In addition, “the cumulative gap between the level of finance needed and finance actually delivered is growing” (Buchner and others, 2014, p. 5). The present study is not intended to provide a comprehensive overview, but instead report on key figures to provide a broad view of the current situation. Despite still lagging far below the levels needed to limit warming to two degrees Celsius,5 climate finance flows have increased when compared to the 2013 level of $331 billion. In 2013, climate finance flows were directed almost equally to developed (OECD) and developing (non-OECD) countries, with each group receiving $164 billion and $165 billion, respectively (Buchner and others, 2014). North-South flows accounted for $34 billion in 2012 (Buchner and others, 2014). Developing countries invested $2 billion in developed countries and $10 billion in South-South cooperation (Buchner and others, 2014).