
A mid-term review (MTR) was undertaken and has completed in March 2021 to assess progress towards achievement of PEA objectives and outcomes of which the full report and joint management response to evaluation findings are publicly available at Evaluation Detail (undp.org)

In 2020, total expenditure incurred under all of the above-mentioned funding sources amounted to nearly $7 million. Expenditure against donor funds amounted to nearly $2.5 million (outstanding commitments as of 31 December 2020 — i.e. payments due and committed in Atlas but not yet paid out — of $353,197 are excluded from this donor expenditure figure). Expenditure against agency contributions amounted to nearly $3.5 million in 2020. This comprises $2.1 million from UNDP contributed in the form of in-kind resources for staffing and UNDP core funding, and nearly $1.4 million from UNEP contributed as in-kind resources for staffing and operational support. Under country-level co-financing, expenditures of nearly $675,000 were incurred against local donor and partner contributions, and of about $343,000 against government contributions.

This report provides key insights on global climate action and allows for a more comprehensive analysis of the challenges and opportunities for policymakers as they implement different policy choices in the climate change sphere.

This WRI report assesses the gap in climate action by highlighting where recent progress must accelerate over the next decade across power, buildings, industry, transport, forests and land, food and agriculture, technological carbon removal and finance.

Reflecting on the past 10 years of tracking global climate finance flows, the report presents key observations on climate finance and concludes with key actions to rapidly scale climate finance to the trillions.