Dossier
climate finance
Coverage of climate finance in the Nexus archive.
- Q&A: How will the World Bank’s abandoned finance goal affect climate action?
The World Bank has abandoned a 45% climate finance target for funding to developing countries under pressure from the Trump administration, but retained its climate action plan. The bank remains the largest global provider of climate finance, distributing $39.2bn in 2025, with significant investments in clean energy and emerging economies like India and Nigeria.
- UN climate chief warns ‘geopolitical tensions’ undermine global action
The UN climate chief warns that geopolitical tensions are undermining global climate action. Disputes over climate finance and resistance from petro-states have complicated pre-COP31 negotiations.