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$1.3tr climate goal for developing nations 'entirely feasible,' report says

( November 12, 2025, 15:17 GMT | Official Statement) -- MLex Summary: There is an “entirely feasible path” to raising $1.3 trillion a year by 2035 from public and private external sources to boost economic growth and climate action in developing countries other than China, according to a new report released Wednesday by the Independent High-Level Expert Group on Climate Finance. The funds would support clean energy, resilience, nature protection, loss recovery and fair transitions. The group says the goal is achievable through strong national strategies, reformed development banks and expanded financing.Press release follows. Report attached....

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