Below are remarks delivered by UN Climate Change Executive Secretary Simon Stiell during a COP29-COP30 Presidency event on the implementation of the Baku to Belém Roadmap to 1.3T, at the UN June Climate Meetings in Bonn, Germany, on Thursday 11 June 2026.
Excellencies, colleagues, friends,
This discussion goes to the heart of our work today.
This is an era of implementation in climate action.
And finance will drive it forward.
It is essential for a truly global transition:
For turning plans into projects.
Bringing the benefits of climate action to billions of people.
And laying the groundwork for more ambitious commitments that the science demands, for the second global stocktake.
Together, at COP29, countries called on all actors to scale up climate finance to $1.3 trillion by 2035.
This Roadmap is the plan we need to answer that call:
A powerful signal of confidence - that $1.3 trillion is both achievable and essential.
It is not a negotiated document.
But it is the result of record submissions and hundreds of ideas from across the climate and finance communities.
It may not be everything that every Party would want. But it is a plan we can and must rally behind.
We are all aware of the headwinds we face. And the impact they have on developing countries:
Limiting their ability to make the investments they need at this crucial time.
We need real political backing to deliver on the Roadmap. Including through other international fora.
And our immediate focus must be those actions that sustain and build momentum - laying the foundations for further progress down the line:
Getting the most out of every drop of climate finance, making every dollar count, including from governments and development banks.
Using public finance to leverage far more private finance.
Expanding access to capital, and lowering its cost.
Improving coordination across a fragmented climate and development finance landscape.
Mitigating debt distress in developing countries.
Changing perceptions of risk.
Better aligning investment frameworks with climate goals.
And continuing to identify new and innovative sources of climate finance.
Working with each COP Presidency. Building on your priorities and your incredible networks.
So that by the second global stocktake at COP33, we show real progress.
We have a plan.
Let's put it to work.
I thank you.
