Ongoing cuts by rich nations to foreign aid are threatening their pledge to double finance by the end of this year to help developing countries adapt to climate change, a new report has warned.
Adaptation finance provided by developed countries is expected to decrease as a result of reductions in overseas development spending and may only reach $26 billion in 2025, according to projections by NGOs Oxfam and the CARE Climate Justice Centre.
That would be far short of the estimated $40 billion needed to honour the promise developed countries made four years ago at COP26 in Glasgow to double their adaptation finance from 2019 levels.
Even if achieved, the goal represents a small fraction of the estimated $215 billion-$387 billion a year that developing nations need to become more resilient in a warming world.
International adaptation funding needs to grow sixfold to $12 billion a year for small island developing states (SIDS), which face an existential threat from rising seas, according to a separate report by the Global Center on Adaptation (GCA) out this week.
Foreign aid slashed
Resilience-boosting interventions in poorer countries have historically relied to a large extent on foreign aid, which is now shrinking as wealthy donors redirect cash to other areas, such as defence. Most notably, the Trump administration has dismantled the US Agency for International Development (USAID) – but other wealthy donors, including Germany and France, have also slashed aid spending in 2025.
Overall, overseas development aid (ODA) is expected to decline by between 9% and 17% in 2025, on top of a 9% drop in 2024, according to the Organisation for Economic Co-operation and Development (OECD).
John Norbo, a senior climate advisor at CARE Denmark, said aid cuts in wealthy countries leave “the poorest to pay the price, sometimes with their lives”.
“Rich countries are failing on climate finance and they have nothing like a plan to live up to their commitments to increase support,” he added. “COP30 must deliver justice, not another round of empty promises.”
Brazil’s COP30 presidency has promised that adaptation will be a “central theme” of the summit.
Governments are expected to agree on a list of around 100 indicators to track resilience to climate change as part of the Global Goal on Adaptation, while also being encouraged – along with the private sector – to help fund measures in National Adaptation Plans – whether rural water management, resilient health systems, or city heat assessments.
“We are expecting – and stand ready – to support all countries that are willing to use COP30 as a platform to show their leadership on adaptation finance, on adaptation planning, on adaptation delivery,” Alice de Moraes Amorim Vogas, programme director for the COP30 presidency, told a recent event at Climate Week in New York.
But it is still unclear whether governments will agree at COP30 on any new dedicated financial target to replace the expiring one. The world’s poorest nations – represented in the climate negotiations by the Least Developed Countries (LDCs) group – are calling for a fresh commitment to triple adaptation finance by 2030 on 2022 levels.
Loans for adaptation add to debt burdens
The research by Oxfam and CARE also found that a significant share of climate finance – including for adaptation – is still provided as loans that, the campaigning groups say, burden developing countries with debt for a crisis that they did not cause.
For the 2021-2022 period, loans made up on average 41% of adaptation finance provided directly by wealthy governments and around three-quarters of adaptation funding disbursed by multilateral institutions such as development banks, the report found.
The NGOs estimated that developing countries will have to pay back between 30% and 50% more of the money they were lent in 2022 for adaptation programmes as a result of interest repayments.
For Oxfam’s climate policy lead Nafkote Dabi, this represents a form of “crisis profiteering”. “Rich countries are treating the climate crisis as a business opportunity, not a moral obligation,” she said.
‘Running out of time’
France, Japan, Italy and Spain provided most of their climate finance over the 2021-2022 period as loans or other non-grant instruments such as equity. On the other hand, grants made up all, or nearly all, of climate finance contributions made by Denmark, the Netherlands, Switzerland and Australia, the report found.
For small island states, which also receive nearly half of their adaptation money as loans, a relatively modest uptick in funding support can go a long way in shielding them from escalating climate impacts, the GCA report found. The estimated $12 billion in annual climate finance needed is a large sum for SIDS, but represents only 1.2% of all global climate finance flows, it added.
“We face rising seas, threats to food and water security, and we are running out of time,” Hilda Heine, president of the Marshall Islands, said in a statement. “Adaptation remains our most urgent priority. It is our first line of defence.”
The post Foreign aid cuts put adaptation finance pledge at risk, NGOs warn appeared first on Climate Home News.
Foreign aid cuts put adaptation finance pledge at risk, NGOs warn
Climate Change
Greenpeace delivers 47 metre-long petition with half a million signatures to Woodside HQ following major gas protest
Greenpeace delivers 47 metre-long petition with half a million signatures to Woodside HQ following major gas protest
PERTH, Monday 19 October 2026 — Dozens of Perth community members delivered a giant petition, signed by almost half a million people, to Woodside’s corporate headquarters this morning, calling on the government to save Scott Reef from Woodside’s reckless Browse gas proposal.
Dressed in sea creature costumes and hats, supporters carried one of Australia’s biggest environmental petitions to Woodside’s headquarters, and a local choir performed a ‘Scott Reef’ rendition of Angie McMahon’s iconic cover of ‘Reckless’ by Australian Crawl.
On the sidelines of the Perth Global Citizen Now event, it comes following a two day-long protest at Woodside’s Scarborough gas platform that saw activists scale and occupy the Floating Production Unit calling to “Stop Woodside’s Dirty Gas” and “Save Scott Reef”. The activists were taken from the platform by police helicopter on Sunday afternoon.
David Ritter, CEO at Greenpeace Australia Pacific, said: “Less than a day after two Greenpeace Australia Pacific activists were arrested for their peaceful protest at Woodside’s Scarborough gas platform to save Scott Reef, we are here again with another message to Woodside: half a million of us do not want your dirty gas at Scott Reef.
“Community pressure on Woodside is rising. Today we are here to show Woodside that they can’t ignore half a million people who want Scott Reef protected, not turned into an industrialised gas zone.
“Woodside can’t be trusted with our oceans. Woodside’s plans to drill up to 57 toxic wells at Scott Reef, Australia’s largest oceanic reef, putting endangered pygmy blue whales at risk, and jeopardising a nesting ground for unique green sea turtles.
“We Australians love our oceans and this is an opportunity for our governments to do the right thing, to reject Woodside’s reckless drilling plans, and save Scott Reef.”
-ENDS-
Media contact
Kate O’Callaghan on +61 406 231 892 or Emma Sangalli on +61 431 513 465
Climate Change
Greenpeace Australia Pacific activists in police custody after two-day protest against Woodside’s Browse gas project at Scott Reef
PERTH, Sunday 18 October 2026 — Two Greenpeace Australia Pacific activists are in police custody after occupying a gas platform at Woodside’s Scarborough gas project, in peaceful protest of the fossil fuel corporation’s plans to drill for oil and gas at Scott Reef.
NEW footage and photos of the peaceful protest available here and on Instagram
The activists used specialised climbing equipment to scale and attach themselves to a Floating Production Unit (FPU), a key piece of gas processing infrastructure at the Scarborough gas field over 200km off the coast of Exmouth, at around 05:45am AWST on Saturday and proceeded to occupy the platform for two days, displaying banners reading “Stop Woodside’s Dirty Gas. Save Scott Reef.”
Special police forces landed a helicopter on the FPU at around 11:30am AWST. The activists safely removed themselves from their equipment before being taken into police custody around 1:00pm AWST. At the time of writing, no charges have been laid.
David Ritter, CEO at Greenpeace Australia Pacific, said: “It takes guts and conviction to do what our activists have done, peacefully protesting Woodside’s reckless gas plans at Scott Reef.
“Woodside’s plans to drill up to 57 toxic wells at Scott Reef are outrageous. If allowed to go ahead Woodside would turn Scott Reef, Australia’s largest oceanic reef, home to nesting green sea turtles and elusive pygmy blue whales, into an industrial gas zone. Around half a million people have called on our governments to stop Woodside and to save Scott Reef.
“Our activists are highly trained and experienced in these activities. West Australia has a proud history of peaceful, democratic protest at sea, to protect our oceans from environmental threats. From whaling in Albany in the seventies, to Woodside’s threat to Scott Reef today, there’s more than fifty years of history, of Greenpeace taking action off WA’s coast to protect the places we love.
“Peaceful protest has long been part of what has given us so many of the things that are great about Australia and is part of the fabric of our democracy and our national identity.”
“The right to peaceful protest is fundamental to a healthy democracy. From Australia to the Arctic and the Amazon, Greenpeace has been peacefully protesting for more than 50 years to expose the biggest environmental threats around the world. We will not be silenced by corporations like Woodside who actively try to stop everyday people from speaking out against their reckless plans.
“Woodside’s reckless proposal to drill at Scott Reef is an unacceptable risk to Scott Reef and to the climate, which our government should emphatically reject.”
Speaking from the Rainbow Warrior, Captain of the Rainbow Warrior Hettie Geenen, said:
“It felt powerful watching from the Rainbow Warrior as these brave activists scaled Woodside’s enormous and imposing gas infrastructure, which has no place at Scott Reef. We are all out here because we feel an urge to act, in the face of Woodside’s grave threat to Scott Reef and to our climate. Now we ask for the Australian government to act too, and reject Woodside’s reckless Browse project.
“Just before this peaceful protest, the Rainbow Warrior sailed to Scott Reef, where our whole crew got to witness the magic of an untouched, healthy reef ecosystem full of marine life. It was my second time visiting Scott Reef with the Rainbow Warrior. When you see Scott Reef up close and witness its magic first hand, it is impossible not to feel driven to try and protect it.”
The activists sailed to Scarborough on the Rainbow Warrior, Greenpeace’s flagship vessel, which is in the region campaigning to protect Australia’s oceans, including Scott Reef.
-ENDS-
Media contact
Greenpeace Australia Pacific media team in Perth on +61 406 231 892 or +61 407 581 404 or email media.au@greenpeace.org
Climate Change
GREENPEACE GAS PROTEST DAY TWO: Activists spend first night on Woodside’s Scarborough gas platform, “in this for the long haul”
- NEW footage and photos available here and on Instagram – more being uploaded today.
- Interviews available with campaigners on board the Rainbow Warrior on request.
Greenpeace Australia Pacific activists have slept overnight on Woodside’s Floating Production Unit and dropped a massive 12×14-metre banner reading “Stop Woodside’s Dirty Gas. Save Scott Reef”.
Two activists have set up temporary hanging tents on the South East pillar, while the other two returned to the Rainbow Warrior late yesterday afternoon, after fulfilling their initial role. The activists will occupy the platform for as long as possible.
The environmental advocacy group is peacefully protesting Woodside’s plans to drill for oil and gas at Scott Reef as part of its Browse proposal.
Sakyo Noda, one of the Greenpeace Australia Pacific activists, said: “As a Japanese person living in Australia, I feel incredibly passionate about stopping Australia’s gas exports to Asia.
“Despite what the gas industry tells us, Australia’s gas is not helping to decarbonise Asia. It is simply not true. We shouldn’t be allowing fossil fuel companies like Woodside to extract new fossil fuels, let alone at extraordinary places like Scott Reef”.
Aboard the Rainbow Warrior, Geoff Bice, WA Campaign Lead at Greenpeace Australia Pacific, added, “Everyone is in good spirits. We’re in it for the long haul.”
Links:
Photos and video of Scott Reef here
Audio and footage of yesterday’s press conference here
Content and live updates will be uploaded to a live blog and Instagram
In-person interviews in Perth with David Ritter, CEO of Greenpeace Australia Pacific, can be organised. Dial-in, SimSat and Zoom interviews with Geoff Bice, WA Campaign Lead at Greenpeace Australia Pacific, currently aboard the Rainbow Warrior, can be organised.
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