At the first One Planet Summit in 2017, France pledged to reach the target of € 1.5 B per year by 2020. France has even exceeded this target, mobilizing € 5.08 B for climate action in developing countries, including € 1.96 B for adaptation to climate change.

These are the figures from the report on financing mobilized by developed countries for climate action in developing countries between 2016 and 2020, published on September 22, 2022 by the Organisation for Economic Co-operation and Development (OECD), based on the latest available data.

In 2009, developed countries collectively pledged to mobilize $ 100 B a year in climate finance for developing countries from 2020 to meet their urgent mitigation and adaptation needs. At the Summit for a new global financing pact in June 2023, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, announced that this mobilization target for the benefit of the most vulnerable populations, via the reallocation of Special Drawing Rights (international reserve assets distributed on an exceptional basis), had been achieved.