In the year 2020–2021, the total climate finance flows amounted to $632 billion. In 2020, the climate finance mobilized by developed countries for global south countries amounted to $83.3 billion. About 273 asset managers are signatories to the net zero asset managers initiatives. Approximately 74 asset owners are signatories to the net zero asset owner alliance. There are 115 commercial bank signatories to net zero banking alliance with 70,000 billion of banking assets. There are twenty insurer signatories to the net zero insurance alliance. In 2021, an amount of $742 billion of financing for fossil fuels were undertaken by the 60 largest global banks. In 2021, $1100 billion of green and sustainable financial products were issued.