climate finance

MDBs hit record $163B in climate finance for 2025

Multilateral development banks committed a record $163 billion in climate financing in 2025, with funding to low- and middle-income countries jumping 21% to $103 billion, according to a joint annual report released Monday. The milestone arrives just two weeks after…

Climate finance tops $2 trillion but growth slows sharply, CPI report warns

Global climate finance surpassed $2 trillion for the first time in 2024, a milestone that nonetheless masks a troubling slowdown in the pace of investment needed to avert the worst effects of climate change, according to a report released during…