The United Nations Environment Programme (UNEP): urgent need to dramatically increase climate adaptation efforts

The report from UNEP finds that progress in adaptation financing is not fast enough to close the enormous gap between needs and flows, which contributes to a continued lag in adaptation planning and implementation efforts.

Key messages in report:

• Nations must dramatically step up adaptation, starting with a commitment to act on finance at COP 29.
• International public adaptation finance flows are rising, but there remains a huge gap between what is needed and what is being delivered.
• Planning and implementation of adaptation are generally increasing, but not fast enough. More support and more ambition are required.
• Enabling factors, new approaches and financial instruments are key for unlocking
  adaptation finance, for both the public and private sectors.
• Meeting the climate challenge will require greater volumes of adaptation finance and a more strategic approach to investment. It also must consider who ultimately pays for adaptation.
• Capacity-building and technology transfer are central to enhancing adaptation in
  developing countries, but changes to how they work are needed to accelerate adaptation actions on the ground.

Read full report on the UNEP website External link.