International Climate Finance

Summary of proposal

The proposal would provide capped funding for international climate finance of:

  • $1 billion in 2026-27 to support countries and communities affected by climate crises
  • $4 billion annually from 2027-28 to 2030-31 to strengthen global climate action by increasing climate finance.

The proposal would be non-ongoing, not indexed and start from 1 July 2026.

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International Climate Finance

Summary of proposal

The proposal would provide capped funding for international climate finance of:

  • $1 billion in 2026-27 to support countries and communities affected by climate crises
  • $4 billion annually from 2027-28 to 2030-31 to strengthen global climate action by increasing climate finance.

The proposal would be non-ongoing, not indexed and start from 1 July 2026.

Read more