Climate change is threatening the natural resource base on which our lives depend. Concerted international action is required in order to limit global warming to under 2 °C and implement adequate measures for adapting to the impacts of climate change. But how will such measures be financed? This is a key question in international climate negotiations. In these negotiations, industrialised countries agreed to provide financial support to developing countries for their necessary reform and transformation processes. For example, in the Copenhagen Accord in 2009, industrialised countries committed to jointly mobilise 100 billion US dollars annually by 2020 from various sources of financing (public and private, bilateral and multilateral - including alternative financing sources). The Paris agreement form 2015 extended this pledge to 2025, with a higher target to be set for the post-2025 period.
Germany is reliably fulfilling these commitments. The German Federal Ministry for the Environment (BMUB) and the Federal Ministry for Economic Cooperation and Development (BMZ) are financing numerous international climate activities. Both ministries are closely coordinating their priorities for bilateral and multilateral activities. IKI is BMUB's main instrument for promoting climate change mitigation and adaption measures across the globe.