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The urgency for climate adaptation has escalated, with COP29 in Baku highlighting a significant gap in adaptation finance needs, estimated at $215 billion-$387 billion annually, against actual funding of only $28 billion in 2022. The Adaptation Fund has invested over $1.2 billion in projects benefiting 46 million vulnerable people, emphasizing the immediate necessity for increased financial support to combat climate impacts. As extreme weather events become more frequent, the call for robust adaptation strategies and funding is more critical than ever.
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urgent need for increased adaptation finance in climate crisis response
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Adaptation Fund
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SEN
Adam Wentworth
Aïssata Sall
Antonio Gueterres
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Mikko Ollikainen
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09:57 08.11.2024
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