More funding needed for climate adaptation, as risks mount
(United Nations News) Countries must urgently ramp up action to adapt to the current and future impacts of climate change, as efforts now are too little and too slow, the UN Environment Programme (UNEP) said in its latest report, published on Thursday.
The Adaptation Gap Report 2022 has been released ahead of the COP27 UN climate conference, which opens this weekend in Sharm El-Sheikh, Egypt.
It calls for increased funding and implementation of actions aimed at helping vulnerable nations and communities adapt to the climate emergency in the face of mounting risks.
Estimated annual adaptation needs are between $160 billion to $340 billion by the end of the decade, and up to $565 billion by 2050.
“Climate change is landing blow after blow upon humanity, as we saw throughout 2022: most viscerally in the floods that put much of Pakistan under water,” said Inger Andersen, the UNEP Executive Director.
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