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Climate finance totaling $81 billion was mobilized for projects funded by the world’s six largest multilateral development banks (MDBs) in 2015. This included $25 billion of MDBs’ direct climate finance, combined with a further $56 billion from other investors.

Peru has deposited its instrument of ratification of the Paris Agreement with the United Nations on 25 July 2016.

According to the World Meteorological Organisation, global temperatures for the first six months of 2016 shattered yet more records, and mean that the year is on track to be the world’s hottest year on record.

According to the report, between 2000 and 2010 seven million hectares of tropical forests were lost each year, mainly due to conversion of forest land into agricultural land.

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