Updates 

John B. Crihfield, Senior Advisor for Public Financial Management and Climate Risk at Neartu Global, has published the latest briefing paper in his ongoing Pensées Inédites series: “Official Development Assistance: Where Are We Now? Part 1: What Do the Data Tell Us?” The paper takes a data-driven look at the dramatic changes underway in international development finance. U.S. official development assistance fell from $63.3 billion in 2024 to $29 billion in 2025 — a decline of

Climate finance is often framed as a question of global commitments. But in practice, it’s a question of systems. In a new essay, we argue that the next phase of climate finance isn’t about new pledges—it’s about integrating climate into the core machinery of government through Green Public Financial Management (PFM) . While methodologies for tracking mitigation and adaptation have improved, they are still not fully embedded in how governments plan, budget, and allocate resou

Climate finance is increasingly caught in political crosscurrents—but the underlying work hasn’t stopped. With the U.S. withdrawing (again) from the Paris Agreement in 2026, it’s tempting to view climate finance as contingent on global consensus. But that misses what’s actually happening on the ground. Multilateral development banks committed $136.6 billion in climate finance in 2024 , mobilizing an additional $184 billion in co-finance . That’s over $320 billion in total flo