Table 4-1 Annual climate finance demand and gap for EMDEs outside China by 2030 (US$ billion)
US$1.3 trillion annual goal as global climate fi- commit to mobilizing at least US$300 billion nancing by 2035. Nevertheless, some countries have yet to fulfill these commitments (Box 4-1). financial support. The meeting also called for The Just Energy Transition Partnership (JETP) was established at COP26 in Glasgow, the UK, emerging fossil-dependent economies to accelerate their transition from fossil fuels, such as coal, and provide help to the populations most vulnerable to the impacts of this transition. The JETPs are funded by public and private sectors, and the members of the International Partners Group (IPG), a consortium of 10 developed countries and regions, such as the US, the UK and the EU, are one of the sources of public funds. As of September 2024, South Africa, Indonesia, Viet