Welcome to Carbon Brief’s Cropped.
We handpick and explain the most important stories at the intersection of climate, land, food and nature over the past fortnight.
Key developments
Still at sea
DARK OXYGEN: Scientists discovered “dark oxygen” being produced in the deep ocean, “apparently by lumps of metal on the seafloor”, BBC News reported. The study challenges the “long-held assumption” that oxygen is produced exclusively through photosynthesis, CNN reported. Ocean scientist and lead author Dr Andrew Sweetman “observed the phenomenon time and time again over almost a decade” at several locations in the mineral-rich Clarion-Clipperton Zone in the Pacific, the outlet added. Canada’s The Metals Company, which partially funded Sweetman’s research, “attempted to poke holes in the study”, according to E&E News, but Sweetman stood by his team’s findings.
O CAPTAIN, MY CAPTAIN: The study created ripples at the ongoing seabed mining talks in Kingston, Jamaica, delegates told Carbon Brief. However, nations negotiating rules to govern the sector are also “face[d with] a critical vote” to decide who will head the International Seabed Authority (ISA), a decision “that could impact the nascent industry for years”, the Guardian wrote. Ahead of “one of the world’s most important elections…you’ve never heard of”, Foreign Policy carried an in-depth interview with Brazilian oceanographer Leticia Carvalho. Carvalho is standing for election against the ISA’s current chief Michael Lodge, “who has been criticised for allegedly having cosy ties to eager mining firms”.
RUDDERLESS WORLD: Despite heated talks, the meeting is drawing to a close with mining rules “still far from finalised”, but no mining authorised, according to the Deep Sea Conservation Coalition. Malta, Honduras, Tuvalu and Guatemala announced they were joining in the call for a “precautionary pause” on deep-sea mining, taking the number of countries pushing for a moratorium, pause or ban to 31 countries, according to the Earth Negotiations Bulletin. Palau’s president lamented: “We are once again at the mercy of powerful external forces, reminiscent of colonial exploitation that scarred our history.” For a detailed breakdown of country positions, evolving science and state of play, read Carbon Brief’s new Q&A on deep sea mining, published today.
UN hunger report
FOOD INSECURITY: Around one in five people in Africa faced hunger in 2023 as “major drivers”, including climate change and conflict, became “more frequent and severe”, a new report from the UN Food and Agriculture Organization (FAO) found. More than 700 million people around the world were undernourished in 2023, the report estimated – an increase of around 150 million people compared to 2019. “Transforming agrifood systems is more critical than ever,” the director general of the FAO, Dr Qu Dongyu, said in a statement. He added that the FAO is “committed to supporting countries in their efforts to eradicate hunger and ensure food security for all”.
AFRICA IMPACTS: Food insecurity is an issue in many parts of the world, “but Africa is at the epicentre of the crisis, with hunger on the rise across the continent”, Context News said in its coverage of the report. East Africa had the highest number of people going hungry on the continent – more than 138 million people in 2023, the outlet noted. Dr David Laborde, director of the agrifood economics division at FAO, told the New Humanitarian that “hunger level remains high, higher than in 2015” – the year that countries adopted the UN sustainable development goals for 2030, which include an aim to end hunger.
DROUGHT: Meanwhile, the prime minister of Lesotho, Sam Matekane, declared a “national food insecurity disaster” as around 700,000 people in the small African country face drought-related hunger, according to the Lesotho Times. The “critical” situation needs “national, regional and international humanitarian intervention”, the president said. Lesotho and other southern Africa countries including Zambia, Zimbabwe and Malawi were hit by drought in recent months, scorching crops and leaving millions at risk of hunger, the Associated Press reported earlier this year. A rapid attribution study found that the El Niño weather pattern was the key driver behind this drought.
Spotlight
What Venezuela’s election means for the Amazon
In this Spotlight, Carbon Brief looks at what Venezuela’s disputed election results could mean for illegal mining in the Amazon rainforest.
Earlier this week, Nicolás Maduro was declared the winner of the Venezuelan presidential election by the “government-controlled electoral authority”, the Guardian reported.
The country’s opposition disputed the results as “fraudulent”, BBC News said, while protests broke out in the country’s capital of Caracas.
Pre-election polls showed Maduro, who has served as Venezuela’s president for the past 11 years, falling behind as “voters express[ed] exhaustion over Venezuela’s economic crisis and political repression”, Al Jazeera said.
According to Mongabay, there was “little room for discussion about environmental issues” in the build-up to the election amid focus on whether the vote would be “anything close to free and fair”. The outlet said that this is “despite the fact that the country has plunged into a crisis so severe that many observers now call it an ecocide”.
Amazon impacts
Venezuela is among the world’s most biodiverse countries and it holds almost 7% of the Amazon region.
In 2022, Mongabay reported that more than 140,000 hectares of primary forest were lost in the Venezuelan areas of the Amazon over 2016-20.
New Scientist also reported in 2022 that pristine forest loss in the Venezuelan Amazon “is estimated to be increasing by around 170% annually” due to “a state-sanctioned boom in gold mining”.
Luis Jiménez, the general coordinator of the Venezuelan conservation NGO Phynatura, believes that Maduro remaining in power would continue the “exponentially accelerated” destruction of the Amazon.
He tells Carbon Brief that mining has impacted “important protected natural areas” in Venezuela, such as the Canaima and Yapacana national parks, which “apart from protecting large, megadiverse forest spaces, are home to 31 Indigenous ethnic groups”.
Jiménez believes another Maduro term would continue this “extractivist economy, which in no way benefits local communities or the rest of Venezuelans”.
Indigenous rights
In 2022, the NGO Human Rights Watch “documented horrific abuses” of Indigenous peoples “by groups controlling illegal gold mines in southern Venezuela, operating with government acquiescence”.
Last year, the Venezuelan government launched a military option to “expel more than 10,000 illegal miners from the Amazon, according to an Agence France-Presse article published in Deutsche Welle.
The article noted that Maduro said illegal mining was “destroying” the Amazon.
On deforestation, Venezuela and Bolivia were the only Amazon countries to not sign a 2021 global pledge to work towards halting deforestation by 2030.
But, in 2022, Venezuela and Colombia proposed relaunching the 1978 Amazon Cooperation Treaty Organisation, a pact between Brazil, Bolivia, Guyana, Peru, Suriname and Venezuela to protect the Amazon.
The countries then met for the first time in 14 years last August, committing to act together to prevent the rainforest “from reaching the point of no return” – but stopped short of agreeing on a common target to end deforestation.
Politicians in the US, Chile, Argentina and around the world have cast doubt over the Venezuelan election results, Reuters said. Maduro has allegedly pledged to release the full voting records, a Brazilian government official told Bloomberg, amid continued protests and tension in the country.
News and views
MILKING THE SYSTEM: Big meat and dairy corporations are “mobilis[ing] significant resources to delay and derail progressive environmental legislation”, a Changing Markets Foundation investigation found. An examination of 22 of the biggest meat and dairy corporations across four continents revealed the use of distract, delay and derail tactics, mirroring those of “big oil”. Distraction tactics, such as greenwashing, steer the spotlight away from the lack of climate action, the report said, adding that companies are using “industry-funded academic research to downplay” the sector’s environmental impact. Delay tactics “ask governments to slow down any regulation by claiming that [companies] are already taking voluntary action”. Finally, the “most aggressive” derail tactics focus on political activity, including millions spent on donations and lobbying, the report said.
COP16 THREAT MONITORING: The organising committee of the COP16 UN biodiversity summit, which will be held in Cali, Colombia in October, sought to reassure delegates after online threats from a “dissident rebel group”, reported the Guardian. The organisers reiterated that “the safety and wellbeing of all participants, attendees and collaborators are our top priority”, the newspaper added. This came after threats made by the Central General Staff (EMC) in a post on Twitter that was addressed to Colombian president Gustavo Petro and said that COP16 would “fail”. The threat came during a ceasefire breakdown between the Colombian government and factions of the EMC, which is active near Cali. The organising committee has assured that it is “closely monitoring the situation and working to establish the validity of the [threats] on social media”.
NEW GROUPS: The new European parliament agriculture committee has been formed of “predominantly right-leaning” politicians, Euronews reported. The “heightened political significance” of the committee after EU farmer protests earlier this year “has attracted top-tier MEPs and lawmakers with little ties to the agricultural world”, Euractiv reported. Some “unexpected faces” in the committee formed after the June parliament elections include a “Spanish far-right YouTuber Luis ‘Alvise’ Pérez”. Meanwhile, the bloc’s yet-to-be-announced agriculture commissioner could be Luxembourg’s Christophe Hansen from the European People’s Party, Politico speculated.
BIRD FLU BROILER: Extreme heat may have played a key role in the bird flu outbreak that infected five workers in the US state of Colorado earlier this month, the Guardian reported. The newspaper said the workers, tasked with culling poultry with the virus, became infected themselves, as their protective gear failed to work correctly amid extreme temperatures. CNN said temperatures at the time were above 40C, with large industrial fans being used to try to control the heat. “We understand those large fans…were moving so much air…the workers were finding it hard to maintain a good seal or a good fit either between the mask or with eye protection,” said Dr Nirav Shah, principal deputy director of the US Centers for Disease Control and Prevention, told CNN.
WASTE NOT: Leaders of Pacific Island states have come to an agreement with Japan over the latter’s “controversial” discharge of treated nuclear wastewater into the Pacific Ocean, according to the Pacific Islands News Association. Japanese prime minister Fumio Kishida assured the Pacific Islands Forum that the practice was being done “in compliance with international safety standards and practices”, while Pacific leaders “emphasised the need for Japan to continue providing sincere and transparent explanations” about the process. However, Prof Robert Richmond, the director of the University of Hawaii at Manoa’s Kewalo Marine Laboratory, “voiced significant concerns” about the efficacy of the treatment and the monitoring programme that is currently in place, the outlet said.
DAMAGED GOODS: A cattle rancher in Brazil has had his assets frozen in the “largest civil case brought for climate crimes in Brazil to date”, the Guardian reported. Dirceu Kruger will be compelled to pay more than $50m in “compensation for the damage he had caused to the climate through illegal deforestation”, according to the newspaper. The price tag was calculated based on the number of hectares that Kruger was found to have deforested, the average greenhouse gas emissions from damaging the rainforest and a calculation of the “social cost” of carbon. The money will be paid into the country’s climate emergency fund and the rancher will also “have to restore the land he degraded so it can become a valuable carbon sink again”, the outlet said.
Watch, read, listen
CLIMATE FINANCE: Dialogue Earth explored uncertainties around ocean communities being able to access “loss and damage” funding for those impacted by climate change.
US ELECTION: The “record on the environment” of Kamala Harris – US vice president and Democratic frontrunner for the country’s presidential election – was discussed on the NPR Living on Earth podcast.
GROWING PAINS: A feature in Al Jazeera looked at the “uncertain future” for women coffee farmers in the “conflict-ridden” eastern Democratic Republic of the Congo.
HOT WATER: The Financial Times examined the “dangerous effects of rising sea temperatures”.
New science
Indigenous food production in a carbon economy
Proceedings of the National Academy of Sciences
A new study has revealed that replacing locally harvested foods with imported market substitutes in Canada’s Inuvialuit Settlement region “would cost over C$3.1m [US$2.3m]…and emit over 1,000 tonnes of CO2-equivalent emissions” annually. The study modelled the cost of substituting local food harvests with market replacements in the region. The study found that gasoline use would add about “C$295,000 [US$213,611] [to harvesting costs] and result in 315 to 497 tonnes of emissions”, in contrast to the much higher costs and emissions associated with substituting local foods with imports. Disregarding local food systems could, therefore, “undermine emissions targets and adversely impact food security and health in Arctic Indigenous communities”, the study added.
Global atmospheric methane uptake by upland tree woody surfaces
Nature
New research found that tree bark can absorb methane from the atmosphere, meaning that the climate benefits of protecting forests “may be greater than previously assumed”. Researchers measured the methane exchange on tree stems in a range of forests in the Amazon, Panama, UK and Sweden. They found that microbes in bark could help trees to take in between 25-50m tonnes of atmospheric methane each year, with tropical forests taking in the highest levels of methane. The researchers conclude that identifying tree species that can absorb the most methane could help to tackle the global growth of the potent greenhouse gas in the atmosphere.
Cost-effectiveness of natural forest regeneration and plantations for climate mitigation
Nature Climate Change
A new research effort has created global maps illustrating what is likely to be the most cost-effective reforestation method in 138 low- and middle-income countries. To create the maps, the researchers used machine learning to combine data on the likely implementation costs of passive natural regeneration and reforestation through plantations, as well as household survey data on the opportunity costs of reforestation, data on the most suitable tree species to plant in each area and the likely carbon accumulation in each area. The research found that plantations offer the most cost-effective form of reforestation over 54% of the land included in the study, while natural regeneration would be most effective over 46% of the land.
In the diary
- 9 August: International day of the world’s Indigenous peoples
- 11-15 August: World Water Congress and Exhibition | Toronto
- 12-16 August: Working group on benefit-sharing from the use of digital sequence information | Montreal, Canada
This is an online version of Carbon Brief’s fortnightly Cropped email newsletter. Subscribe for free here.
Cropped is researched and written by Dr Giuliana Viglione, Aruna Chandrasekhar, Daisy Dunne, Orla Dwyer and Yanine Quiroz. Antara Basu also contributed to this issue. Please send tips and feedback to cropped@carbonbrief.org.
The post Cropped 31 July 2024: Deep-sea mining talks; UN hunger report; Venezuela election and the Amazon appeared first on Carbon Brief.
Cropped 31 July 2024: Deep-sea mining talks; UN hunger report; Venezuela election and the Amazon
As COP30 reaches its midway point in the Brazilian city of Belém, Carbon Brief has hosted its second “ask us anything” webinar to exclusively answer questions submitted by holders of the Insider Pass.
The webinar kicked off with an overview of where the negotiations are on Day 8, plus what it was like to be among the 70,000-strong “people’s march” on Saturday.
At present, there are 44 agreed texts at COP30, with many negotiating streams remaining highly contested, as shown by Carbon Brief’s live text tracker.
Topics discussed during the webinar included the potential of a “cover text” at COP30, plus updates on negotiations such as the global goal on adaptation and the just-transition work programme.
Journalists also answered questions on the potential for a “fossil-fuel phaseout roadmap”, the impact of finance – including the Baku to Belém roadmap, which was released the week before COP30 – and Article 6.
The webinar was moderated by Carbon Brief’s director and editor, Leo Hickman, and featured six of our journalists – half of them on the ground in Belém – covering all elements of the summit:
- Dr Simon Evans – deputy editor and senior policy editor
- Daisy Dunne – associate editor
- Josh Gabbatiss – policy correspondent
- Orla Dwyer – food, land and nature reporter
- Aruna Chandrasekhar – land, food systems and nature journalist
- Molly Lempriere – policy section editor
A recording of the webinar (below) is now available to watch on YouTube.
Watch Carbon Brief’s first COP30 “ask us anything” webinar here.
The post COP30: Carbon Brief’s second ‘ask us anything’ webinar appeared first on Carbon Brief.
Greenhouse Gases
DeBriefed 14 November 2025: COP30 DeBriefed: Finance and 1.5C loom large at talks; China’s emissions dip; Negotiations explained
Welcome to Carbon Brief’s DeBriefed.
An essential guide to the week’s key developments relating to climate change.
This week
Finance and 1.5C dominate talks
AGENDA ADOPTED: Negotiations at the COP30 UN climate talks began in the Brazilian city of Belém this week, attended in person by Carbon Brief’s Daisy Dunne, Josh Gabbatiss and Anika Patel. The Brazilian hosts scored an unexpected early win by dodging an “agenda fight” over proposals to add various contentious issues to the official docket. Despite the neat footwork, four issues kept off the agreed agenda – climate finance; emissions reporting; trade measures; ambition and 1.5C – still loom large, having merely been diverted into “presidency consultations”.
PRESIDENCY PROMISES: By Wednesday, the presidency was promising “good news” at a plenary later that day, which had been due to offer an update on progress with the four extra items. Instead, it ended abruptly, with COP30 president André Corrêa do Lago promising to say more at another plenary scheduled for tomorrow. It remains unclear how the presidency intends to deal with these thorny issues, leaving the COP rumour-mill in full swing.
MINISTERIAL MAGIC: Aside from the extra issues, the official agenda at COP30 already has more than 100 items to contend with, including how to track progress on adaptation and how to ensure a “just transition” as emissions-cutting measures are implemented. (You can follow them all via the Carbon Brief text tracker.) While draft texts have started to emerge, many items remain stalled, with persistent divisions along familiar lines (see below). Negotiators will be hoping that ministers arriving over the weekend are primed to unlock progress. Brazil has appointed pairs of these politicians to push for deals in key areas.
Around the world
- Ethiopia has said it will host COP32 after beating out a bid from Nigeria, Reuters reported. Turkey and Australia are still in deadlock over who should host COP31, with a decision due by the end of these talks, BBC News reported.
- China will not contribute to Brazil’s Tropical Forest Forever Facility, Bloomberg reported, while Devex said two multilateral development banks are considering paying in. More than $5.5bn has been pledged so far, which BusinessGreen noted is “well short” of a $25bn target. The fund was labelled a “false solution” by some Indigenous and civil society groups.
- After Brazilian president Luiz Inácio Lula da Silva called for a “roadmap” away from fossil fuels ahead of COP’s opening, rumours are swirling over how this might take shape. A new declaration spearheaded by Colombia and a roadmap with backing from a number of countries, including Denmark, the UK, France, Kenya and Germany, are being floated as possible options.
- China is currently among the countries pushing for “provision of finance from rich countries and unilateral trade measures” to be included on the agenda, reported Climate Home News. Chinese delegation head Li Gao told Agence France-Presse it is “crucial” for developed countries to fulfil their $300bn commitment.
- Dozens of Indigenous protesters forced their way into COP’s blue zone on Tuesday night, expressing anger at a lack of access to the negotiations, Reuters said. On Friday, a peaceful protest blocked the entrance to the blue zone, causing lengthy queues as delegates were forced to use a side door.
344%
The rise in the global use of solar from 2024 to 2035 under “stated policies”, according to Carbon Brief’s analysis of the latest World Energy Outlook from the International Energy Agency.
Latest climate research
- The 2025 Global Carbon Budget, covered in detail by Carbon Brief, finds that CO2 emissions from fossil fuels and cement will rise 1.1% in 2025 | Earth System Science Data
- In its November 2025 update, Climate Action Tracker says that its projections of global warming by 2100 have “barely moved” in four years | Climate Action Tracker
- The AI server industry in the US is unlikely to meet its 2030 net-zero goals “without substantial reliance on highly uncertain” carbon offsets | Nature Sustainability
(For more, see Carbon Brief’s in-depth daily summaries of the top climate news stories on Monday, Tuesday, Wednesday, Thursday and Friday.)
Captured
China’s carbon dioxide emissions have “now been flat or falling for 18 months” since March 2024, analysis for Carbon Brief has found, due, in particular, to the transport, cement and steel sectors. The analysis has been covered widely in publications including China’s Global Times, the New York Times, Financial Times, Reuters, Bloomberg and on the frontpage of the Guardian.
Spotlight
What to expect from COP30 talks
This week, Carbon Brief’s expert team walk through what is happening with the biggest issues being negotiated at COP30.
‘Cover text’
Can you judge a COP by its cover text? At COP, the presidency has the option to pull together a new negotiated “cover text”, an overarching political overview of decisions agreed at the summit, along with other issues not on the agenda that it wants to draw attention to.
COP30 president André Corrêa do Lago might have dismissed a catch-all “cover decision” as a “last-minute solution” ahead of COP and dodged the question since, but other parties have been less shy in hinting that a cover text is, indeed, coming.
Cover decisions are often the product of fraught negotiations, high stakes, too little time and too many parties to accommodate.
This year, there is added pressure to address what is happening in the wider world outside the “negotiations” and to politically signal that the UN climate process is alive and making progress, despite the withdrawal of the US.
What elements could go into it? As a member of the “BASIC” group of nations comprising Brazil, South Africa, India and China, trade measures could find a place. But ideas pushed by Brazilian president Lula for new “roadmaps” away from fossil fuels and deforestation might find a place. Finance, however, could be much trickier to fit in.
Adaptation
One of the key expected outcomes of COP30 is agreement on a list of 100 indicators that can be used to measure progress under the “global goal on adaptation” (GGA). After two years of work by experts, negotiations got underway with a suggested list that had been whittled down from nearly 10,000 possible indicators.
Despite the focus on the GGA by the COP30 presidency and others, division has quickly emerged around the timeline for the adoption of the indicators. The African Group has notably requested a two-year work programme to further refine the list, while other parties are pushing for the indicators to be adopted in Belém as planned.
On Wednesday, an informal note was published that compiled elements for a draft decision. Significantly, for the first time under the GGA, this included a call for developed countries to “at least triple their collective provision” of adaptation finance by 2030, with a target to reach $120bn. This echoed a suggested target originally set out by the negotiating group of least developed countries (LDCs), supported by the African Group, Arab Group and the Association of Latin America and the Caribbean (AILAC) countries.
Just transition and mitigation work programmes
Over the past year, civil society groups have been calling for the establishment of a mechanism to enact the agreed UNFCCC principles of a “just transition”. This gained momentum on Wednesday within negotiations of the just transition work programme (JTWP), when the G77 and China called for the development of the “Belem Action Mechanism” (BAM).
Chile, the Alliance of Small Island States (AOSIS), India and other developing countries supported the mechanism. However, Norway, the UK, Australia and Japan pushed back. Other long-standing points of contention have also raised their heads, including around unilateral trade measures and references to fossil fuels and aligning to global temperature goals.
Within the mitigation work programme (MWP) talks, negotiators are looking to build on two dialogues held this year. The main themes at COP30 are the links between the MWP and the global stocktake (see below) and the future of the programme itself.
Old divisions have emerged in negotiations, focused predominantly on the mandate of the MWP and the potential development of a digital platform as part of its continuation.
UAE dialogue
The landmark outcome of the first “global stocktake”, agreed at COP28 in Dubai, called on all countries to contribute to a “transition away from fossil fuels”. It also mandated a “UAE dialogue” on “implementing the global stocktake outcomes”.
Two years later, countries remain deadlocked over what this dialogue should discuss. Many want it to cover all parts of the stocktake, including the energy transition, while others want an exclusive focus on climate finance. They also disagree on whether the dialogue should have substantive outcomes, including a formal process to keep discussing the issues raised.
Having failed to reach agreement at COP29 last year, the latest draft text shows parties are just as far apart in Belém, nearly halfway into the summit.
Finance
Climate finance for developing countries does not occupy a high-profile position in the formal COP30 negotiations. Yet, as demonstrated by its role in adaptation talks and the agenda dispute, finance still has the potential to derail proceedings.
Ahead of the conference, the COP30 and COP29 presidencies released their “Baku to Belém roadmap”, exploring how finance could be ramped up to $1.3tn by 2035.
An influential group of experts also released new analysis showing a “feasible path” to this goal, leaning on private finance. They said this work would provide a “valuable signal” to those in the finance sector.
However, with no position in the Belém negotiations, it was unclear how – or whether – the roadmap would be taken forward by governments beyond COP30.
Instead, finance negotiators have been occupied with technical matters, but these still show signs of division. For example, some developing-party groups have pushed back against an EU priority goal to extend a “dialogue” about “making finance flows consistent” with climate objectives.
Watch, read, listen
UNDER THREAT: The Bureau of Investigative Journalism told the story of Kim Rebholz – an environmentalist who was threatened for his work curbing illegal logging in Democratic Republic of Congo’s mangrove parks.
SPOTLIGHT ON STARMER: YouTuber Simon Clark has published a video of himself interviewing prime minister Keir Starmer about the UK’s actions on climate and nature, at COP30 and domestically.
INSIDE COP:Outrage and Optimism is running a “special edition” podcast series in partnership with the COP30 presidency, bringing “exclusive, behind-the-scenes access” to the conference.
Coming up
- 14-21 November: UN Climate Change conference (COP30) heads into its crucial second week in Belém
- 15 November: Informal stocktaking plenary of COP30 talks by the Brazilian presidency
- 17 November: Launch of the Global Methane Status Report
Pick of the jobs
- International Energy Agency, intern, China programme | Stipend: €1,000/month. Location: Paris
- Channel 4, sustainability production executive | Salary: £48,125. Location: Bristol, Glasgow or Leeds, UK
- World Bank, environmental specialist | Salary: “GF” grade. Location: Yaounde, Cameroon
- Greenpeace, climate and energy campaigner | Salary: Unknown. Location: Bangkok, Thailand
DeBriefed is edited by Daisy Dunne. Please send any tips or feedback to debriefed@carbonbrief.org.
This is an online version of Carbon Brief’s weekly DeBriefed email newsletter. Subscribe for free here.
The post DeBriefed 14 November 2025: COP30 DeBriefed: Finance and 1.5C loom large at talks; China’s emissions dip; Negotiations explained appeared first on Carbon Brief.
Developed countries have poured billions of dollars into railways across Asia, solar projects in Africa and thousands of other climate-related initiatives overseas, according to a joint investigation by Carbon Brief and the Guardian.
A group of nations, including much of Europe, the US and Japan, is obliged under the Paris Agreement to provide international “climate finance” to developing countries.
This financial support can come in forms such as grants and loans from various sources, including aid budgets, multilateral development banks (MDBs) and private investments.
The flagship climate-finance target for more than a decade was to hit “$100bn a year” by 2020, which developed countries met – albeit two years late – in 2022.
Carbon Brief and the Guardian have analysed data across more than 20,000 global climate projects funded using public money from developed nations, including official 2021 and 2022 figures, which have only just been published.
The data provides a detailed insight into how the $100bn goal was reached, including funding for everything from sustainable farming in Niger to electricity projects in the United Arab Emirates (UAE).
With developed countries now pledging to ramp up climate finance further, the analysis also shows how donors often rely on loans and private finance to meet their obligations.
- The $100bn target was reached in 2022, boosted by private finance and the US
- Relatively wealthy countries – including China and the UAE – were major recipients
- A tenth of all direct climate finance went to Japan-backed rail projects
- There was funding for more than 500 clean-power projects in African countries
- Some ‘least developed’ countries relied heavily on loans
- US shares in development banks significantly inflated its total contribution
- Adaptation finance still lags, but climate-vulnerable countries received more
- Methodology
The $100bn target was reached in 2022, boosted by private finance and the US
A small handful of countries have consistently been the top climate-finance donors. This remained the case in 2021 and 2022, with just four countries – Japan, Germany, France and the US – responsible for half of all climate finance, the analysis shows.
Not only was 2022 the first year in which the $100bn goal was achieved, it also saw the largest ever single-year increase in climate finance – a rise of $26.3bn, or 29%, according to the Organisation for Economic Cooperation and Development (OECD).
(It is worth noting that while OECD figures are often referenced as the most “official” climate-finance totals, they are contested.)
Half of this increase came from a $12.6bn rise in support from MDBs – financial institutions that are owned and funded by member states. The rest can be attributed to two main factors.
First, while several donors ramped up spending, the US drove by far the biggest increase in “bilateral” finance, provided directly by the country itself.
After years of stalling during the first Donald Trump presidency, when Joe Biden took office in 2021, the nation’s bilateral climate aid more than tripled between that year and the next.
Meanwhile, after years of “stagnating” at around $15bn, the amount of private investments “mobilised” in developing countries by developed-country spending surged to around $22bn in 2022, according to OECD estimates.
As the chart below shows, the combination of increased US contributions and higher private investments pushed climate finance up by nearly $14bn in 2022, helping it to reach $115.9bn in total.
Both of these trends are still pertinent in 2025, following a new pledge made at COP29 by developed countries to ramp up climate finance to “at least” $300bn a year by 2035.
After years of increasing rapidly under Biden, US bilateral climate finance for developing countries has been effectively eliminated during Trump’s second presidential term. Other major donors, including Germany, France and the UK, have also cut their aid budgets.
This means there will be more pressure on other sources of climate finance in the coming years. In particular, developed countries hope that private finance can help to raise finance into the trillions of dollars required to achieve developing countries’ climate goals.
Some higher-income countries – including China and the UAE – were major recipients
The greatest beneficiaries of international climate finance tend to be large, middle-income countries, such as Egypt, the Philippines and Brazil, according to the analysis.
(The World Bank classifies countries as being low-, lower-middle, upper-middle or high-income, according to their gross national income per person.)
Lower-middle income India received $14.1bn in 2021 and 2022 – nearly all as loans – making it by far the largest recipient, as the chart below shows.
Most of India’s top projects were metro and rail lines in cities, such as Delhi and Mumbai, which accounted for 46% of its total climate finance in those years, Carbon Brief analysis shows. (See: A tenth of all direct climate finance went to Japan-backed rail projects.)
As the world’s second-largest economy and a major funder of energy projects overseas, China – classified as upper-middle income by the World Bank – has faced mounting pressure to start officially providing climate finance. At the same time, the nation received more than $3bn of climate finance over this period, as it is still classed as a developing country under the UN climate system.
High-income Gulf petrostates are also among the countries receiving funds. For example, the UAE received Japanese finance of $1.3bn for an electricity transmission project and a waste-to-energy project.
To some extent, such large shares simply reflect the size of many middle-income countries. India received 9% of all bilateral and multilateral climate finance, but it is home to 18% of the global population.
The focus on these nations also reflects the kind of big-budget infrastructure that is being funded.
“Middle-income economies tend to have the financial and institutional capacity to design, appraise and deliver large-scale projects,” Sarah Colenbrander, climate programme director at global affairs thinktank ODI, tells Carbon Brief.
Donors might focus on relatively higher-income or powerful nations out of self-interest, for example, to align with geopolitical, trade or commercial interests. But, as Colenbrander tells Carbon Brief, there are also plenty of “high-minded” reasons to do so, not least the opportunity to help curb their relatively high emissions.
A tenth of all direct climate finance went to Japan-backed rail projects
Japan is the largest climate-finance donor, accounting for a fifth of all bilateral and multilateral finance in 2021 and 2022, the analysis shows.
Of the 20 largest bilateral projects, 13 were Japanese. These include $7.6bn of loans for eight rail and metro systems in major cities across India, Bangladesh and the Philippines.
In fact, Japan’s funding for rail projects was so substantial that it made up 11% of all bilateral finance. This amounts to 4% of climate finance from all sources.
While these rail projects are likely to provide benefits to developing countries, they also highlight some of the issues identified by aid experts with Japan’s climate-finance practices.
As was the case for more than 80% of Japan’s climate finance, all of these projects were funded with loans, which must be paid back. Nearly a fifth of Japan’s total loans were described as “non-concessional”, meaning they were offered on terms equivalent to those offered on the open market, rather than at more favourable rates.
Many Japan-backed projects also stipulate that Japanese companies and workers must be hired to work on them, reflecting the government’s policies to “proactively support” and “facilitate” the overseas expansion of Japanese business using aid.
Documents show that rail projects in India and the Philippines were granted on this basis.
This practice can be beneficial, especially in sectors such as rail infrastructure, where Japanese companies have considerable expertise. Yet, analysts have questioned Japan’s approach, which they argue can disproportionately benefit the donor itself.
“Counting these loans as climate finance presents a moral hazard…And such loans tied to Japanese businesses make it worse,” Yuri Onodera, a climate specialist at Friends of the Earth Japan, tells Carbon Brief.
There was funding for more than 500 clean-power projects in African countries
Around 730 million people still lack access to electricity, with roughly 80% of those people living in sub-Saharan Africa.
As part of their climate-finance pledges, donor countries often support renewable projects, transmission lines and other initiatives that can provide clean power to those in need.
Carbon Brief and the Guardian have identified funding for more than 500 clean-power and transmission projects in African countries that lack universal electricity access. In total, these funds amounted to $7.6bn over the two years 2021-22.
Among them was support for Chad’s first-ever solar project, a new hydropower plant in Mozambique and the expansion of electricity grids in Nigeria.
The distribution of funds across the continent – excluding multi-country programmes – can be seen in the map below.
A lack of clear rules about what can be classified as “climate finance” in the UN climate process means donors sometimes include support for fossil fuels – particularly gas power – in their totals.
For example, Japan counted an $18m loan to a Japanese liquified natural gas (LNG) company in Senegal and roughly $1m for gas projects in Tanzania.
However, such funding accounted for a tiny fraction of sub-Saharan Africa’s climate finance overall, amounting to less than 1% of all power-sector funding across the region, based on the projects identified in this analysis.
Some ‘least developed’ countries relied heavily on loans
One of the most persistent criticisms levelled at climate finance by developing-country governments and civil society groups is that so much of it is provided in the form of loans.
While loans are commonly used to fund major projects, they are sometimes offered on unfavourable terms and add to the burden of countries that are already struggling with debt.
The International Institute for Environment and Development (IIED) has shown that the 44 “least developed countries” (LDCs) spend twice as much servicing debts as they receive in climate finance.
Developed nations pledged $33.4bn in 2021 and 2022 to the 44 LDCs to help them finance climate projects. In total, $17.2bn – more than half of the funding – was provided as loans, primarily from Japan, France and development banks.
The chart below shows how, for a number of LDCs, loans continue to be the main way in which they receive international climate funds.
For example, Angola received $216.7m in loans from France – primarily to support its water infrastructure – and $571.6m in loans from various multilateral institutions, together amounting to nearly all the nation’s climate finance over this period.
Oxfam, which describes developed countries as “unjustly indebting poor countries” via loans, estimates that the “true value” of climate finance in 2022 was $28-35bn, roughly a quarter of the OECD’s estimate. This is largely due to Oxfam discounting much of the value of loans.
However, Jan Kowalzig, a senior policy adviser at Oxfam Germany, tells Carbon Brief that, “generally, LDCs receive loans at better conditions” than they would have been able to secure on the open market, sometimes referred to as “concessional” loans.
US shares in development banks significantly raised its total contribution
The US has been one of the world’s top climate-finance providers, accounting for around 15% of all bilateral and multilateral contributions in 2021 and 2022.
Despite this, US contributions have consistently been viewed as relatively low when considering the nation’s wealth and historical role in driving climate change.
Moreover, much of the climate finance that can be attributed to the US comes from its MDB shareholdings, rather than direct contributions from its aid budget.
These banks are owned by member countries and the US is a dominant shareholder in many of them.
The analysis reveals that around three-quarters of US climate finance provided in 2021-22 came via multilateral sources, particularly the World Bank. (For information on how this analysis attributes multilateral funding to donors, see Methodology.)
Among other major donors – specifically Japan, France and Germany – only a third of their finance was channelled through multilateral institutions. As the chart below shows, multilateral contributions lifted the US from being the fifth-largest donor to the third-largest.
While the Trump administration has cut virtually all overseas climate funding and broadly rejected multilateral institutions, the US has not yet abandoned its influential stake in MDBs.
Prior to COP29 in 2024, only MDB funds that could be attributed to developed country inputs were counted towards the $100bn goal, as part of those nations’ Paris Agreement duties.
However, countries have now agreed that “all climate-related outflows” from MDBs – no matter which donor country they are attributed to – will count towards the new $300bn goal.
This means that, as long as MDBs continue extensively funding climate projects, there will still be a large slice of climate finance that can be attributed to the US, even as it exits the Paris Agreement.
Adaptation finance still lags, but climate-vulnerable countries received more
Under the Paris Agreement, developed countries committed to achieving “a balance between adaptation and mitigation” in their climate finance.
The idea is that, while it is important to focus on mitigation – or cutting emissions – by supporting projects such as clean energy, there is also a need to help developing countries prepare for the threat of climate change.
Generally, adaptation projects are less likely to provide a return on investment and are, therefore, more reliant on grant-based finance.
In practice, a “balance” between adaptation and mitigation has never been reached. Over the period of this analysis, 58% of climate finance was for mitigation, 33% was for adaptation and the remainder was for projects that contributed to both goals.
This reflects a preference for mitigation-based financing via loans among some major donors, particularly Japan and France. Both countries provided just a third of their finance for adaptation projects in 2021 and 2022.
However, among some of the most climate-vulnerable countries – including land-locked parts of Africa and small islands – most funding was for adaptation, as the chart below shows.
Among the projects receiving climate-adaptation funds were those supporting sustainable agriculture in Niger, improving disaster resilience in Micronesia and helping those in Somalia who have been internally displaced by “climate change and food crises”.
Methodology
The joint Guardian and Carbon Brief analysis of climate finance includes the bilateral and multilateral public finance that developed countries pledged for climate projects in developing countries. It covers the years 2021 and 2022.
(These “developed” countries are the 23 “Annex II” nations, plus the EU, that are obliged to provide climate finance under the Paris Agreement.)
The analysis excludes other types of funding that contribute to the $100bn climate-finance target for climate projects, such as export credits and private finance “mobilised” by public investments. Where these have been referenced, the figures are OECD estimates. They are excluded from the analysis because export credits are a small fraction of the total, while private finance mobilised cannot be attributed to specific donor countries.
Data for bilateral funding comes from the biennial transparency reports (BTRs) each country submits to the UNFCCC. The lag in official reporting means the most recent figures – published around the end of 2024 and start of 2025 – only go up to 2022.
Many of the bilateral projects recorded by countries do not specify single recipients, but instead mention several countries. These projects have not been included when calculating the amount of finance individual developing countries received, but they are included in the total figures.
The multilateral funding, including projects funded by MDBs and multilateral climate funds, comes from the OECD. Many countries – including developing countries – pay into these institutions, which then use their money to fund climate projects and, in the case of MDBs, raise additional finance from capital markets.
This analysis calculated the shares of the “outflows” from multilateral institutions that can be attributed to developed countries. It adapts the approach used by the OECD to calculate these attributable shares for developed countries as a whole group.
As the OECD does not publish individual donor country shares that make up the total developed-country contribution, this analysis calculated each country’s attributable shares based on shareholdings in MDBs and cumulative contributions to multilateral funds. This was based on a methodology used by analysts at the World Resources Institute and ODI. There were some multilateral funds that could not be assigned using this methodology, which are therefore not captured in each country’s multilateral contribution.
The post Analysis: Seven charts showing how the $100bn climate-finance goal was met appeared first on Carbon Brief.
Analysis: Seven charts showing how the $100bn climate-finance goal was met
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