We intend to increase Germany’s contribution to international climate finance to at least €6 billion per year by 2025, of which €1.5 billion will be earmarked for international biodiversity finance. We want to further strengthen partnerships on implementing climate and biodiversity goals in order to support developing countries and emerging economies in tackling climate change mitigation, climate adaptation and biodiversity conservation.

• By 2025 at the latest, Germany intends to increase its contribution to international climate finance from budget funds to €6 billion. As part of this, Germany intends to increase international biodiversity finance to €1.5 billion per year.

• To help protect especially vulnerable people in the Global South against climate-related damages and losses, the G7, under Germany’s presidency and together with the Vulnerable Twenty (V20), launched the Global Shield against Climate Risks. Germany is currently the largest donor to the Global Shield with €170 million.

• To implement climate and biodiversity goals, Germany is active in establishing and expanding ambitious climate partnerships (JETPs and bilateral energy, development and climate partnerships) and in international initiatives (e.g. ENACT Initiative, NBSAP Accelerator Partnership, NDC Partnership), for example within the framework of the International Climate Initiative (IKI) and through German development cooperation.

• Germany has made available a total of €1.5 billion for the Green Climate Fund. Germany will host an international replenishment conference on 5 October 2023. Germany intends to pledge €2 billion.