Such finance can come from domestic or international sources. Developed countries committed at the 16111 Conference of the Parties (COP) to the UNFCCC to mobilise USD 100 billion per year by 2020 of climate finance for developing countries in the context of meaningful mitigation action and transparency on implementation. This commitment was reiterated in Decision 1/CP.21 (hereafter referred to as the Paris Decision), which indicates that funding will continue at this level until 2025, by which time a new target figure will be set. The transparency framework of the Paris Agreement covers only a subset of climate finance, i.e. finance provided and mobilised by developed countries for developing countries, climate finance provided and mobilised by “other” countries for developing countries, as well as climate finance received by developing countries.