Japan's Fast Start Finance

Summary

In December 2009, Japan announced the Hatoyama Initiative (now commonly referred to as the Fast-Start Financing), which pledged USD$15 billion in public and private financial assistance to help developing countries address climate change. Consisting of USD$11 billion in public finance and USD$4 billion in private finance, this Fast-Start Financing (FSF) replaced the government's previous financing mechanism known as the 'Cool Earth Partnership' (2008 - 2010).
 
Graphs and statistics




 
    Data Clarification

  • Latest confirmation received from Fund Managers: March, 2013.
  • These charts exclude contributions to multilateral funds monitored on CFU, which are included as pledges and deposits to those funds.
  • Japan's Fast Start Finance (FSF) reports total contributions to
    • Clean Investment Funds (CTF, FIP, PPCR, SREP) of US$322.28 million.  CIFs report receipts (pledges & deposits) from Japan of US$1,404 million. 
    • GEF of US$33.8 million.  GEF reports receipts (pledges & deposits) from Japan of US$504 million.
These discrepancies might be due to the inclusion of contributions from the Hatoyama Initiative in CIF & GEF reports, or due to the lack of up-to-date data from Japan.  Financial data reported for Japan FSF is based on Japan's 2010 submissions.
  • Japan's FSF reports total contributions to UN-REDD Programme of US$3.24 million.  UN-REDD Programme reports recipts (pledges & deposits) from Japan of US$3.05 million.  This discrepancy might be due to variations or fluctuations in echange rates.