Multilateral development banks provide record $163 billion in climate finance in 2025

Climate finance to low- and middle-income countries rose 21 percent to $103 billion, while total finance hit a record $163 billion.

Scraper SystemJuly 13, 2026, 08:40 PM

Multilateral development banks provide record $163 billion in climate finance in 2025

Multilateral development banks announced their 2025 climate finance data in a joint report. According to the report, climate finance for low- and middle-income countries rose 21 percent compared to the previous year to $103 billion.

Total climate finance, including high-income economies, rose 19 percent to $163 billion, reaching an all-time high.

Of the $103 billion in finance provided to low- and middle-income countries, $68 billion was allocated to projects aimed at mitigating the effects of climate change, and $35 billion to adaptation efforts. The private sector's contribution to these countries was recorded at $35 billion.

Of the $60 billion in climate finance channeled to high-income economies, $53 billion went to mitigation and $7 billion to adaptation projects. The private sector's climate finance for high-income countries reached $80 billion.

The report noted that climate finance provided by multilateral development banks to low- and middle-income economies has doubled in the last five years. The 2030 target of $60 billion for high-income economies was reached in 2025.