More Funding Needed for Climate Adaptation, as Risks Mount
4 November 2022
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 Program (UNEP) said in its latest report, published on Thursday.
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.