Europe's contribution to climate finance (in €bn)
The EU and its 27 member states are the biggest providers of climate finance in the world.
In 2025 they contributed €32.3 billion from public sources and mobilised an additional €9.3 billion in private finance to help developing countries combat climate change and adapt to its impacts.
Europe's contribution to climate finance (in €bn)
Since 2013, Europe has more than doubled the funds raised to help developing countries mitigate and adapt to the impact of climate change.
Europe's contribution to climate finance (in €bn)
Since 2013, Europe has more than doubled the funds it has raised to help developing countries mitigate and adapt to the impact of climate change.
The EU and its member states raised:
- €9.6 billion in 2013
- €14.5 billion in 2014
- €17.6 billion in 2015
- €20.2 billion in 2016
- €20.4 billion in 2017
- €21.7 billion in 2018
- €23.2 billion in 2019
- €23.4 billion in 2020
- €23 billion in 2021
- €28.5 billion in 2022*
- €28.6 billion in 2023*
- €31.7 billion in 2024*
- €32.3 billion in 2025*
The sources for the figures include the EU budget, the European development fund and the European Investment Bank.
* Since 2022, the overall public finance figure has been calculated using a new methodology, based on commitments for bilateral finance and disbursements of multilateral finance made in the same year.
The €32.3 billion in climate finance from public sources includes €4.3 billion from the EU budget, also from the European development fund, and €2.7 billion from the European Investment Bank.
The overall public figure is calculated on the basis of commitments for bilateral finance and disbursements of multilateral finance reported for calendar year 2025.
The €9.3 billion figure represents private financial support mobilised through public interventions (e.g. guarantees, syndicated loans, direct investments in companies, credit lines, etc.). It does not include any of the public finance used to mobilise this private financial support.
Last review: 29 October 2026