A report by National Audit Office of Finland: Recovery funds for climate action – does the funding actually help achieve climate objectives?

Governments around the world have spent huge sums on economic recovery following the pandemic. Many stimulus packages also aim to support climate action. But how can we make sure that the climate really benefits? Climate finance tracking methods provide one way of assessing and monitoring the allocation and impacts of funding. They can also support decision-making and improve the effectiveness of climate policy. A report commissioned by the National Audit Office of Finland contains recommendations for developing the tracking methods.

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