According to the latest figures published by the German government, German climate finance 2024 rose compared to the previous year. Around €6.1 billion in resources from the federal budget were available for climate finance in 2024 (including grant equivalents from... more The post German climate finance 2024: New data shows increase, but 2025 pledge likely out of reach appeared first on The German contribution to International Climate Finance.| The German contribution to International Climate Finance
Planned aid cuts for 2025 and 2026 are likely to push Germany's climate finance pledge out of reach. Rather than the promised six, barely five billion euros may be available for each 2025 and 2026.| The German contribution to International Climate Finance
According to the German government’s climate finance report recently submitted to Brussels, budget allocations for climate finance in 2023 have fallen significantly compared to the previous year, now once again below the target of at least six billion euros per year. 2025 will see more troubles, as the government is planning more cuts to the […]| The German contribution to International Climate Finance
Good news just in time for the Bonn climate talks SB60: In 2022, developed countries’ climate finance has reached and even exceeded $100 billion, a level originally promised for 2020. Yet, some issues remain. Since developed countries promised, back in 2009, to increase financial assistance to support climate action in lower-income countries to $100 billion […]| The German contribution to International Climate Finance