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Latest newsNews searchHealthFinanceFoodCareer newsContent seriesFocus areasTry Devex Pro
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    • Climate Finance

    Should the defense spending ramp-up also tackle climate change?

    As defense leaders prioritize tanks and ammunition, front-line nations warn that ignoring climate change as a risk multiplier is a costly strategic failure.

    By Jesse Chase-Lubitz // 20 February 2026

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    At Munich Security Conference, development tries to stay relevant
    At Munich Security Conference, development tries to stay relevant

    At the Munich Security Conference, military spending and troop deployments dominated the agenda. But for many countries, the most present threat can’t be repelled by tanks.

    Conversations about climate change were on the sidelines of the world’s premier security gathering last weekend, but it was top of mind for the small delegation of global south leaders present — and particularly urgent for leaders of small island nations.

    “Climate change has become a threat to the existence of the Maldives,” said Abdulla Khaleel, the Maldivian minister for foreign affairs, during a high-level lunch. “It’s not the bombs, it’s not the terrorists. We are facing a different kind of terrorism.”

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    More reading:

    ► The world’s most fragile states get less than 10% of climate finance

    ► At Munich Security Conference, development tries to stay relevant

    ► Ex-NATO chief warns against boosting defense budgets at expense of aid

    • Environment & Natural Resources
    • Democracy, Human Rights & Governance
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    About the author

    • Jesse Chase-Lubitz

      Jesse Chase-Lubitz

      Jesse Chase-Lubitz covers climate change and multilateral development banks for Devex. She previously worked at Nature Magazine, where she received a Pulitzer grant for an investigation into land reclamation. She has written for outlets such as Al Jazeera, Bloomberg, the Organized Crime and Corruption Reporting Project, and The Japan Times, among others. Jesse holds a master’s degree in Environmental Policy and Regulation from the London School of Economics.

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    Munich Security Conference 2026Related Stories - Special edition: Development plays defense at Munich Security Conference

    Special edition: Development plays defense at Munich Security Conference

    Climate FinanceRelated Stories - The world’s most fragile states get less than 10% of climate finance

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