Europe is the largest public climate finance provider, contributing EUR 31.7 billion in 2024.

Omissions

• The €31.7 billion is a collective 'Team Europe' figure covering the EU institutions plus all 27 Member States, not the EU budget alone; the Commission's own contribution from the EU budget was €4.6 billion in 2024.
• The figure refers specifically to climate finance for developing countries and excludes the additional €11 billion of private finance mobilised in 2024.
• The Council figures were published on 27 October 2025, i.e. they were available to the speaker well before the October 2026 plenary session.

Sources

• PrimaryCouncil of the EU — press release 'Council publishes 2024 international climate finance figures''In 2024, the European Union and its 27 member states contributed €31.7 billion in climate finance from public sources and mobilised an additional €11 billion in private finance'
• PrimaryEuropean Council/Council of the EU — infographic '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 2024, they contributed €31.7 billion from public sources and mobilised an additional €11 billion in private finance to support developing countries'
• PrimaryEuropean Commission — International climate finance (DG CLIMA)'The European Commission contributed €4.6 billion in public climate finance from the EU budget to developing economies in 2024.'
• SecondaryAgence Europe — 'In 2024, EU and its Member States contributed almost €32 billion to financing climate action''The EU and its Member States contributed €31.7 billion to climate action in developing countries in 2024.'