A lack of money is hampering the work of the Intergovernmental Panel on Climate Change (IPCC) and a substantial funding boost is needed to ensure its scientists can complete their next set of flagship reports, the chair of the UN body has warned.
Funding from governments fell in 2024 and 2025 and the organisation could run out of money by 2028 unless it receives fresh funds or implements spending cuts, chair Jim Skea told an official meeting of IPCC scientists in Bangkok last week, according to the Earth Negotiations Bulletin (ENB), which provides coverage of UN negotiations.
Skea told the IPCC’s 64th session that without a substantial increase in contributions, the completion of the next set of reports, known as AR7, would be jeopardised.
To deal with this crisis, the IPCC is now considering cutting costs by holding meetings virtually, reducing staff travel, media training, recruitment, pay and website upgrades and cutting down on the editing, translating and printing of its reports, according to scenarios prepared by the IPCC secretariat.
Nepal’s representative Manjeet Dhakal told Climate Home News he was concerned about the situation, while the ENB report said Japan’s government had called the funding crunch alarming.
While South Korea and Sweden announced increased funding, the European Union – a major funder – cautioned against assuming past contributors will continue to give the same amounts, ENB reported.
No end to row over reports’ timing
The five AR7 reports, which will assess how the climate is changing, how to adapt, how to cut emissions, a synthesis report and a special report on climate change and cities – are further threatened by a long-running disagreement over when they should be completed.
While some countries want them finished by 2028, so they can feed into the UN climate process’s five-yearly global stocktake, others say this is too rushed and want to stick to the IPCC’s usual seven-year cycle, meaning reports would be finished by 2030.
Despite not being on the initial agenda, this issue dominated much of the scientists’ time in Bangkok. With time running out as delegates flew home, the meeting was unable to agree even on a plan to reach agreement by the next meeting in October 2026, ENB said.
Delegates also failed to agree to approve reports of previous meetings, after arguing over transparency, and were divided on how to respond to a scientific conference on climate tipping points.
Funding cuts
To fund its work, the IPCC relies on voluntary funding from governments. Most of the money is spent funding the participation of scientists from developing countries, the IPCC says.
But a report prepared by the IPCC secretariat for the Bangkok meeting said that “in recent years, the IPCC’s financial situation has come under strain, including amid current geopolitical challenges”.
It did not mention any governments, but reduced US funding has had a major impact, the IPCC’s financial documents show.
During Joe Biden’s presidency, the US gave the IPCC an average of $1.7 million a year, but President Donald Trump announced he would end US support and the latest data shows the US contributed no money in the first half of 2025.
The IPCC spent more money than it received in 2024 and the shortfall grew in 2025, prompting the raft of cost-cutting proposals – from switching to online meetings to cutting budgets for translating reports.
Further cost savings could be achieved, the IPCC said, by suspending IPCC travel to outreach events, freezing non-essential updates to the IPCC’s website, not creating any new staff positions until at least 2029 and no longer providing media training for the IPCC’s scientists.
Richard Klein, a scientist who has been involved in the IPCC since 1994, told Climate Home News there was “a growing discrepancy between the ambition of the IPCC and what is feasible given the budget”.
“In the end it means more pressure on authors who are already volunteering their time, and quite possibly less inclusivity of experts from developing countries,” he said.
Nepal’s Dhakal, who advises the Least Developed Countries group, called on governments to give more money to the IPCC and for the IPCC secretariat to “explore options to reduce costs without compromising inclusivity, particularly for small delegations and those with limited capacity to engage”.
Bitter divides on timeline
Since January 2024, delegates to IPCC meetings have been arguing over when the deadline for the AR7 reports should be. Delegations including Saudi Arabia and India have opposed attempts to ensure that the reports are published by 2028, in time to inform the second global stocktake.
The issue was not included on the Bangkok meeting’s formal draft agenda, with ENB reporting that Skea said this was because he did not think delegations had shown enough flexibility to be able to resolve it.
After pressure from Saudi Arabia, India and several others, the issue was added to the agenda despite delegations complaining that their governments had not authorised them to discuss it and that many countries were not represented at the meeting.
But, after four days, delegates were unable to even agree on a plan on how to reach agreement by the next meeting in October. Nepal’s Dhakal said he was “concerned with the lack of agreement on delivering the full AR7 package by 2028 to inform the second global stocktake”.

France’s Environment Ministry said in a statement that it had “deep concern at attempts to slow down and arbitrarily delay the publication schedule for the reports”.
Klein said that, while scientists are continuing their work on these reports, the likelihood of them being finalised before the second global stocktake “diminishes with every delay in making a decision”.
Transparency and tipping points
Delegates were also divided on the usually-routine issue of approving the summaries, prepared by the IPCC secretariat, of previous meetings.
According to ENB, France, Germany and Belgium wanted reports to specify speakers’ names. While France said reports should include everything that has been said by all delegates, Saudi Arabia responded that this would be unacceptable. The issue was deferred to the next meeting in October.
Saudi Arabia and India also objected to a reference in a report to a workshop that took place at Paris’s Sorbonne University in November on “tipping points and their consequences”. They argued that the concept of tipping points, which are thresholds beyond which the Earth’s climate changes suddenly, was contentious at the IPCC, ENB reported.
While journalists are not allowed to observe IPCC sessions, staff from ENB – which is an arm of the IISD think tank – are allowed to watch sessions and report on what is said.
The post Funding gap threatens next round of IPCC climate science reports, chair warns appeared first on Climate Home News.
Funding gap threatens next round of IPCC climate science reports, chair warns
Climate Change
Santa Marta process can confront trade protection for fossil fuels, experts say
Just as Colombia – a coal-producing country that has halted new exploration licenses for hydrocarbons – was set to host the first fossil fuel phase-out summit in late April, the government received notice from a foreign energy firm operating on its soil. It was being sued for millions of dollars.
One day before Colombia hosted representatives from around 60 countries for the first Global Conference on Transitioning Away from Fossil Fuels, Spain-based firm Termocandelaria Power, which operates two of the country’s diesel- and gas-fired power plants, sued the government for $198 million alleging a breach of investor protection rules under a bilateral agreement.
Termocandelaria said government measures since 2024 have prevented its Colombian subsidiaries from receiving full payment for the power they supplied to a public utility, while the Colombian government justified its actions as needed to guarantee financial solvency and deliver electricity to rural communities.
While Termocandelaria declined to comment for this article, the company said in a press release last month that investment protection treaties “are designed to provide a stable and predictable legal framework for long-term investments in strategic sectors”.
The timing shows how trade agreements that offer investors protection when government decisions are seen as causing harm to their business – a system known as investor-state dispute settlement (ISDS) – can hamper the transition away from fossil fuels even when countries are pushing for it. Governments in the Global South are particularly exposed, experts told Climate Home News.
As part of the official academic contribution to the Santa Marta conference, researchers recommended that governments should “recognise” ISDS as a barrier to the energy transition, and called for negotiations on an international initiative to dismantle ISDS protection for fossil fuel investments, either through “a new standalone” international agreement or as part of a broader treaty.
Mario Osorio, a research fellow at the Center for Economic and Policy Research (CEPR), said Termocandelaria’s claim against Colombia “puts in perspective how serious, concrete and real these threats are” for developing countries.
Osorio said the second fossil fuel transition conference – to be held next year in Tuvalu – presents an opportunity for advancing ISDS reform from discussion to “something more concrete”.

Colombia pledges to exit ISDS
ISDS is a mechanism in international trade that allows foreign corporations – many of them linked to fossil fuel interests – to sue governments in international arbitration courts. One 2022 study estimated that possible legal claims from fossil fuel investors could reach $340 billion.
In the lead-up to the Santa Marta conference, Colombian President Gustavo Petro pledged to exit the ISDS system by reviewing Colombia’s 129 investment protection agreements. This came after more than 200 economists sent Petro an open letter urging Colombia to abandon the ISDS system.
Eunjung Lee, a senior policy advisor at UK-based think-tank E3G, said the Santa Marta conference had helped elevate ISDS reform as a key element of the transition away from fossil fuels, despite the issue remaining relatively little-known, even among climate negotiators.
She added that governments tend to be cautious about discussing ISDS at climate summits, as these treaties also implicate trade and economy ministries. “If it is not your file, then you can’t really say much about it and taking action is not necessarily up to you,” she explained.
Kyla Tienhaara, Canada Research Chair in Economy and Environment and a professor at Queen’s University who has worked on the issue for two decades, said the conference in Santa Marta marked a new approach, and that Colombia had placed ISDS “prominently in the agenda”.
The next transition conference presents an opportunity for governments to land on something more practical, particularly under the agreed work stream on “macroeconomic dependence and financial architecture”, but it will depend on the co-chairs Tuvalu and Ireland, she said.
Ireland was sued in May by oil company Lansdowne for failing to award a lease in the Barryroe offshore field. The claim was made under the Energy Charter Treaty (ECT), which fossil fuel companies have used to sue several governments over the consequences of enacting their climate policies.
Following a similar move by some other European states, Ireland left the ECT in April while the Santa Marta conference was ongoing, but existing fossil fuel investments are still protected for 20 years under a “sunset clause”.
“Disappointing” conference report
Despite the prominence of the issue in the conference rooms, experts told Climate Home that the chairs’ takeaways report was “disappointing”, as it did not explicitly mention ISDS as a key obstacle to the energy transition.
The Netherlands, which co-hosted the summit, may have faced conflicting interests, said Tienhaara, as it is second only to the US as a “home state” for the investors bringing the most ISDS cases, including foreign companies structuring their investments through the country.
The Dutch government also withdrew from the ECT last year, which means it understands and has acted on the threat of investment treaties to climate action, the researcher said. “Unfortunately, they seem unwilling to extend their concern to the harm that these treaties cause in other countries, particularly in the Global South,” she added.
Lee of E3G said Global North countries like the Netherlands tend to export capital to developing countries, which is why they seek to protect their investors’ interests and are unlikely to drive a dismantling of the ISDS system themselves.
Developing countries like Colombia, which have been negatively affected by ISDS claims, have an incentive in “voicing their concerns” and forming a bloc around this topic. “Uniting Global South countries can make a stronger case,” Lee said.
The post Santa Marta process can confront trade protection for fossil fuels, experts say appeared first on Climate Home News.
Santa Marta process can confront trade protection for fossil fuels, experts say
Climate Change
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Climate Change
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