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Union for the Mediterranean – UfMUnion for the Mediterranean – UfMUnion for the Mediterranean – UfMUnion for the Mediterranean – UfM     Mediterranean Day
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    • Who we are

      The Union for the Mediterranean is an intergovernmental institution bringing together the European Union Member States and 16 countries from the Southern and Eastern shores of the Mediterranean to promote dialogue and cooperation.

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      UfM Annual Report 2021 Regional Integration
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      The UfM seeks to enhance regional cooperation, dialogue and the implementation of concrete projects and initiatives with tangible impact on our citizens to address three strategic objectives: human development, stability and integration.

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    • The UfM Secretariat is the operational platform of the Union for the Mediterranean. The staff of the UfM is made of more than 17 nationalities working in a multicultural environment that fosters cooperation and intercultural communication and exchange.

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      Find our latest press releases, press invitations, visual identity, key institutional documents, photos and other relevant information


      Download the UfM Visual Identity Guidelines and Logos (zip file)   

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    • UfM in the Media

      23 November – mena.org.eg – السفير ناصر كامل لـ(أ ش أ): اختيار عاصمة ثقافية من شمال المتوسط وأخرى من الجنوب
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      24 November – La Presse – 7e Forum Régional de l’Union Pour la Méditerranée : Les capitales culturelles et la jeunesse de la Méditerranée au menu
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      24 November – DW – An Inside Europe special celebrating the Day of the Mediterranean
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Climate Finance

Finance data

Finance tracking

Accessing climate finance

Related publications

Focal point

Media Corner

Large-scale investments are needed to significantly reduce carbon emissions, as well as to adapt cities and societies to the adverse effects of a changing climate. Financing – either public, private or drawn from alternative sources – that seeks to support these mitigation and adaptation actions is known as climate finance.

International climate agreements call for parties with more financial resources to assist those that are less endowed with resources and more vulnerable to the negative effects of climate change.

In the global commitment to fight climate change, the current lack of data regarding international private climate finance is a significant obstacle as it limits the ability of governments to make informed decisions in their attempts to scale up climate projects.

International climate finance commitments to the Southern and Eastern Mediterranean (SEMed) region accounted for

11% of global financial flow in 2019, amounting to 9.12 billion.

Bilateral finance comprised

37% of the overall amount

committed to the SEMed region in 2019. Major bilateral donors include the EU institutions (excluding EIB), France and Germany.

Multilateral climate funds provided the smallest share of
overall climate finance to the SEMed region

with only 2%.

This page aims to facilitate the sharing of climate finance information among decision-makers, including data, climate-related funding opportunities, and climate tracking requirements. In doing so, we hope to enhance the accuracy of the financial commitments as actors can have a better understanding of the financial mechanisms in place in the region as well as a basis for comparison to fund and implement their projects. Stakeholders are therefore encouraged to invest in opportunities and capacitate the development of bankable projects at UfM regional level.

Source: UfM report “Climate Finance flows in the SEMed region in 2018”

Climate finance data - databases and initiatives

Here you can find the main relevant web-pages of partners and institutions that offer updated information on climate finance. This subcategory will be a reference site of consultancy for decision makers, researchers and anyone interested in climate finance data.

Global Innovation Lab for Climate
Finance www.climatefinancelab.org
– –

Identifying, developing, and supporting transformative sustainable finance ideas, to remove specific barriers to attracting investments and to drive billions of dollars of private investment for nations, businesses and investors to move toward a low-carbon, climate resilient economy.
lab.cpi@cpiglobal.org

NDC Partnership
Finance ndcpartnership.org
– –

Provide countries with the tools they need to implement their NDCs and combat climate change. The NDC Partnership works directly with national governments, international institutions, civil society, researchers, and the private sector to fasttrack climate and development action.
amanda.mckee@ndcpartnership.org; supportunit@ndcpartnership.org

International Platform of Sustainable Finance ec.europa.eu/info/businesseconomy-euro/banking-and-finance/ sustainable-finance/internationalplatform-sustainable-finance_en
– –

The ultimate objective of the IPSF is to scale up the mobilization of private capital towards environmentally sustainable investments.

One Planet Summit
www.oneplanetsummit.fr
– –

A platform for commitments to tackle the challenge of climate change. To scale up the ecological transition, the One Planet Summit promotes environmental and climate solutions that go hand in hand with employment, innovation and the creation of economic opportunities. It serves as a platform for the international community and in particular for the 2030 Action Agenda.

Green Growth Knowledge Partnership
(GGKP) and its platform
https://www.greengrowthknowledge.org/
– –

The Green Growth Knowledge Partnership (GGKP) is a global network of experts and organizations dedicated to providing the policy, business, and finance communities with knowledge, guidance, data, and tools to transition to an inclusive green economy.
contact@ggkp.org

Climate finance tracking in the context of Exchange Traded Funds (ETFs)
and Measurement, Reporting and Verification (MRV)

  • Standing Committee on Finance (UNFCCC) unfccc.int/SCF
  • Measurement, Reporting and Verification (UNFCCC) unfccc.int/process-and-meetings/transparency-and-reporting/ support-for-developing-countries/overview 
  • Enhanced Transparency Framework  (UNFCCC) unfccc.int/enhanced-transparency-framework 
  • OECD www.oecd.org/env/cc/tracking-climate-finance.htm
  • GIZ www.giz.de/en/worldwide/57753.html 

Accessing climate finance – funding opportunities

Here you can find more information on climate funding opportunities worldwide, to facilitate the search of organisations, institutions and experts.

  • Global Environment Facility www.thegef.org/about/funding
  • Green Climate Fund www.greenclimate.fund
  • Global Climate Change Alliance + www.gcca.eu
  • Adaptation Fund www.adaptation-fund.org

Related UfM publications

UfM focal point for climate finance

climate@ufmsecretariat.org 

Media Corner

Press contact

+34 935 214 137
+34 691 519 634
media@ufmsecretariat.org

Download the UfM press kit:
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Who we are

  • Member States
  • Meet the team
  • Partners
  • History

What we do

  • Economic Development & Employment
  • Higher Education & Research
  • Social & Civil Affairs
  • Water, Environment and Blue Economy
  • Transport & Urban Development
  • Energy & Climate Action

How we work

  • Political Framework
  • Regional Dialogue Platforms
  • Projects and Initiatives

Work with us

  • Vacancies
  • Secondments
  • Internships
  • Procurement
  • Roster of experts

Info centre

  • Media corner
  • News
  • Agenda
  • Publications and key documents
  • Human Stories of the Mediterranean
  • Photo gallery
  • Video gallery
Co-financé par l'Union européenne  -  Cookie Privacy  |  Privacy Privacy  |  Legal notice
  • Who we are
    • Member States
    • Meet the team
    • Partners
    • History
  • What we do
    • Economic Development and Employment
    • Higher Education & Research
    • Social & Civil Affairs
    • Water, Environment and Blue Economy
    • Transport & Urban Development
    • Energy & Climate Action
  • How we work
    • Political Framework
    • Regional Dialogue Platforms
    • Projects and Initiatives
  • Work with us
    • Vacancies
    • Secondments
    • Internships
    • Procurement
    • Roster of experts
  • Info centre
    • Media center
    • News
    • Agenda
    • Publications and key documents
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