{
  "id": 19463396,
  "title": "Analysis: Climate-finance pledges fall 70% as countries meet at COP31",
  "url": "https://urgent.news/2026/11/11/analysis-climate-finance-pledges-fall-70-as-countries-meet-at-cop31",
  "topic": "world",
  "section": "World",
  "published": "2026-11-11T07:00:00.000Z",
  "source": {
    "name": "Carbon Brief",
    "slug": "carbon-brief",
    "url": "https://www.carbonbrief.org/analysis-climate-finance-pledges-fall-70-as-countries-meet-at-cop31"
  },
  "original_language": "en",
  "account": "A recent analysis reveals that climate finance pledges have plummeted by more than 70% since 2025, according to Carbon Brief's examination of the situation. Developed nations are obligated under UN climate treaties to provide financial assistance to developing countries to help them mitigate climate change and cope with its impacts. These funds are typically allocated through multilateral development banks, UN climate funds, and private sector investments, as well as direct contributions from developed countries' foreign aid budgets. The European Union, the United States, and others previously committed to scaling up annual climate finance from $100 billion in the early 2020s to $300 billion by 2035. However, nearly all of these pledges have expired, and only a few nations have announced new commitments for the period leading up to 2030. A civil-society tracker shows that only five countries have unveiled new multi-year pledges, with the United Kingdom being the sole major donor. Germany, France, and Japan have yet to establish plans for new climate finance, while the United States has withdrawn from international climate efforts. As a result, total public climate finance pledged over the next few years amounts to a meager $11.7 billion annually, a stark contrast to the recent levels of around $40 billion. Experts attribute this decline to factors such as global conflicts, fiscal constraints, and the emergence of far-right ideologies, all of which are making it increasingly challenging for developed-country governments to pledge new funds. At the COP31 summit in Turkey, developing countries are expressing their urgent need for new financial resources, as nations have only recently agreed to a new global target for climate finance.",
  "summary": "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 pledges fall 70% as countries meet at COP31 appeared first on Carbon Brief .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}