Policy Updates

On Decembr 2, 2025, donors pledged US$1.2 billion at the annual UNHCR Pledging Conference in Geneva for 2026 operations, slightly above the 2025 pledge and covering nearly 18% of UNHCR's projected funding needs.

UNHCR's National Partners committed an additional US$350 million from private sector fundraising, bringing total pledges to US$1.5 billion. Several governments confirmed multi-year contributions extending into 2027 and beyond to strengthen UNHCR's long-term planning.

UNHCR Comissioner Filippo Grandi stated that early and flexible funding provided a lifeline to respond quickly to new emergencies and deliver solutions in neglected crises. Top government contributors included Denmark, Germany, Japan, the Netherlands, and Norway, with substantially increased contributions from Ireland, Luxembourg, and Iceland. The European Union confirmed significant funding already committed for 2026, while Austria and Spain joined the group of governments pledging support to UNHCR.

Unearmarked funding pledged dropped to 17% of total pledges, nearly half of 2023 levels, while earmarked funding for specific countries and activities increased. Norway, Denmark, Germany, Switzerland, and Ireland pledged the largest amounts of unearmarked funding.

A year-long campaign led by EU Commission President Ursula von der Leyen and South African President Cyril Ramaphosa has secured EUR15.5 billion (US$18.0 billion) to mobilize investments in renewable energy across Africa, along with additional commitments in clean energy generation and household electricity access, announced on November 21, 2025.

The EU led the pledging effort with more than EUR15.1 billion (US$17.5 billion), including contributions from multiple EU member states including Germany, France, Denmark, Italy, the Netherlands, Spain, Portugal, Sweden, Austria, and Ireland, as well as significant bilateral contributions by European financial institutions and development finance institutions, and estimated mobilized private investment. Alongside the campaign, the African Development Bank has pledged to allocate at least 20% of their 17th replenishment to renewable energy.

The campaign, organized in collaboration with Global Citizen and with policy support from the IEA, aimed to drive public and private investment in supporting Africa's clean energy transition, expand electricity access, and promote sustainable economic growth and decarbonized industrialization. The effort represented a step toward accelerating the global transition from fossil fuels to clean and sustainable energy.

Von der Leyen stated that the investment would turbocharge Africa's clean-energy transition, providing millions more people with electricity access and creating opportunities for thriving markets, new jobs, and reliable clean energy.

On November 21, 2025The Global Fund held its Eighth Replenishment Summit, in Johannesburg, South Africa, co-hosted by the governments of South Africa and the UK on the margins of the G20 Leaders' Summit, securing US$11.3 billion in pledges to sustain the fight against AIDS, tuberculosis, and malaria.

Partners from more than 30 countries pledged support to save lives and strengthen systems for health, marking the first replenishment held on African soil. The summit demonstrated global solidarity despite fiscal tightening, conflict, and global uncertainty, though total pledges fell short of the ambitious target set in the Investment Case and several donors had yet to confirm their pledges.

The US, the Global Fund's largest donor, committed US$4.6 billion. The UK pledged GBP850 million (US$1.1 billion), while Germany confirmed EUR1 billion (US$1.2 billion) and Canada pledged CAD1.02 billion (US$723 million). France noted that its support remained unchanged. Spain increased its pledge to EUR145 million (US$167 million), Italy pledged EUR150 million (US$173 million), the Netherlands contributed EUR146 million (US$169 million), and additional pledges came from many other donors. South Africa committed US$37 million, including US$10 million from the private sector. African countries made solidarity commitments totaling US$52 million. G20 member states reached US$9 billion in commitments.

Within the private sector, the Gates Foundation pledged US$912 million, the Children's Investment Fund Foundation pledged US$135 million, and (RED) committed US$75 million. Overall, private sector support reached US$1.3 billion.

On September 26, 2025, at a meeting of the AHLC, Norway and 11 other countries launched the Emergency Coalition for the Financial Sustainability of the PA, with Norway contributing NOK40 million (US$4 million) to a crisis package.

The coalition, which also includes Belgium, Denmark, France, Iceland, Ireland, Japan, Saudi Arabia, Slovenia, Spain, Switzerland, and the UK, was established to stabilize the PA’s finances and preserve its ability to govern. The launch took place during an AHLC meeting in New York chaired by Norwegian Minister of Foreign Affairs Espen Barth Eide, with Palestinian Prime Minister Mohammad Mustafa attending virtually. The coalition demanded that Israel immediately release all Palestinian clearance revenues, which constitute over 60% of the revenue the PA needs.

The crisis package aims to support essential services like hospitals and schools. Norway’s contribution is in addition to NOK200 million (US$20 million) in budget support transferred earlier in 2025. The coalition will also promote a sustainable and coordinated approach with IFIs to support reforms and ensure accountability, affirming the effort as an investment in regional peace and the two-state solution.

On October 11, 2024, the Danish government released a report with a proposal to allocate DKK15 billion (US$2.2 billion) to climate-focused research and innovation by 2030.

The report is titled Speeding up the green solutions of the future – A strengthened effort for green research, innovation and climate solutions. It highlights four main research areas: carbon capture, green fuels (Power-to-X), agriculture, and the circular economy.

The report follows the Agreement on a Green Denmark which was reached on June 24, 2024, which includes measures to help Denmark reach its goal of reducing greenhouse gas emissions by 70% by 2030. This includes a DKK500 million (US$73 million) investment in green solutions for the agriculture and food industries. It also makes Denmark the first nation in the world to introduce a tax on CO2e from animal products.