# Developing countries face climate finance deficit as loan repayments soar

Source: [Climate Home News](https://www.climatechangenews.com/2026/11/10/developing-countries-face-climate-finance-deficit-as-loan-repayments-soar/) · 2026-11-10 · Earth & Climate
Page: https://themorning.science/story/developing-countries-face-climate-finance-deficit-as-loan-repayments-soar-8ab30c7c6f743c75
Kind: research · Impact: medium

## In brief

- Rich governments and development banks are delivering more climate finance as loans, according to new research.
- Developing countries could pay back more each year than they receive in new climate lending by the mid-2030s.

## Why it matters

The findings suggest loan-based climate finance may drain more money from developing countries than it brings in, which bears on how future climate funding is designed.

## Timeline

- 2026-11-10: Climate Home News reports research by CARE Denmark and the CARE Climate Justice Center finding developing countries could repay more than they receive in new climate loans by the mid-2030s

## Coverage

- [Developing countries face climate finance deficit as loan repayments soar](https://www.climatechangenews.com/2026/11/10/developing-countries-face-climate-finance-deficit-as-loan-repayments-soar/) — Climate Home News, 2026-11-10

Tags: climate finance, development loans, debt, developing countries, loan repayments

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Brief generated by AI (claude-haiku-5-5) from the reporting listed under Coverage. Headlines belong to their publishers. The Morning Science – https://themorning.science