"From a faith perspective, climate finance is not simply about finding more money for climate action," said Athena Peralta, director of the WCC Commission on Climate Justice and Sustainable Development. "We also want to look at who pays and who benefits and who bears the risks." Private investment cannot close the gap, Peralta argued: it follows returns, not need. Public finance must move back to the centre: "we need to see climate finance, debt and tax as part of the same system." Public money could also come from military budgets, said Lindsey Fielder Cook of the Quaker United Nations Office. World military spending rose for an 11th consecutive year in 2025, she said, while states cut climate finance. "So while our forest burns, our crops die, our glaciers collapse, people die of heat and people die in war. We ask ourselves, what really makes us safe?" Elena Cedillo, programme executive for climate justice at the Lutheran World Federation, put the weight on design: "the question is not only how much climate finance is available, but how it is designed, and who has a voice in deciding how it is used." Illari Aragon, global advocacy and policy lead at Christian Aid, said of COP31: "it's really an opportunity for countries to show that they care about adaptation." International public adaptation finance was 26 billion US dollars in 2023, against annual needs of 310 to 365 billion by 2035, the UN Environment Programme reports. Climate Finance for Human Rights, Resilience and Justice Sustainability and Economy of Life (WCC) Churches to tackle war economies at Panama consultation (WCC) Adaptation Gap Report 2025 (UN Environment Programme, 29 October 2025) |
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