This is because MDB information also includes climate finance provided and mobilised to some Annex I countries (e.g. “EU11”,8 Russia, Ukraine, Belarus, Turkey). In addition, MDB information focuses on the climate component of a larger project (which means that the total costs of mitigation projects are often counted, whereas only incremental costs are counted for adaptation projects). Further, the MDB data do not quantify how much of the mobilised climate finance should be attributed to developed countries.