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Private finance flow is much bigger now than they used to be in the '50s, '60s, '70s.
While some might be ready to write off aid as a relic of the past, and look to other sources of revenue, for 47 countries aid remains the largest development finance flow.
Rachel Kyte, a World Bank vice president and green bonds enthusiast, says "green bonds have opened a new finance flow that will be essential to confronting climate change". The World Bank has issued more than $7 billion in green bonds in 17 currencies since 2008.
The FCPF has already provided US$3.4 million for the implementation of a 4-year REDD-Readiness Preparation Proposal (R-PP), and is outlined in this finance flow analysis by Ecosystem Marketplace publisher Forest Trends.
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"These finance flows will not be enough in themselves to produce a 2C economy," he said.
The OECD's findings represent a marked increase on previous estimates of climate finance flows.
In 2013, $193bn out of a total $331bn (pdf) of climate finance flows came from private financiers, Yudhoyono said.
This raises a question of how serious we are on the existence and use of climate finance flows.
"We expect overall financing flows to moderate in coming quarters".
Abundant financing flowed to a fragile organization without the infrastructure to handle it.
Important questions, including whether outside financing flows to the insurgents in this area, remain unanswered.
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