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Climate Adaptation Funding Gap Remains Wide
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Overview
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Poor countries are facing a significant funding gap for climate adaptation, with a 10-18 times shortfall in adaptation finance. The London-based Centre for Disaster Protection highlights that low-income nations are struggling to access pre-arranged climate disaster finance. The Adaptation Gap Report reveals a decline in funding for developing nations despite international pledges, underscoring the urgent need for increased financing. The UN Secretary-General calls for taxing fossil fuel companies to support vulnerable communities.
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How can the international community address the challenges faced by low-income nations in accessing climate disaster finance?
What are the implications of the decline in funding for developing nations?
What are the potential consequences of the funding gap for climate adaptation?
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