World Bank (2006 and 2010a), UNCTAD (2010). Importantly, the climate-friendly (mitigation-specific) flows are estimated to account for less than one-sixth or about 15% of the total flows to emitting sectors across these types of finance (Figure 1). More precisely, for FDI + CERs, the low estimate includes the primary transaction values of CERs only (about 4 bn USD, World Bank 2010), whereas the high estimate also includes UNCTAD (2010) estimates of low carbon FDI flows from developed to developing countries (about 37 bn USD). Similarly for Bilateral ODA and OOF.