# Analysis: Climate-finance pledges fall 70% as countries meet at COP31 

- URL: https://talkfuse.com/story/analysis-climate-finance-pledges-fall-70-as-countries-meet-at-cop31/
- Published: 2026-11-11T07:00:00+00:00
- Updated: 2026-11-11T07:20:37+00:00
- Original publisher: Carbon Brief
- Original article: https://www.carbonbrief.org/analysis-climate-finance-pledges-fall-70-as-countries-meet-at-cop31
- Topics: Climate, Science

## Key points

- Annual public climate-finance pledges are down about 71%.
- Current commitments total roughly $11.7bn a year.
- The UK is the only major donor to announce a new pledge.

## Summary

Public climate-finance pledges from developed countries have fallen by about 71% in 2026, just as the COP31 summit begins in Turkey. The shortfall matters because developing countries rely on this funding to reduce emissions and prepare for climate impacts, while governments face pressure to replace commitments that mostly expired in 2025.

Current pledges amount to about $11.7bn a year, compared with roughly $40bn previously. Only five countries have announced new multi-year commitments, and the UK is the sole major donor among them; Germany, France and Japan have yet to set out plans, while no US pledge is expected. The UK’s new commitment and the European Commission’s existing budget-period promise account for most of the announced funding.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.