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Climate Fund Watch

Sourced ledger - Independent compilation of public documents. Not an official government or funder portal. Last reviewed 2026-09-16.

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Channels of climate money - and what each number actually measures

Public climate-finance figures for Mauritius come from different systems. This page lists those channels without adding them into a single total.

Need versus spend versus support received

The NDC, the World Bank CCDR, the national budget tag, and the ministry's FMCP table answer different questions. Mixing them produces a number no source published.

NDC implementation need (to 2030)

USD 6.5 billion

Mauritius's own estimate of financial needs to implement the updated 2021 NDC - not money already received.

USD 4.5 billion adaptation and USD 2.0 billion mitigation. Unconditional USD 2.3 billion (35%, government and private sector); conditional USD 4.2 billion (65%, international sources).

Updated NDC of the Republic of Mauritius

CCDR additional investment (25 years, NPV)

USD 5.6 billion

World Bank modelled investment need - a different question from the NDC USD 6.5 billion to 2030. Do not add the two figures.

World Bank Country Climate and Development Report: additional investment over the next 25 years in net present value terms, with an estimated annual gap of USD 213 million. About USD 1.4 billion is required through 2030.

The Republic of Mauritius: Country Climate and Development Report

Climate-tagged budget (FY 2025/26)

Rs 6.7 billion

Government climate-budget tagging of selected votes for one fiscal year - not international climate finance received, and not comparable to the UNDRR DRR/CCA tagging exercise.

Adaptation Rs 5.589 billion, mitigation Rs 1.012 billion, mixed Rs 0.100 billion across six ministries and two special funds (Climate and Sustainability Fund and Projects Development Fund). About 2.9% of appropriated expenditure including those funds. CSF itself is tagged at Rs 3.473 billion.

Estimates 2025-26, Appendix H - climate expenditure tagging

International support listed (from 2017)

USD 118.05 million

A ministry-compiled list of approved international support, not a complete national climate-finance account.

Ministry of Environment FMCP presentation: grants and loans from named agencies from 2017 onwards (GCF 38.51, GEF 37.35, Adaptation Fund 4.44, AFD 9.20, EU 13.15, GCCA+ 2.26, Abu Dhabi Fund 10.00 loan, AfDB 2.44 loan, and smaller lines). The same slide states "8.4% of the requirement has been mobilized." USD 118.05 million is about 1.8% of the NDC USD 6.5 billion - the 8.4% line is not explained by that total.

Mauritius FMCP-3 presentation - financial support needed and received

International support listed by the ministry (from 2017)

Copied from the Ministry of Environment FMCP-3 presentation. The slide total is USD 118.05 million. The same slide says 8.4% of the NDC requirement has been mobilized; 118.05 / 6,500 is about 1.8%. We do not choose between those two statements.

AgencyUSD millionInstrument
Green Climate Fund38.51Grant / unspecified
Global Environment Facility37.35Grant / unspecified
UNEP CCC - Danish Government0.13Grant / unspecified
Adaptation Fund4.44Grant / unspecified
Agence Française de Développement9.20Grant / unspecified
UNDP Climate Promise0.27Grant / unspecified
European Union13.15Grant / unspecified
GCCA+ and European Union2.26Grant / unspecified
United Kingdom0.25Grant / unspecified
SADC0.05Grant / unspecified
Abu Dhabi Fund10.00Loan
African Development Bank2.44Loan
Total as listed118.05Grant and loan

Source: Mauritius FMCP-3 presentation. Agency lines are not always the same as a single project in the registry (for example GCF 38.51 vs FP033 grant 28.21).

Domestic instruments

Corporate Climate Responsibility levy

A 2% levy on chargeable income for companies with turnover above Rs 50 million, effective from the year of assessment commencing 1 July 2024. Proceeds are intended for the Climate and Sustainability Fund.

Budget 2024-2025: Pursuing the Climate Agenda

Climate and Sustainability Fund earmark (FY 2024/25)

The 2024-25 Budget Speech earmarked Rs 3.2 billion under the Climate and Sustainability Fund for projects to address climate change, and stated that adaptation and mitigation would require some Rs 300 billion.

Budget 2024-2025: Pursuing the Climate Agenda

Private lending (not public expenditure)

Tracking and integrity - published findings

These are survey and research claims, cited as such. They are not legal findings.

Transparency Mauritius survey (2025)

An online survey of 25 public, finance, academic and NGO climate actors (15 June-10 September 2025) found that 84% identified corruption as the main threat to climate-finance delivery. Transparency Mauritius reported that none of the respondents listed transparency, accountability, disclosure or anti-corruption among the essential elements of climate finance.

Transparency Mauritius critique une gouvernance en manque d’exigences

Independent research on tracking gaps

A June 2026 analysis in The Conversation reports no legal convictions or formal corruption indictments linked to climate finance in Mauritius, and argues that tracking and reporting of funds once they enter the system remain weak. It discusses a flood-drainage implementation case as mismanagement, not as a conviction.

Climate finance for Mauritius needs good management: report finds gaps

Project-level records live in the registry. Citation rules are on Sources.