Climate finance pledges drop 70% as rich nations delay commitments to developing countries

As countries convene at COP31, wealthy nations have failed to finalize plans for delivering a promised $300 billion annually in climate finance to developing countries by 2035, leaving poor nations unable to plan investments in climate adap

First covered Nov 10, 2026 · 11:00 PM PT · 2 articles

Climate finance pledges drop 70% as rich nations delay commitments to developing countries — Image via carbonbrief.org

Coverage

6h Guardian Environment Developing countries in limbo as rich nations delay new climate finance plans — Many governments are yet to set targets, leaving recipient countries struggling to plan and attract private investment Developing countries have been left in…

6h Carbon Brief Analysis: Climate-finance pledges fall 70% as countries meet at COP31 — The amount of public funding pledged to help developing countries tackle climate change has dropped by more than 70% in… The post Analysis: Climate-finance…

Primary sources

nrdc.org Climate Finance Commitment Tracker (nrdc.org) — cited by 2 of the outlets above

budget.canada.ca Update Miseajour2026 Eng (budget.canada.ca)

consilium.europa.eu Council Publishes 2025 International Climate Finance Figures (consilium.europa.eu)

Related coverage

1d Climate Home News Developing countries face climate finance deficit as loan payments soar

1d Guardian Environment Tuesday briefing: The world is falling short on climate action. Can Cop31 change that?

More coverage from around the web

boell.de COP31: The Sorry State of Public Climate Finance Will Hamper Needed Ambition

downtoearth.org.in COP31 adopts climate finance work programme; proposals for adaptation funding, trade measures dropped

news.cgtn.com COP31 delegates urge climate finance, justice for developing nations - CGTN

aol.co.uk Developing countries in limbo as rich nations delay new climate finance plans - AOL

qazinform.com COP31 delegates urge urgent climate finance and justice for developing nations

Appeared in: 2026-11-11 (#1)

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