regarding the group mainly umics angola and equatorial guinea have been included in this group since they are currently graduating from the ldc category another source of data on climate finance flows is the biennial reports submitted by developed country parties to the unfccc the paris agreement provides the latest guidance to countries and multilateral development banks on climate finance and the need for financial flows to developing countries to support climate action decision cp which accompanies the paris agreement recommits developed countries to mobilising usd billionyea by from public and private sources to support climate action in developing countries with a new higher target to be agreed by