New data suggest that the Glasgow-agreed goal to double adaptation finance may fall short. During the Bonn meetings on the Global Goal on Adaptation, money disputes and debates over adequate indicators also weighed heavily.
By Alexandra Endres
At the Bonn interim climate conference, new ideas emerged on climate finance. COP30 host Brazil is pushing forward with “coalitions of the willing”. Whether these efforts will raise the necessary funds quickly remains highly uncertain. Yet 2025 will be a pivotal year for global climate financing.
By Nico Beckert
Starting Monday, a UN conference will debate the next round of global development financing. Money is tight, and spirits are low. The Global North has not kept its promises, and experts believe multilateralism is being put to the test.
By Bernhard Pötter
The government's draft budget shifts many items back and forth when it comes to climate action, but the total remains roughly the same as before. In the short term, more money could be available for climate investments. However, the international target of EUR 6 billion in climate aid will probably not be reached.
By Malte Kreutzfeldt
Despite the promise in the Glasgow 2021 climate pact to double adaptation funding to 40 billion US dollars by 2025, the industrialized countries are only providing 12 billion this year. In 2026, the amount of aid payments threatens to fall further, according to a report by Care.
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The Climate Investment Fund will support industrial decarbonization in Brazil, Turkey, Mexico, Egypt, South Africa, Namibia, and Uzbekistan with USD 1 billion. The countries are now expected to draft concrete implementation plans.
By Nico Beckert
The financing of climate policy remains a hot topic at SB62 in mid-June. Business consultants and scientists are now calling for a change of perspective: International climate financing is not development aid, but rather protects supply chains and corporate values in the self-interest of the global North.
By Nico Beckert
The trend is irreversible: The majority of countries see climate action as a development model. Climate policy measures boost investment, create jobs and prosperity, according to the two Executive Directors of the World Bank Group, Marcos Vinicius Chiliatto and Michael Krake. Read how the World Bank supports countries in this.
By Redaktion Table
The Trump administration wants to block reforms to improve international climate financing. It opposes a reform of the international financial system, rejects new climate levies (solidarity levies), and wants to reverse the long-standing consensus on the abolition of inefficient fossil fuel subsidies.
By Nico Beckert
The "Bundesgesellschaft Zukunft Umwelt Gesellschaft" distributes national funding to support climate, environmental and nature conservation. Constanze Haug has been its new managing director for a year now. Haug wants to "efficiently enable climate action" and places her hopes in the new federal government.
By Redaktion Table
