COP31 finance announcements

Antalya, Türkiye · 9 to 20 November 2026

Every finance announcement from COP31 relevant to Africa and emerging markets: new funds and facilities, pledges, guarantees, carbon markets and the key takeaways each day.

Day 4 · Resilient Cities and Built Environment

European Bank for Reconstruction and Development commits 6 billion dollars to Türkiye's REACT clean energy platform

Commitment only

US$6 billion over five years

European Bank for Reconstruction and Development investment in Türkiye's renewable energy and grid platform.

Announced 12 November 2026

Energy Monitor

Climate Investment Funds names first ARISE resilience countries, including Morocco, Sierra Leone and a Mozambique and Malawi regional programme

Yet to open

US$30 million per country, US$40 million regional

First resilience funding for Morocco, Sierra Leone, Mozambique and Malawi, Bangladesh, Haiti and Kyrgyzstan.

Announced 12 November 2026

TodayPress.tv (Climate Investment Funds event at COP31)

UN Trade and Development launches Global Carbon Market Network to channel carbon finance to developing economies

For information

No amount announced

UN-convened network to make carbon markets more credible and channel carbon finance to developing economies.

Announced 12 November 2026

UN Trade and Development (UNCTAD)

Day 3 · Zero Waste

Carbon Brief analysis: developed countries' public climate finance pledges fall by more than 70 percent

For information

About US$11.7 billion a year, down from US$40 billion

Developed countries' new public climate finance pledges have fallen by more than 70 percent.

Announced 11 November 2026

Carbon Brief

Voluntary Carbon Markets Integrity initiative and African Union Development Agency sign agreement to launch a Platform for Agricultural Carbon in Africa

Yet to open

No amount stated

New platform to help African governments get high-integrity carbon finance to farmers.

Announced 11 November 2026

EIN Presswire (Marchmont Communications for VCMI and AUDA-NEPAD)

Ghana issues 6.5 million national forest carbon credits, unlocking an expected 43 million dollars including from the LEAF Coalition

Active

US$43 million expected

Ghana's 6.5 million national forest carbon credits open the way for payments from buyers including the LEAF Coalition.

Announced 11 November 2026

allAfrica (Bird Story Agency)

Day 2 · Energy and Transport

Powering Past Coal Alliance launches Coal Transition Partnerships to unlock more than 23 billion dollars

Yet to open

Over US$23 billion to be unlocked

Support for developing countries preparing first coal phase-out plans, including South Africa by 2028.

Announced 10 November 2026

Climate Home News

African Development Bank and World Bank to co-chair new Electrify Now Finance Coalition

Commitment only

No amount announced

African Development Bank and World Bank to co-chair a coalition mobilising electrification finance from 2027.

Announced 10 November 2026

Inter Press Service

Singapore launches SPIRE Asia, a blended finance fund of up to 500 million dollars for agri-food adaptation

Yet to open

Up to US$500 million

Singapore blended finance fund for agri-food and adaptation companies in South-east Asia; application details to come.

Announced 10 November 2026

The Straits Times (via Yahoo News Singapore)

Climate Investment Funds announces first five AMPLIFi investments, 94 million dollars aiming to mobilise more than 1.2 billion dollars

Active

US$94 million, targeting over US$1.2 billion

First-loss guarantees and junior equity for clean power, including South African grids and Liberian solar and storage.

Announced 10 November 2026

Electrify Now (COP31 Presidency and partners)

Utilities for Net Zero Alliance raises annual grid, renewables and storage investment to 156 billion dollars

Commitment only

US$156 billion a year

Member utilities' own investment in grids, renewables and storage; not open to outside applications.

Announced 10 November 2026

CJ Africa Magazine

IRENA D-GRIDS programme to help developing countries prepare grid projects and access finance

Yet to open

No amount announced

Support for developing countries to plan grid investment, prepare projects and access finance.

Announced 10 November 2026

CJ Africa Magazine

CARE analysis warns climate loan repayments could overtake new lending by 2036

For information

Climate loan repayments could overtake new climate lending to developing countries by 2036.

Announced 10 November 2026

Climate Home News

Kenya and Nigeria sign Australia-led Global Rooftop Solar Declaration

For information

No finance attached

Kenya and Nigeria join a pledge to double solar-powered households to 300 million by 2030.

Announced 10 November 2026

Climate Home News

Day 1 · Food, Agriculture and Health

European Investment Bank sets at least 30 billion euros for adaptation under Climate Adaptation Plan Phase 2

Commitment only

At least €30 billion (2026 to 2030)

European Investment Bank Group adaptation financing under phase two of its Climate Adaptation Plan.

Announced 9 November 2026

European Investment Bank

Climate finance work programme makes the COP31 agenda, but Africa's separate adaptation finance item is dropped

For information

The climate finance work programme makes the agenda, but Africa's separate adaptation finance item is dropped.

Announced 9 November 2026

Climate Home News

Climate and Health Funders Coalition reaches more than 375 million dollars

Commitment only

Over US$375 million

Philanthropic funding for extreme heat, air pollution, climate-sensitive diseases and health data.

Announced 9 November 2026

Premium Times

Global Green Bond Initiative aims to mobilise 20 billion euros of green investment in emerging economies

Yet to open

€20 billion mobilisation target

European Union-led initiative to grow green bond markets in emerging economies.

Announced 9 November 2026

European Investment Bank

Pre-COP

Africa Finance Corporation and Green Climate Fund launch 690 million dollar Africa Sovereign Climate Facility

Active

US$690 million

Climate planning and priority projects for Angola, Benin, Côte d'Ivoire and Nigeria, combining technical assistance and blended finance.

Announced 3 November 2026

Africa Finance Corporation (via APO)

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