Developing countries in parentheses as richer nations delay climate funding

Developing countries are struggling due to the lack of clear climate financing plans from wealthier nations. By 2035, they are expected to receive $300 billion annually to address climate impacts, but many rich countries have not set their targets. An analysis indicates that developed nations are on track to meet this goal, yet transparency remains an issue. The EU is likely to maintain its contributions, but gaps still exist. Some countries, including Australia and Germany, have not disclosed their new financing goals, raising concerns among developing nations. The COP31 negotiations in Turkey highlight these challenges, with calls for more clarity on funding commitments.