The G7’s climate, energy, and environment ministers reconfirmed their pledge to mobilize the $100 billion annual climate finance target. This reaffirmation came through a notice issued by DEA News following their discussions.
In a joint statement delivered after a working session in Sapporo, Japan, the ministers declared, “We reaffirm our commitment to the goal shared by developed nations of increasing global climate finance to $100 billion each year by 2025.” The declaration underscores a sustained effort to mobilize resources that can drive climate action across vulnerable regions and sectors.
Participants from the G7 noted that the sustained investment stream is intended to close the funding gap necessary to keep global temperature rise to the largely cited 1.5°C threshold and to strengthen resilience against the impacts of climate change. The emphasis is on predictable, scalable financing that can support mitigation, adaptation, and capacity-building in diverse economies.
The document adds that the G7 is prepared to collaborate with other advanced economies to ensure the full realization of this target in the coming years. This cooperation is framed as a shared responsibility, recognizing that the climate challenge crosses borders and requires coordinated action, innovation, and finance from a broad coalition of countries.
In a broader context, the ministers also discussed concrete steps to bring down greenhouse gas emissions from transportation and industry. Earlier reports indicated a consensus within the Sapporo meeting to pursue a 50% reduction in emissions from the automotive sector by 2035. This target is seen as a meaningful milestone that aligns with the global goal of decarbonizing major sectors while encouraging technological breakthroughs like electric mobility, fuel efficiency improvements, and cleaner manufacturing processes.
As part of their ongoing engagement, the G7 ministers highlighted the importance of transparent reporting, accountability, and prudent governance in managing climate funds. They emphasized that results should be measurable, with clear milestones and regular reviews to ensure that every dollar contributes to reducing emissions, protecting communities, and supporting sustainable development. The dialogue also acknowledged the role of public-private partnerships, civil society, and regional authorities in accelerating progress and expanding the reach of climate finance beyond traditional channels.
Taken together, the statements from Sapporo reflect a continued, united stance among the G7 nations to mobilize financial resources for climate action while pursuing concrete policy and market-based solutions. The emphasis remains on harnessing finance to close the gap between need and supply, supporting adaptation in vulnerable regions, and driving decarbonization across key sectors. This approach aims to reinforce resilience, spur innovation, and encourage neighboring countries and partners to join in scaling up climate finance and ambitious climate action globally.