Developing countries need $1 trillion annually in climate finance.

"The world needs a breakthrough and a new roadmap on climate finance that can mobilise the $1 trillion in external finance that will be needed by 2030 for emerging markets and developing countries (EMDCs) other than China"

Annual investments in emerging market and developing countries other than China, to cut emissions, to boost resilience and deal with the loss and damage caused by climate change impacts, and to restore nature and land, should exceed $2 trillion by 2030, according to a new report.