Mozambique Seeks $37.2bn in Climate Funding Over Next Decade

November 13, 2026 | By Semahegn Nigatu

Mozambique needs 37.2 billion US dollars over the next decade to finance climate adaptation and resilience measures, President Daniel Chapo said at the 31st United Nations Climate Change Conference (COP31) in Antalya, Türkiye.

Speaking at the Leaders’ Summit on November 12, Chapo called on the international community, particularly major economies, to fulfil their climate finance commitments and increase support for countries most vulnerable to climate change.

He said countries such as Mozambique were experiencing increasingly severe effects from extreme weather events despite contributing relatively little to global greenhouse gas emissions.

Chapo said Mozambique had experienced more than 76 extreme weather events, including floods and cyclones, between 2000 and 2025. The disasters caused loss of life and economic damage exceeding 4.5 billion US dollars.

The president said Mozambique ranked among the 10 countries most vulnerable to climate change globally, citing its geographical location and repeated exposure to extreme weather.

He called on major economies to take the lead in reducing emissions and meeting climate finance pledges, warning that the Paris Agreement's goal of limiting global warming to 1.5 degrees Celsius was under threat, 10 years after its adoption.

Chapo said the government had made climate adaptation and disaster risk reduction strategic priorities, adopting an approach covering prevention, preparedness, emergency response, post-disaster recovery and humanitarian assistance.

Mozambique has developed 142 local climate adaptation plans and established more than 1,500 local disaster risk management committees, according to the president.

He called for financial and technical support from bilateral and multilateral partners to help meet the country's climate resilience needs and protect communities exposed to natural disasters.

Chapo also urged greater international support for African countries in disaster prevention and resilience-building, invoking the principles of climate justice and climate finance.

Source: FSX Business News