Climate Funding Fall Shows Action 'Stalling' As Needs Grows: UN
- International funding for climate resilience in developing countries fell by 15% in 2021, despite increasing impacts and the need for protection. This drop is concerning, especially since wealthy nations pledged to double adaptation funding by 2025.
- Developing countries are among the most affected by climate change, even though they contribute less to global warming. These countries need an estimated annual funding of about �365 billion to adapt to climate impacts.
- The failure to meet funding targets has damaged trust in international climate negotiations, and the gap between available funding and needs remains significant, even if wealthy governments fulfill their promise to increase funding.
21 Articles
21 Articles
UN warns of growing chasm between climate costs and adaptation funding
UN warns of growing chasm between climate costs and adaptation funding - The New Humanitarian puts quality, independent journalism at the service of the millions of people affected by humanitarian crises around the world
Report: As climate impacts accelerate, finance gap for adaptation efforts at least 50% bigger than thought
Progress on climate adaptation is slowing on all fronts when it should be accelerating to catch up with rising climate change impacts and risks, according to a new United Nations Environment Program (UNEP) report.
Climate funding falls amid ferocious weather impacts – UN
PARIS: International funding for climate resilience in developing countries slumped in 2021 despite increasingly ferocious impacts, the United Nations said Thursday, as Secretary-General Antonio Guterres warned action was "stalling" even as the need to protect people increases.Many developing economies least to blame for the greenhouse gases that stoke global warming are among the most exposed to the costly and destructive effects of worsening w…
Funding for climate change adaptation is far from enough, UN warns
Promises from rich countries to help poorer ones adapt to climate change are not increasing on the scale needed to meet the funding gaps leaving the world’s most vulnerable people at risk, a United Nations report has warned.
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