What to Expect on Climate and Finance at COP26
Summary
The success of COP26 is heavily dependent on resolving climate finance disputes, specifically the fulfillment of the $100 billion annual goal for developing countries. Beyond this, the agenda includes establishing a post-2025 quantified finance goal, increasing adaptation funding, and addressing loss and damage. Parallel to formal UNFCCC negotiations, private sector initiatives like the Glasgow Financial Alliance for Net Zero and political signals regarding the cessation of fossil fuel investments are expected to influence the outcome.
Key insights
- The fulfillment of the annual $100 billion climate finance goal, established in 2009 and formalized in 2010, is critical for maintaining trust in the Paris Agreement. A Delivery Plan led by Canada and Germany has confirmed that developed nations have not yet met this commitment.
- While global climate finance flows averaged $775 billion annually between 2017 and 2018 (a 16% increase from 2015-2016), public finance support from developed to developing countries only grew by 2.7% during that same period.
Cite the original document
- APA
- Berek, W. (2021). What to Expect on Climate and Finance at COP26. World Resources Institute. https://www.wri.org/technical-perspectives/what-expect-climate-and-finance-cop26
- Chicago
- Berek, William. What to Expect on Climate and Finance at COP26. World Resources Institute, 2021. https://www.wri.org/technical-perspectives/what-expect-climate-and-finance-cop26.
- Wikipedia
- {{cite report |last1=Berek |first1=William |title=What to Expect on Climate and Finance at COP26 |publisher=World Resources Institute |date=28 October 2021 |url=https://www.wri.org/technical-perspectives/what-expect-climate-and-finance-cop26 |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{berek2021what, author = {Berek, William}, title = {{What to Expect on Climate and Finance at COP26}}, institution = {World Resources Institute}, year = {2021}, month = oct, url = {https://www.wri.org/technical-perspectives/what-expect-climate-and-finance-cop26}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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