A new report by ActionAid reveals inadequate funding and implementation of "just transition" approaches in global climate finance, despite growing recognition of their importance for an inclusive shift to a climate-neutral economy.

• Only 2.8% (US$630 million) of multilateral climate finance for mitigation over more than a decade has supported just transitions.
• Authored by Global Lead on Climate Justice Teresa Anderson, ActionAid's report highlights that less than 1 in 50 projects (1.9%) from the Green Climate Fund (GCF) and Climate Investment Funds (CIF) adequately support workers, women, and communities.
• The report calls for a "Belém Action Mechanism" at COP30 to coordinate global just transition efforts and ensure climate action prioritizes people's daily needs.