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COP31, Climate Finance and the Data That Decides Who Gets Funded

Essays on the road to Antalya: NCQG, the Loss and Damage Fund, the Belém adaptation indicators, and the measurement systems quietly deciding which countries can compete for the money.

Antalya is shaping up to be the COP where climate finance has to grow up. Pledges are no longer the headline. Disbursement is. And disbursement, increasingly, runs on data: which countries can prove a loss happened, who was affected, what it cost, and what the funded intervention actually changed.

This topic gathers the essays I have been writing on that shift. They cover the New Collective Quantified Goal, the Loss and Damage Fund moving from pledge to payout, the Belém Adaptation Indicators about to meet their first reporting test, and the case for anticipatory finance arriving at COP31 with infrastructure of its own.

Most of these arguments come from the same place: a decade of building the underlying disaster data systems in countries that are about to be measured by them.

Essays in this topic

Climate Analytics & DRROpinion / Cornerstone·10 min read

Localising Anticipatory Action: Why It Has to Empower Governments, Not Work Around Them

Most localisation conversations in anticipatory action have focused on local NGOs and community organisations. The primary responsibility holder for disaster management in every country is the government's lead disaster management authority. If our anticipatory action investments do not also build that authority, the architecture we are scaling will struggle to align with the Sendai Framework over the long run.

Climate Analytics & DRROpinion / Cornerstone·10 min read

From Trigger to Coordinated Early Action: Designing Multi-Sector Anticipatory Action Protocols

The implementation and operationalisation of anticipatory action, the phase that sits between the trigger being initiated and assistance reaching targeted households, is the part the literature most often skips. It is also where most of the operational work and most of the failure modes live.

Climate Analytics & DRROpinion / Cornerstone·10 min read

El Niño in 2026, the Cascading Hazards and the Timely Opening for Early Action

A strong El Niño is a forecast we can already read. It is also a test of whether we are willing to act on what we know, in the closing months before what we know becomes what we are too late to prevent. The 2026–2027 cycle is the one in which the system either uses what it built, or does not.

Climate Analytics & DRROpinion / Cornerstone·9 min read

Anticipatory Action and the Data Evidence: Why Waiting Is No Longer Caution

The 2023–2024 El Niño response delivered a 30 percent efficiency gain on every dollar spent early. Horn of Africa modelling shows US$2.3 to US$3.3 in net benefit per dollar. Multi-country analysis puts avoided losses at up to US$3 per US$1. The evidence has converged. The only barriers left are the speed of decisions and the flexibility of funding.

Climate Analytics & DRROpinion / Cornerstone·9 min read

The Road to Antalya: Turning the NCQG Into Real-World Climate Finance

A finance goal is only as honest as the data that tracks it. On the road to COP31, the New Collective Quantified Goal is about to meet that test, and the credibility of USD 300 billion a year will be decided not by negotiators but by the boring, technical, deeply political business of measurement.

Climate Analytics & DRROpinion / Cornerstone·10 min read

From Pledge to Payout: A Defining Year for the Loss and Damage Fund

A fund exists when money reaches the people it was built for. By that test, the Loss and Damage Fund is still becoming real. With the first call for funding requests now open, the year between Belém and Antalya is when the Fund either delivers, or doesn't.

Climate & CashTechnical Deep Dive / Opinion·9 min read

From Early Warning to Early Action: Why Anticipatory Finance Belongs at the Heart of COP31

We can see most climate disasters coming. The question COP31 has to answer is whether the money can move before they arrive, and whether the trigger fires for the communities the forecast keeps missing. Anticipatory action is only as equitable as the data its triggers are built on.

Climate Analytics & DRRTechnical Deep Dive / Opinion·9 min read

Measuring What Works: Helping the Belém Adaptation Indicators Live Up to Their Promise

COP30 finally gave the world a way to measure adaptation. COP31 has to prove that most countries can actually produce the numbers, or the indicators become one more standard the vulnerable are judged against and cannot meet.

Climate Analytics & DRROpinion / Cornerstone·10 min read

COP31 and Data: Making the Case From the Field

The most important climate finance argument at Antalya will not be made by a negotiator. It was already made, years ago, by communities whose losses no one wrote down. This is what I learned trying to write them down, and why data is now the gatekeeper of climate justice.

Climate Analytics & DRROpinion / Cornerstone·10 min read

Invisible Disasters, Invisible Funding: When Disaster Data Decides Who Gets Climate Finance

Every year, millions experience flash floods, prolonged drought, and slow-onset hazards that never reach the world's primary disaster databases. Their losses are real, recurring, and devastating. Because they don't show up in the data, they rarely show up in the funding either.

Climate Analytics & DRROpinion / Cornerstone·8 min read

Why Disaster Loss Data Matters More Than Ever for Climate Adaptation

In Cox's Bazar, host communities pushed back against reforestation, not because they opposed it, but because their own climate losses to coastal erosion and cyclones were undocumented and therefore unfundable. Disaster loss data is now the evidentiary backbone of the entire climate adaptation architecture.

Frequently asked

Short, sourceable answers to the questions that come up most around this topic.

What is COP31 expected to focus on in 2026?

COP31 in Antalya is expected to focus on operationalising the New Collective Quantified Goal on climate finance, advancing the Loss and Damage Fund from pledges to actual disbursement, finalising the Belém Adaptation Indicators reporting architecture, and embedding anticipatory finance into mainstream climate funding flows.

What is the New Collective Quantified Goal (NCQG)?

The NCQG is the post-2025 climate finance goal agreed at COP29, replacing the USD 100 billion target. It commits developed countries to mobilising at least USD 300 billion a year by 2035 for developing countries, with a broader USD 1.3 trillion aspirational figure across all sources. Its credibility hinges on how the underlying flows are measured and reported.

Why does data matter so much for the Loss and Damage Fund?

The Fund disburses against evidence. Countries that can produce documented, verifiable disaster loss and impact data are positioned to access funding quickly; countries whose loss data is fragmented, undocumented, or politically contested face structural barriers to claiming it. Data sovereignty is becoming climate finance sovereignty.

What are the Belém Adaptation Indicators?

Agreed at COP30 in Belém, the indicators are the first global framework for measuring progress on the UAE Framework for Global Climate Resilience. They define what the world will count as adaptation, but most countries do not yet have the statistical infrastructure to report against them. COP31 has to address that gap.

What is anticipatory climate finance?

Anticipatory finance is funding that is pre-positioned and released against a forecast trigger before a hazard materialises, rather than after. It is one of the few mechanisms that has been shown to deliver dollar-for-dollar better outcomes than post-event response, and its placement at COP31 reflects growing recognition that the global system has to fund prevention, not only recovery.

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