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Study: How many billions China pays for climate finance

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Published: September 26th, 2024,
Last updated: May 28th, 2025

China invested in a 100-megawatt solar power plant in Botswana.

„If you’re able, like China, to go to the moon on a mission, then you’re also able to pay more in the domain of climate action,“ EU Climate Commissioner Wopke Hoekstra told Bloomberg TV. He said Beijing is now rich enough to contribute to global efforts to provide funding for developing countries to help them cope with the effects of global warming. China has so far claimed that global climate finance is the responsibility of the wealthiest countries, which have produced the most carbon emissions since the Industrial Revolution.

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