Since 2017, they have been granting developing countries almost 200 billion dollars per year, partly going to climate mitigation and adaptation projects. Within the G20 Sustainable Finance Working Group, a work stream has been created to enhance the alignment of this contribution with the goals of the Paris Agreement.
•  Sharing best practices for classifying and monitoring sustainable investments will help to identify how they can effectively catalyse private resources and support  climate finance. Indeed, most investment will necessarily be privately financed, and this will require putting in place adequate institutional and regulatory frameworks, as well as appropriate and predictable carbon prices.