Climate finance of $1.3tr a year targeted by 2035 under new roadmap
( November 5, 2025, 15:38 GMT | Official Statement) -- MLex Summary: Azerbaijan and Brazil, hosts of the COP29 and COP30 UN climate talks, have presented the “Baku to Belém Roadmap” to mobilize $1.3 trillion a year in climate finance for developing countries by 2035. The plan focuses on five priorities — from expanding low-cost capital to reforming financial systems — to boost sustainable investment, support climate adaptation and clean energy, and align global finance with development goals.Press release follows. Report attached. ...
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