Council publishes 2025 international climate finance figures

Baku, October 29, AZERTACIn 2025, the European Union and its 27 member states contributed €32. 3 billion in climate finance from public sources and mobilised an additional amount of €9. 3 billion of private finance to support developing countries to reduce their greenhouse gas emissions and adapt to the impacts of climate change, according to official website of the European Commission. The Council published the figures today, in preparation for the United Nations climate change conference of the parties (COP31 & CMA8), which will take place from 9 to 20 November in Antalya, Türkiye. The figures are based on the EU climate finance reporting rules laid down in the governance regulation.

According to data compiled by the European Commission, 48% of the public climate funding for developing countries has been directed to climate adaptation or to cross-cutting action (involving both climate change mitigation and adaptation initiatives). Grant-based finance represents a significant share (41%) in the EU and member states public contribution. The EU actively seeks to extend the range and impact of sources and financial instruments and to mobilise effectively private finance, as major tools to support international climate action, while responding to the forward-looking approach as embedded in the decision on the new collective quantified goal, adopted in 2024 by the parties to the Paris agreement. This way, the EU will continue to support developing countries to implement the 2015 Paris climate change agreement. The 2025 figures represent a strong confirmation of the EU, and its member states resolve for delivering on their international climate finance commitments, particularly towards the developed countries' collective goal of mobilising $100 billion per year. The €32. 3 billion…