In 2025, China's clean technology exports and investments in developing countries totalled $132 billion, including $40 billion in direct investments in clean energy projects.
By comparison, developed countries provided $137 billion in climate finance to developing countries in 2024. However, China's contribution was largely driven by commercial transactions, while financing from developed countries included loans, grants and other forms of financial assistance.
Expanding production of solar panels, batteries and electric vehicles is driving down the cost of clean technologies. Chinese equipment exported to and deployed in developing countries in 2025 is expected to reduce annual greenhouse gas emissions by 257 million tonnes. Nearly two-thirds of China's exports of solar panels and components used in their production are destined for developing countries.
According to the World Meteorological Organization (WMO), the global average temperature from January to September 2026 was 1.47°C above pre-industrial levels. The past 12 years have been the warmest on record, with 2023–2026 ranking among the four hottest years. The WMO expects temperatures to rise further as the El Niño climate phenomenon strengthens, with its effects likely to persist into 2027.
According to the report, ocean temperatures have continued to set records for ten consecutive years, while global mean sea level reached a record high in 2026. Glaciers lost more than 400 billion tonnes of ice in 2025. Extreme heat, droughts and floods are increasing risks to agriculture, water supplies and economic activity.
The report was presented on 9 November at the opening of the UN COP31 Climate Change Conference in Türkiye.
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