Ahead of the COP30 climate meeting starting in Belem, Brazil, next week, a new report on climate finance has asked developed countries to work together to formulate a clear delivery plan by next year for the $300 billion per year that they have promised to mobilise every year from 2035 to help developing nations deal with climate change.

The report has also asked the developed nations to significantly scale up current levels of grants and concessional finance being provided through bilateral or multilateral channels to help efforts to raise more resources for the developing countries, in addition to the $300 billion that has been promised.

The Report on Baku to Belem Roadmap to 1.3T was commissioned last year to address the disappointment among the developing countries over the finance d

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