10 Things to Know about Climate Finance: 2025
Climate finance is at a critical juncture in 2025. With developing countries facing escalating climate impacts, the need for scaled, predictable, and equitable funding has never been greater. This report unpacks the latest trends, commitments, and shortfalls in global climate finance, analyzing whether the new targets set under the New Collective Quantified Goal (NCQG) are sufficient to meet the urgent adaptation and mitigation needs of vulnerable nations. As the world approaches COP30, the decisions made today will determine whether climate finance is a tool for meaningful action—or another broken promise.
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- A New Climate Finance Goal Seeks to Triple Multilateral Climate Fund Outflows
- Only the Green Climate Fund has Doubled Adaptation Finance since 2019
- The Fund for Responding to Loss and Damage Builds Operational Momentum
- The Spotlight is on Enhancing Access to Climate Finance
- Countries without Finance Obligations Continue to Pledge in Solidarity
- Grant Finance still Dominates Climate Fund Approvals
- NCQG Lacks both Gender and Human Rights Commitment and Guidance for Implementation
- The Regional Balance of Climate Finance Is Challenging to Access
- COP30 in Brazil Could Reinvigorate Finance for Forest Protection
- A Promised Roadmap Must Dramatically Scale and Improve Climate Finance
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