistance. Additional components of the U.S. Government's
climate change financing will be added as the site is updated.
- Adaptation: Helping vulnerable
countries and communities adapt and build resilience to the impacts of climate change,
particularly the least developed, glacier dependent, and small island nations that will be the most
- Clean Energy: Hastening the
world's transition to a low-carbon economy through the development and dissemination
of clean energy and efficient technologies; and,
- Sustainable Landscapes: Increasing
the sequestration of carbon stored in trees, plants, and soils, and helping countries
to slow, halt, and reverse deforestation.
For additional details please see the USAID site
and the Department of State site
the full GCC dataset, click here.
Foreign Assistance Levels by Fiscal Year
Global Climate Change