Climate Finance

As Diwali lights up India on November 8, leaders from around the world will gather in Antalya, Türkiye, the next day for COP31. At stake is the elusive promise of climate finance that could help protect more than a billion lives and livelihoods.

COP31 is being framed as an implementation COP. Yet countries cannot deliver on their climate commitments without the finance, technology and institutions to make them work.

Türkiye's COP31 Presidency has named Ethiopia, Fiji, Indonesia, Pakistan, and Uzbekistan as the first pilot countries for its Climate Implementation Bridge (BRIDGE) initiative. BRIDGE, delivered with the United Nations Development Programme, promises country-led support to build finance-ready project portfolios, identify bottlenecks, and improve access to existing international support.

At the Pacific Pre-COP in Fiji, one figure cut through familiar calls for greater climate ambition: more than$16 billion has been committed to Pacific countries since the Paris Agreement, but over $5 billion remains undisbursed.

The Loss and Damage Fund has provisionally allocated $21.6 million to Nepal, a fraction of its estimated needs, underscoring the funding gap the Global South has long fought to close

In today’s geopolitical and trade landscape, a credible domestic carbon price is not just climate policy, but an industrial strategy as well

Climate finance is usually discussed in terms of shortage of money required for adaptation or mitigation measures in developing countries as the world warms. But it requires a deeper, more technical look.

As Nepal takes its case to the United Nations General Assembly, it seeks climate finance and compensation for losses while raising bigger questions about whether countries can adapt fast enough to risks being reshaped by warming

In the BRICS declaration, climate risk sits alongside industrial policy, energy and food security, critical minerals, supply chains, finance and trade

The report says the funding needs are not uniform across sectors and power sector requires the largest amount of capital

The country has drafted hundreds of Heat Action Plans to combat the crisis, but the challenge of finding money to make them work remains

On Day 1 of the annual Bonn climate conference, developing nations called for renewed focus on climate finance and historical responsibility as shifting geopolitical priorities challenge multilateral climate action

Renewable energy ETFs attracted over $3 billion in April 2026 alone, according to the report

Climate shocks are not only destroying the livelihoods of low-income borrowers but are also driving up the cost of capital for the institutions that serve them

Part 3 of CarbonCopy’s series on non-economic loss and damage looks at how years after Cyclone Fani, shifting coconut yields and fishing patterns are driving losses insurance cannot cover