Adaptation to climate change will be 50% more expensive and countries reduce their financing by 15%

The United Nations warns that the impact of climate change is accelerating while the lack of funding for adaptation measures grows, which is “at least 50% higher than estimated”

The United Nations Environment Programme (UNEP) has warned that the impact of climate change is accelerating while the lack of funding for adaptation measures grows, which exceeds “at least 50 percent of what was estimated” due to the increase in adaptation needs coupled with insufficient funding for this type of measure.

Countries are reducing funding for climate change adaptation in developing countries by at least 15% since 2021, even as the effects of the climate emergency intensify.

Thus, the UN agency warns that countries are reducing the funds they direct to financing adaptation to climate change in developing countries, by at least 15 percent since 2021, despite the fact that the effects of the climate emergency are intensifying, and contrary to what States promised at the Climate Summits.

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