Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Countries staying committed to climate plans after US Paris pact exit, UN climate chief says
    Headlines

    Countries staying committed to climate plans after US Paris pact exit, UN climate chief says

    Published by Global Banking and Finance Review

    Posted on February 6, 2025

    2 min read

    Last updated: January 26, 2026

    UN climate chief Simon Stiell addresses climate commitments from nations after the US exit from the Paris agreement, emphasizing the importance of strong national climate plans and global cooperation.
    UN climate chief Simon Stiell discusses climate commitments post-US Paris exit - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Countries maintain climate commitments despite US Paris exit, says UN climate chief, urging stronger national plans and highlighting economic benefits.

    Countries Stay Committed to Climate Plans After US Paris Exit

    By Lisandra Paraguassu and Valerie Volcovici

    BRASILIA/WASHINGTON (Reuters) - Countries are staying committed to their national climate plans and looking to lead the clean energy transition, as the United States plans to exit the Paris climate agreement, the UN's top climate official said in his first speech of the year on Thursday.

    Simon Stiell, executive secretary of the UN Framework Convention on Climate Change, laid out priorities ahead of annual climate talks in November, and encouraged countries to prepare stronger national climate plans this year, even after U.S. President Donald Trump said he will remove the world's second-biggest greenhouse gas emitter from the Paris agreement.

    "A country may step back, but others are already stepping into their place to seize the opportunity, and to reap the massive rewards: stronger economic growth, more jobs, less pollution and far lower health costs, more secure and affordable energy," Stiell said in a speech in Brazil's capital Brasilia, alongside COP30 President Ambassador André Corrêa do Lago.

    Stiell said in the 10 years since the Paris agreement was adopted, the world has become more divided but the climate negotiation process has "managed to buck the trend." 

    Some governments have faced political backlash to climate policies. Green candidates in Europe are losing support and the U.S. elected Trump, who campaigned against the Biden administration's climate-centered agenda.

    Even so, Stiell said the world has mobilized around $2 trillion in climate finance, money to support poorer countries' efforts to reduce emissions and adapt to climate impacts, from "nearly nothing" over the last decade. He called on countries to increase the amount of climate finance they agreed to target at last year's climate summit of $300 billion annually by 2035.

    Stiell said he expects the vast majority of countries to submit new national climate plans under the Paris agreement this year. The UNFCCC has a February 10 deadline for submissions of those plans but many countries said they would submit them later in the year.

    (Reporting by Valerie Volcovici; Editing by Rod Nickel)

    Key Takeaways

    • •Countries continue climate commitments despite US Paris exit.
    • •UN climate chief encourages stronger national climate plans.
    • •Simon Stiell highlights economic and health benefits of climate action.
    • •World mobilized $2 trillion in climate finance over a decade.
    • •New national climate plans expected under Paris agreement.

    Frequently Asked Questions about Countries staying committed to climate plans after US Paris pact exit, UN climate chief says

    1What is the main topic?

    The main topic is countries' commitment to climate plans despite the US exiting the Paris agreement.

    2How much climate finance has been mobilized?

    Around $2 trillion has been mobilized for climate finance over the last decade.

    3Who is the UN climate chief?

    Simon Stiell is the executive secretary of the UN Framework Convention on Climate Change.

    More from Headlines

    Explore more articles in the Headlines category

    Image for UN chief calls New START expiration 'grave moment'
    UN chief calls New START expiration 'grave moment'
    Image for Ukraine energy minister warns of more power cuts, possible Russian attacks
    Ukraine energy minister warns of more power cuts, possible Russian attacks
    Image for Melania Trump says talks with Putin team continue to free Ukrainian kids
    Melania Trump says talks with Putin team continue to free Ukrainian kids
    Image for Fifty-five thousand Ukrainian soldiers killed on battlefield, Zelenskiy tells French TV
    Fifty-five thousand Ukrainian soldiers killed on battlefield, Zelenskiy tells French TV
    Image for Telegram's Durov says proposed Spanish social media restrictions seek to censor critics
    Telegram's Durov says proposed Spanish social media restrictions seek to censor critics
    Image for French president's top diplomat held talks in Moscow on Tuesday, sources say
    French president's top diplomat held talks in Moscow on Tuesday, sources say
    Image for Italy probes 80-year-old over alleged Sarajevo 'sniper tourism'
    Italy probes 80-year-old over alleged Sarajevo 'sniper tourism'
    Image for Dental sector may steady in 2026, but full recovery remains distant, analysts say
    Dental sector may steady in 2026, but full recovery remains distant, analysts say
    Image for Russia says it's open to diplomacy but will counter any new threats after expiry of nuclear treaty
    Russia says it's open to diplomacy but will counter any new threats after expiry of nuclear treaty
    Image for Exclusive-EU rethinks climate diplomacy after bruising COP30 summit, document shows
    Exclusive-EU rethinks climate diplomacy after bruising COP30 summit, document shows
    Image for UK police ask government to withhold some Mandelson documents
    UK police ask government to withhold some Mandelson documents
    Image for Automakers back Trump plan to roll back fuel economy rules, but seek changes
    Automakers back Trump plan to roll back fuel economy rules, but seek changes
    View All Headlines Posts
    Previous Headlines PostHalt in U.S. aid cripples global efforts to relieve hunger
    Next Headlines PostGreenland government party plans independence vote after upcoming election